The Walt Disney Company (NYSE:DIS) Shares Bought by M. Kraus & Co


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M. Kraus & Co increased its stake in The Walt Disney Company (NYSE:DIS) by 0.5% in the fourth quarter, Holdings Channel reports. The firm owned 26,930 shares of the entertainment giant’s stock after purchasing an additional 139 shares during the period. The Walt Disney comprises 2.0% of M. Kraus & Co’s holdings, making the stock its 23rd largest position. M. Kraus & Co’s holdings in The Walt Disney were worth $4,879,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in DIS. Virtu Financial LLC purchased a new position in The Walt Disney during the 3rd quarter worth approximately $1,812,000. Quadrant Private Wealth Management LLC raised its position in The Walt Disney by 7.2% during the 3rd quarter. Quadrant Private Wealth Management LLC now owns 27,043 shares of the entertainment giant’s stock worth $3,356,000 after buying an additional 1,812 shares during the last quarter. Aurora Private Wealth Inc. raised its position in The Walt Disney by 10.3% during the 3rd quarter. Aurora Private Wealth Inc. now owns 10,069 shares of the entertainment giant’s stock worth $1,249,000 after buying an additional 937 shares during the last quarter. Webster Bank N. A. raised its position in The Walt Disney by 21.2% during the 4th quarter. Webster Bank N. A. now owns 37,094 shares of the entertainment giant’s stock worth $6,721,000 after buying an additional 6,498 shares during the last quarter. Finally, KCM Investment Advisors LLC raised its position in The Walt Disney by 0.5% during the 3rd quarter. KCM Investment Advisors LLC now owns 163,394 shares of the entertainment giant’s stock worth $20,274,000 after buying an additional 870 shares during the last quarter. Institutional investors own 57.46% of the company’s stock.

A number of research firms have issued reports on DIS. Smith Barney Citigroup lifted their target price on shares of The Walt Disney from $150.00 to $175.00 in a report on Wednesday, December 2nd. The Goldman Sachs Group lifted their target price on shares of The Walt Disney from $142.00 to $156.00 and gave the company a “buy” rating in a report on Friday, November 13th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of The Walt Disney from $163.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, December 16th. Morgan Stanley lifted their target price on shares of The Walt Disney from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Monday, December 21st. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lifted their target price on shares of The Walt Disney from $150.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, December 2nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty-four have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $159.17.

In other news, EVP Zenia B. Mucha sold 797 shares of the business’s stock in a transaction dated Wednesday, December 23rd. The shares were sold at an average price of $172.96, for a total transaction of $137,849.12. Following the transaction, the executive vice president now owns 20,634 shares of the company’s stock, valued at approximately $3,568,856.64. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Robert A. Chapek sold 9,537 shares of the business’s stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $140.00, for a total transaction of $1,335,180.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 128,903 shares of company stock worth $20,128,600. Corporate insiders own 0.31% of the company’s stock.

Shares of DIS opened at $176.12 on Thursday. The Walt Disney Company has a 52-week low of $79.07 and a 52-week high of $183.40. The company has a quick ratio of 1.26, a current ratio of 1.32 and a debt-to-equity ratio of 0.60. The firm’s fifty day moving average is $168.29 and its two-hundred day moving average is $136.87. The stock has a market cap of $318.86 billion, a PE ratio of -110.77, a price-to-earnings-growth ratio of 4.37 and a beta of 1.16.

The Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Thursday, November 12th. The entertainment giant reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.48. The firm had revenue of $14.71 billion for the quarter, compared to analysts’ expectations of $14.10 billion. The Walt Disney had a negative net margin of 4.38% and a positive return on equity of 4.05%. The company’s revenue was down 23.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 EPS. As a group, research analysts anticipate that The Walt Disney Company will post 2.05 earnings per share for the current year.

About The Walt Disney

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 domestic television stations.

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Institutional Ownership by Quarter for The Walt Disney (NYSE:DIS)

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