Nvwm LLC decreased its position in Walt Disney Co (NYSE:DIS) by 5.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 15,352 shares of the entertainment giant’s stock after selling 821 shares during the period. Walt Disney makes up 1.0% of Nvwm LLC’s investment portfolio, making the stock its 26th largest position. Nvwm LLC’s holdings in Walt Disney were worth $1,483,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of DIS. Candriam Luxembourg S.C.A. boosted its position in Walt Disney by 31.4% during the 4th quarter. Candriam Luxembourg S.C.A. now owns 631,644 shares of the entertainment giant’s stock valued at $91,365,000 after purchasing an additional 151,060 shares during the period. CHURCHILL MANAGEMENT Corp boosted its position in Walt Disney by 4.2% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 99,661 shares of the entertainment giant’s stock valued at $14,414,000 after purchasing an additional 4,043 shares during the period. Pegasus Asset Management Inc. boosted its position in Walt Disney by 7.3% during the 4th quarter. Pegasus Asset Management Inc. now owns 21,010 shares of the entertainment giant’s stock valued at $3,039,000 after purchasing an additional 1,423 shares during the period. Allen Capital Group LLC boosted its position in Walt Disney by 4.6% during the 4th quarter. Allen Capital Group LLC now owns 5,851 shares of the entertainment giant’s stock valued at $846,000 after purchasing an additional 259 shares during the period. Finally, Lucia Wealth Services LLC boosted its position in Walt Disney by 4.4% during the 4th quarter. Lucia Wealth Services LLC now owns 8,728 shares of the entertainment giant’s stock valued at $1,262,000 after purchasing an additional 371 shares during the period. Institutional investors own 63.10% of the company’s stock.
Shares of DIS opened at $118.02 on Friday. Walt Disney Co has a one year low of $79.07 and a one year high of $153.41. The company has a market cap of $212.83 billion, a P/E ratio of 39.87, a P/E/G ratio of 11.04 and a beta of 1.08. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.89. The firm has a 50 day simple moving average of $104.80 and a two-hundred day simple moving average of $127.09.
Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). The company had revenue of $18.01 billion for the quarter, compared to the consensus estimate of $17.49 billion. Walt Disney had a return on equity of 9.09% and a net margin of 6.88%. The business’s quarterly revenue was up 20.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.61 EPS. On average, analysts expect that Walt Disney Co will post 2.09 earnings per share for the current fiscal year.
A number of research analysts recently issued reports on DIS shares. Zacks Investment Research lowered Walt Disney from a “buy” rating to a “hold” rating and set a $122.00 price objective for the company. in a research report on Wednesday, March 4th. TheStreet downgraded Walt Disney from a “b-” rating to a “c+” rating in a research note on Thursday, March 12th. Credit Suisse Group downgraded Walt Disney from an “outperform” rating to a “neutral” rating and set a $116.00 price target on the stock. in a research note on Monday, April 20th. Bank of America restated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a report on Wednesday, February 26th. Finally, UBS Group set a $114.00 price objective on Walt Disney and gave the company a “neutral” rating in a report on Wednesday, May 6th. Fourteen analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $126.58.
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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