Raymond James Trust N.A. Purchases 2,981 Shares of The Walt Disney Company (NYSE:DIS)


Share on StockTwits

Raymond James Trust N.A. raised its position in The Walt Disney Company (NYSE:DIS) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 135,214 shares of the entertainment giant’s stock after acquiring an additional 2,981 shares during the quarter. The Walt Disney makes up 0.9% of Raymond James Trust N.A.’s portfolio, making the stock its 19th biggest holding. Raymond James Trust N.A.’s holdings in The Walt Disney were worth $24,498,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Morgan Stanley lifted its holdings in The Walt Disney by 13.4% in the third quarter. Morgan Stanley now owns 28,816,319 shares of the entertainment giant’s stock valued at $3,575,528,000 after acquiring an additional 3,397,905 shares during the period. Fisher Asset Management LLC raised its stake in shares of The Walt Disney by 4.5% in the third quarter. Fisher Asset Management LLC now owns 9,496,711 shares of the entertainment giant’s stock worth $1,178,352,000 after buying an additional 410,180 shares during the period. UBS Asset Management Americas Inc. raised its stake in shares of The Walt Disney by 5.7% in the third quarter. UBS Asset Management Americas Inc. now owns 9,245,128 shares of the entertainment giant’s stock worth $1,147,135,000 after buying an additional 496,922 shares during the period. California Public Employees Retirement System raised its stake in shares of The Walt Disney by 2.3% in the third quarter. California Public Employees Retirement System now owns 4,138,180 shares of the entertainment giant’s stock worth $513,465,000 after buying an additional 94,121 shares during the period. Finally, Yacktman Asset Management LP raised its stake in shares of The Walt Disney by 4.8% in the third quarter. Yacktman Asset Management LP now owns 3,059,557 shares of the entertainment giant’s stock worth $379,630,000 after buying an additional 141,122 shares during the period. 57.46% of the stock is currently owned by institutional investors.

Shares of The Walt Disney stock opened at $176.12 on Thursday. The stock has a market cap of $318.86 billion, a price-to-earnings ratio of -110.77, a price-to-earnings-growth ratio of 4.37 and a beta of 1.16. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.26 and a current ratio of 1.32. The stock has a 50 day moving average price of $168.29 and a 200-day moving average price of $136.87. The Walt Disney Company has a one year low of $79.07 and a one year high of $183.40.

The Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 12th. The entertainment giant reported ($0.20) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.68) by $0.48. The firm had revenue of $14.71 billion during the quarter, compared to analyst estimates of $14.10 billion. The Walt Disney had a positive return on equity of 4.05% and a negative net margin of 4.38%. The Walt Disney’s quarterly revenue was down 23.1% compared to the same quarter last year. During the same period last year, the company earned $1.07 EPS. Sell-side analysts predict that The Walt Disney Company will post 2.05 earnings per share for the current fiscal year.

DIS has been the topic of several recent research reports. UBS Group raised their price objective on The Walt Disney from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft raised their price objective on The Walt Disney from $163.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, December 16th. Moffett Nathanson raised their price objective on The Walt Disney from $118.00 to $136.00 and gave the stock a “neutral” rating in a research note on Thursday, October 1st. ValuEngine raised The Walt Disney from a “hold” rating to a “buy” rating in a research note on Thursday, October 1st. Finally, Stephens started coverage on The Walt Disney in a research report on Friday, December 11th. They set a “buy” rating for the company. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-four have given a buy rating to the company’s stock. The Walt Disney presently has a consensus rating of “Buy” and a consensus price target of $159.60.

In other The Walt Disney news, EVP Brent Woodford sold 17,077 shares of the business’s stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $142.25, for a total transaction of $2,429,203.25. Following the sale, the executive vice president now owns 36,620 shares in the company, valued at approximately $5,209,195. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Zenia B. Mucha sold 797 shares of the business’s stock in a transaction dated Wednesday, December 23rd. The shares were sold at an average price of $172.96, for a total value of $137,849.12. Following the sale, the executive vice president now owns 20,634 shares in the company, valued at approximately $3,568,856.64. The disclosure for this sale can be found here. Over the last three months, insiders sold 128,903 shares of company stock valued at $20,128,600. Corporate insiders own 0.31% of the company’s stock.

About The Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates domestic cable networks under the Disney, ESPN, Freeform, FX, and National Geographic brands; and television broadcast network under the ABC brand, as well as eight domestic television stations.

Recommended Story: What is Cost of Debt?

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS).

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

Receive News & Ratings for The Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.