Hall Capital Management Co. Inc. bought a new position in The Walt Disney Company (NYSE:DIS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,681 shares of the entertainment giant's stock, valued at approximately $410,000.
Several other large investors have also recently bought and sold shares of DIS. Ameriflex Group Inc. bought a new stake in Walt Disney during the 4th quarter worth approximately $233,000. Challenger Wealth Management bought a new position in Walt Disney in the 4th quarter valued at about $262,000. Ascent Group LLC increased its position in Walt Disney by 7.2% during the fourth quarter. Ascent Group LLC now owns 30,766 shares of the entertainment giant's stock worth $3,426,000 after acquiring an additional 2,055 shares during the period. Putney Financial Group LLC bought a new stake in shares of Walt Disney during the 4th quarter valued at $427,000. Finally, Aurdan Capital Management LLC bought a new stake in shares of Walt Disney during the 4th quarter worth approximately $4,217,000. Institutional investors and hedge funds own 65.71% of the company's stock.
Walt Disney Stock Performance
NYSE:DIS traded up $0.07 during trading hours on Thursday, reaching $111.59. The stock had a trading volume of 2,597,746 shares, compared to its average volume of 10,006,453. The stock has a market cap of $200.62 billion, a P/E ratio of 36.32, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The stock has a 50 day simple moving average of $96.59 and a 200 day simple moving average of $105.50. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63.
Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.24. The firm had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The business's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.21 earnings per share. On average, research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.
Insider Activity
In other news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president now owns 46,831 shares in the company, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.16% of the company's stock.
Analysts Set New Price Targets
Several research firms recently weighed in on DIS. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective on the stock in a report on Monday, April 21st. Barclays increased their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Prescient Securities reduced their target price on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. UBS Group upped their price target on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a report on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and a consensus price target of $123.54.
Read Our Latest Analysis on Walt Disney
Walt Disney Company Profile
(
Free Report)
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
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