Whitnell & Co. Acquires 2,025 Shares of Walt Disney Co (NYSE:DIS)

Whitnell & Co. lifted its holdings in Walt Disney Co (NYSE:DIS) by 5.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,209 shares of the entertainment giant’s stock after purchasing an additional 2,025 shares during the period. Walt Disney accounts for approximately 1.6% of Whitnell & Co.’s portfolio, making the stock its 14th biggest holding. Whitnell & Co.’s holdings in Walt Disney were worth $4,849,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of DIS. Glenview State Bank Trust DEPT. boosted its holdings in Walt Disney by 0.5% during the second quarter. Glenview State Bank Trust DEPT. now owns 15,057 shares of the entertainment giant’s stock valued at $2,103,000 after purchasing an additional 70 shares in the last quarter. Aft Forsyth & Company Inc. boosted its holdings in Walt Disney by 0.9% during the second quarter. Aft Forsyth & Company Inc. now owns 7,705 shares of the entertainment giant’s stock valued at $1,076,000 after purchasing an additional 70 shares in the last quarter. Altfest L J & Co. Inc. boosted its holdings in Walt Disney by 0.5% during the second quarter. Altfest L J & Co. Inc. now owns 13,978 shares of the entertainment giant’s stock valued at $1,952,000 after purchasing an additional 74 shares in the last quarter. Botty Investors LLC boosted its holdings in Walt Disney by 4.8% during the second quarter. Botty Investors LLC now owns 1,650 shares of the entertainment giant’s stock valued at $230,000 after purchasing an additional 75 shares in the last quarter. Finally, Wealthquest Corp boosted its holdings in Walt Disney by 1.6% during the second quarter. Wealthquest Corp now owns 4,772 shares of the entertainment giant’s stock valued at $666,000 after purchasing an additional 76 shares in the last quarter. Institutional investors and hedge funds own 68.42% of the company’s stock.

A number of research firms have recently issued reports on DIS. UBS Group cut their target price on shares of Walt Disney from $165.00 to $155.00 and set a “buy” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $150.00 target price on shares of Walt Disney in a research note on Friday. Wells Fargo & Co cut their target price on shares of Walt Disney from $173.00 to $167.00 and set an “outperform” rating for the company in a research note on Friday. Tigress Financial reiterated a “buy” rating on shares of Walt Disney in a research note on Monday, August 26th. Finally, ValuEngine cut shares of Walt Disney from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Six investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. Walt Disney presently has an average rating of “Buy” and an average price target of $150.47.

Shares of Walt Disney stock traded up $5.00 on Friday, hitting $137.96. 23,891,567 shares of the company’s stock traded hands, compared to its average volume of 7,565,782. The firm’s 50-day moving average price is $131.00 and its two-hundred day moving average price is $136.12. The stock has a market capitalization of $248.52 billion, a PE ratio of 19.49, a price-to-earnings-growth ratio of 4.43 and a beta of 0.96. Walt Disney Co has a one year low of $100.35 and a one year high of $147.15. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.70 and a quick ratio of 0.67.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 7th. The entertainment giant reported $1.07 EPS for the quarter, beating the consensus estimate of $0.95 by $0.12. The company had revenue of $19.10 billion during the quarter, compared to analysts’ expectations of $19.02 billion. Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. The business’s revenue for the quarter was up 33.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 EPS. On average, analysts forecast that Walt Disney Co will post 5.74 earnings per share for the current fiscal year.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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