Walt Disney Co (NYSE:DIS) Shares Acquired by Chase Investment Counsel Corp

Chase Investment Counsel Corp grew its holdings in Walt Disney Co (NYSE:DIS) by 167.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,069 shares of the entertainment giant’s stock after acquiring an additional 3,175 shares during the period. Chase Investment Counsel Corp’s holdings in Walt Disney were worth $489,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of DIS. Biltmore Family Office LLC lifted its position in shares of Walt Disney by 1.2% during the 1st quarter. Biltmore Family Office LLC now owns 19,749 shares of the entertainment giant’s stock worth $1,908,000 after purchasing an additional 232 shares during the last quarter. CORDA Investment Management LLC. lifted its position in shares of Walt Disney by 21.8% during the 1st quarter. CORDA Investment Management LLC. now owns 198,386 shares of the entertainment giant’s stock worth $19,164,000 after purchasing an additional 35,450 shares during the last quarter. AGF Investments Inc. lifted its position in shares of Walt Disney by 44.2% during the 1st quarter. AGF Investments Inc. now owns 280,320 shares of the entertainment giant’s stock worth $27,080,000 after purchasing an additional 85,962 shares during the last quarter. Heathbridge Capital Management Ltd. lifted its position in shares of Walt Disney by 7.7% during the 1st quarter. Heathbridge Capital Management Ltd. now owns 217,600 shares of the entertainment giant’s stock worth $21,020,000 after purchasing an additional 15,600 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its position in shares of Walt Disney by 3.0% during the 1st quarter. Apollon Wealth Management LLC now owns 5,685 shares of the entertainment giant’s stock worth $549,000 after purchasing an additional 168 shares during the last quarter. Institutional investors and hedge funds own 63.10% of the company’s stock.

NYSE DIS opened at $118.02 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.89 and a current ratio of 0.94. The firm has a market cap of $212.83 billion, a PE ratio of 39.87, a P/E/G ratio of 11.04 and a beta of 1.08. Walt Disney Co has a one year low of $79.07 and a one year high of $153.41. The firm’s fifty day moving average is $104.80 and its two-hundred day moving average is $127.09.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). The business had revenue of $18.01 billion during the quarter, compared to analyst estimates of $17.49 billion. Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The company’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.61 earnings per share. Research analysts predict that Walt Disney Co will post 2.09 earnings per share for the current year.

Several equities research analysts have recently issued reports on DIS shares. SunTrust Banks lifted their price objective on shares of Walt Disney from $110.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, April 14th. Royal Bank of Canada decreased their price objective on shares of Walt Disney from $110.00 to $108.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Cfra decreased their price objective on shares of Walt Disney from $160.00 to $120.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. TheStreet cut shares of Walt Disney from a “b-” rating to a “c+” rating in a research report on Thursday, March 12th. Finally, Wells Fargo & Co cut shares of Walt Disney from an “overweight” rating to an “equal weight” rating in a research report on Sunday, April 19th. Fourteen investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $126.58.

Walt Disney 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.

See Also: Return on Equity (ROE)

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

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