The Walt Disney Company (NYSE:DIS) EVP Brent Woodford sold 2,000 shares of the stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $130.95, for a total value of $261,900.00. Following the transaction, the executive vice president now directly owns 36,620 shares of the company’s stock, valued at $4,795,389. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of The Walt Disney stock opened at $126.81 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.34 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $229.15 billion, a price-to-earnings ratio of -204.53, a price-to-earnings-growth ratio of 6.23 and a beta of 1.09. The Walt Disney Company has a twelve month low of $79.07 and a twelve month high of $153.41. The company has a 50-day simple moving average of $128.38 and a two-hundred day simple moving average of $117.94.
The Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, August 4th. The entertainment giant reported $0.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.64) by $0.72. The company had revenue of $11.80 billion for the quarter, compared to analysts’ expectations of $12.48 billion. The Walt Disney had a negative net margin of 1.58% and a positive return on equity of 6.58%. The business’s revenue for the quarter was down 41.7% on a year-over-year basis. During the same period last year, the firm earned $1.35 earnings per share. On average, sell-side analysts anticipate that The Walt Disney Company will post 1.59 earnings per share for the current fiscal year.
A number of institutional investors have recently bought and sold shares of DIS. Checchi Capital Advisers LLC lifted its position in shares of The Walt Disney by 8.0% during the 2nd quarter. Checchi Capital Advisers LLC now owns 24,546 shares of the entertainment giant’s stock valued at $2,737,000 after acquiring an additional 1,823 shares during the period. Asset Dedication LLC increased its position in shares of The Walt Disney by 8.2% in the second quarter. Asset Dedication LLC now owns 22,418 shares of the entertainment giant’s stock worth $2,512,000 after purchasing an additional 1,694 shares during the period. Private Vista LLC raised its stake in The Walt Disney by 26.8% in the second quarter. Private Vista LLC now owns 4,870 shares of the entertainment giant’s stock valued at $545,000 after purchasing an additional 1,028 shares in the last quarter. Wesbanco Bank Inc. lifted its position in The Walt Disney by 0.9% during the second quarter. Wesbanco Bank Inc. now owns 194,967 shares of the entertainment giant’s stock worth $21,741,000 after purchasing an additional 1,679 shares during the period. Finally, Indiana Trust & Investment Management CO lifted its position in The Walt Disney by 1.1% during the second quarter. Indiana Trust & Investment Management CO now owns 11,212 shares of the entertainment giant’s stock worth $1,250,000 after purchasing an additional 125 shares during the period. Hedge funds and other institutional investors own 62.72% of the company’s stock.
Several research firms have recently commented on DIS. Imperial Capital reissued a “sell” rating and issued a $105.00 price objective on shares of The Walt Disney in a report on Monday, June 22nd. BMO Capital Markets increased their price target on shares of The Walt Disney from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Credit Suisse Group upgraded shares of The Walt Disney from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $116.00 to $146.00 in a research note on Wednesday, August 5th. Zacks Investment Research upgraded shares of The Walt Disney from a “sell” rating to a “hold” rating and set a $137.00 target price for the company in a research note on Monday, August 17th. Finally, Tigress Financial reiterated a “buy” rating on shares of The Walt Disney in a report on Sunday, August 23rd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and nineteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $134.70.
The 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 domestic cable networks under the Disney, ESPN, Freeform, FX, and National Geographic brands; and television broadcast network under the ABC brand, as well as eight owned domestic television stations.
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