Hilltop Holdings Inc. increased its holdings in shares of Walt Disney Co (NYSE:DIS) by 6.6% during the 4th quarter, HoldingsChannel reports. The firm owned 4,533 shares of the entertainment giant’s stock after purchasing an additional 281 shares during the period. Hilltop Holdings Inc.’s holdings in Walt Disney were worth $496,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Litman Gregory Asset Management LLC bought a new stake in Walt Disney in the 4th quarter valued at approximately $25,000. Crewe Advisors LLC lifted its stake in Walt Disney by 55.6% in the 4th quarter. Crewe Advisors LLC now owns 280 shares of the entertainment giant’s stock valued at $31,000 after acquiring an additional 100 shares in the last quarter. Portfolio Solutions LLC bought a new stake in Walt Disney in the 4th quarter valued at approximately $43,000. Contravisory Investment Management Inc. increased its position in shares of Walt Disney by 176.4% during the 4th quarter. Contravisory Investment Management Inc. now owns 409 shares of the entertainment giant’s stock worth $45,000 after purchasing an additional 261 shares during the last quarter. Finally, Riverview Trust Co acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $48,000. Institutional investors and hedge funds own 64.23% of the company’s stock.
Several research analysts have weighed in on DIS shares. Edward Jones raised Walt Disney from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th. Citigroup started coverage on Walt Disney in a research report on Tuesday, April 2nd. They set a “buy” rating and a $150.00 price target on the stock. Rosenblatt Securities started coverage on Walt Disney in a research report on Tuesday, April 2nd. They set a “buy” rating and a $150.00 price target on the stock. Zacks Investment Research lowered Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, April 2nd. Finally, Goldman Sachs Group started coverage on Walt Disney in a research report on Thursday, April 4th. They set a “buy” rating and a $142.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $142.36.
DIS opened at $135.72 on Thursday. The firm has a market capitalization of $243.10 billion, a P/E ratio of 19.17, a PEG ratio of 3.61 and a beta of 0.97. Walt Disney Co has a 1 year low of $100.35 and a 1 year high of $142.37. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 0.36.
Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, May 8th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.02. The business had revenue of $14.92 billion during the quarter, compared to the consensus estimate of $14.53 billion. Walt Disney had a return on equity of 15.67% and a net margin of 22.55%. The firm’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.84 EPS. On average, research analysts expect that Walt Disney Co will post 6.67 EPS for the current fiscal year.
In other news, EVP Zenia B. Mucha sold 33,000 shares of the company’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $128.88, for a total transaction of $4,253,040.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Brent Woodford sold 4,000 shares of the company’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $135.24, for a total value of $540,960.00. The disclosure for this sale can be found here. Insiders sold a total of 39,200 shares of company stock valued at $5,098,106 over the last 90 days. 0.36% of the stock is currently owned by corporate insiders.
About Walt Disney
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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