The Walt Disney Company (NYSE:DIS - Get Free Report) EVP Brent Woodford sold 1,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction 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 document filed with the SEC, which is available at this hyperlink.
Walt Disney Stock Performance
NYSE DIS traded up $0.91 on Tuesday, hitting $111.40. 14,061,568 shares of the stock were exchanged, compared to its average volume of 10,056,752. The company has a market capitalization of $201.39 billion, a PE ratio of 36.29, a P/E/G ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The business's fifty day moving average is $93.89 and its 200 day moving average is $104.32. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63.
Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The business had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same period last year, the business posted $1.21 EPS. Walt Disney's revenue was up 7.0% on a year-over-year basis. Research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in DIS. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney in the 4th quarter valued at about $27,000. FPC Investment Advisory Inc. bought a new position in shares of Walt Disney during the fourth quarter worth approximately $28,000. Tacita Capital Inc lifted its holdings in Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after purchasing an additional 124 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new position in Walt Disney during the 1st quarter worth $26,000. Finally, Kessler Investment Group LLC lifted its holdings in shares of Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after buying an additional 200 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts have commented on DIS shares. The Goldman Sachs Group upped their target price on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. Guggenheim decreased their target price on Walt Disney from $130.00 to $120.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research note on Thursday, May 8th. Barclays boosted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, Loop Capital boosted their target price on Walt Disney from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $123.54.
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About Walt Disney
(
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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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