CRA Financial Services LLC decreased its stake in shares of The Walt Disney Company (NYSE:DIS) by 7.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 12,687 shares of the entertainment giant’s stock after selling 997 shares during the quarter. The Walt Disney accounts for about 0.8% of CRA Financial Services LLC’s investment portfolio, making the stock its 29th biggest position. CRA Financial Services LLC’s holdings in The Walt Disney were worth $1,574,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Winning Points Advisors LLC raised its stake in The Walt Disney by 2.1% during the second quarter. Winning Points Advisors LLC now owns 4,052 shares of the entertainment giant’s stock worth $452,000 after acquiring an additional 85 shares in the last quarter. RB Capital Management LLC grew its holdings in shares of The Walt Disney by 0.3% in the 2nd quarter. RB Capital Management LLC now owns 27,243 shares of the entertainment giant’s stock worth $3,038,000 after purchasing an additional 86 shares during the last quarter. Horan Capital Advisors LLC. grew its holdings in shares of The Walt Disney by 0.6% in the 2nd quarter. Horan Capital Advisors LLC. now owns 17,282 shares of the entertainment giant’s stock worth $1,927,000 after purchasing an additional 95 shares during the last quarter. Ellis Investment Partners LLC increased its position in shares of The Walt Disney by 1.9% during the 2nd quarter. Ellis Investment Partners LLC now owns 5,290 shares of the entertainment giant’s stock worth $597,000 after purchasing an additional 100 shares in the last quarter. Finally, Botty Investors LLC lifted its holdings in The Walt Disney by 2.2% during the 2nd quarter. Botty Investors LLC now owns 4,675 shares of the entertainment giant’s stock valued at $521,000 after purchasing an additional 100 shares during the last quarter. 62.72% of the stock is owned by institutional investors and hedge funds.
Shares of The Walt Disney stock opened at $126.81 on Friday. The business has a fifty day simple moving average of $128.38 and a 200 day simple moving average of $117.94. The stock has a market cap of $229.15 billion, a PE ratio of -204.53, a price-to-earnings-growth ratio of 6.23 and a beta of 1.09. 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 Walt Disney Company has a 12 month low of $79.07 and a 12 month high of $153.41.
The Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, August 4th. The entertainment giant reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.64) by $0.72. The company had revenue of $11.80 billion during the quarter, compared to analyst estimates of $12.48 billion. The Walt Disney had a positive return on equity of 6.58% and a negative net margin of 1.58%. The company’s revenue for the quarter was down 41.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.35 EPS. Analysts expect that The Walt Disney Company will post 1.59 EPS for the current fiscal year.
In other The Walt Disney news, EVP Brent Woodford sold 2,000 shares of the company’s 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 completion of the sale, the executive vice president now owns 36,620 shares of the company’s stock, valued at $4,795,389. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is currently owned by insiders.
A number of research analysts have recently issued reports on DIS shares. Credit Suisse Group upgraded shares of The Walt Disney from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $116.00 to $146.00 in a research note on Wednesday, August 5th. Morgan Stanley lifted their price objective on The Walt Disney from $125.00 to $135.00 and gave the company an “overweight” rating in a research report on Wednesday, June 24th. ValuEngine upgraded The Walt Disney from a “hold” rating to a “buy” rating in a report on Thursday, October 1st. Citigroup lifted their price target on The Walt Disney from $135.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Finally, Guggenheim raised shares of The Walt Disney from a “neutral” rating to a “buy” rating and set a $140.00 price objective on the stock in a report on Wednesday, August 5th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and nineteen have given a buy rating to the company. The Walt Disney has a consensus rating of “Buy” and a consensus price target 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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