Rothschild Investment Corp IL trimmed its position in Walt Disney Co (NYSE:DIS) by 12.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 58,891 shares of the entertainment giant’s stock after selling 8,063 shares during the quarter. Rothschild Investment Corp IL’s holdings in Walt Disney were worth $7,675,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Centerpoint Advisors LLC raised its holdings in shares of Walt Disney by 276.5% in the 2nd quarter. Centerpoint Advisors LLC now owns 192 shares of the entertainment giant’s stock valued at $27,000 after purchasing an additional 141 shares during the period. SRS Capital Advisors Inc. bought a new position in Walt Disney in the 2nd quarter valued at about $39,000. Advocacy Wealth Management Services LLC raised its holdings in Walt Disney by 52.8% in the 3rd quarter. Advocacy Wealth Management Services LLC now owns 382 shares of the entertainment giant’s stock valued at $50,000 after acquiring an additional 132 shares during the period. MRA Associates USA LLC bought a new position in Walt Disney in the 2nd quarter valued at about $53,000. Finally, NewSquare Capital LLC raised its holdings in Walt Disney by 24.9% in the 2nd quarter. NewSquare Capital LLC now owns 386 shares of the entertainment giant’s stock valued at $54,000 after acquiring an additional 77 shares during the period. 68.40% of the stock is currently owned by institutional investors.
In other Walt Disney news, EVP Brent Woodford sold 2,200 shares of the stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $146.68, for a total transaction of $322,696.00. Following the transaction, the executive vice president now owns 34,679 shares in the company, valued at approximately $5,086,715.72. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.36% of the company’s stock.
Several research firms have weighed in on DIS. Credit Suisse Group reissued a “buy” rating and issued a $150.00 price target on shares of Walt Disney in a report on Thursday, August 8th. Needham & Company LLC reissued a “hold” rating on shares of Walt Disney in a report on Friday, September 27th. ValuEngine cut shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Moffett Nathanson set a $150.00 price target on shares of Walt Disney and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, Loop Capital increased their price target on shares of Walt Disney to $165.00 and gave the company a “buy” rating in a report on Friday, June 14th. Seven analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $151.31.
Shares of NYSE:DIS opened at $130.02 on Friday. The company’s 50 day moving average price is $133.88 and its two-hundred day moving average price is $134.35. Walt Disney Co has a 12-month low of $100.35 and a 12-month high of $147.15. The firm has a market cap of $232.97 billion, a PE ratio of 18.36, a PEG ratio of 4.26 and a beta of 0.96. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 0.38.
Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, August 6th. The entertainment giant reported $1.35 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.76 by ($0.41). Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The business had revenue of $20.25 billion for the quarter, compared to analyst estimates of $21.40 billion. During the same quarter in the previous year, the company earned $1.87 EPS. The business’s revenue for the quarter was up 32.9% on a year-over-year basis. On average, research analysts expect that Walt Disney Co will post 5.74 EPS for the current 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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