The Walt Disney Company (NYSE:DIS) Shares Bought by Bellecapital International Ltd.

Bellecapital International Ltd. grew its position in The Walt Disney Company (NYSE:DISGet Rating) by 7.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,931 shares of the entertainment giant’s stock after buying an additional 350 shares during the quarter. Bellecapital International Ltd.’s holdings in Walt Disney were worth $465,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of DIS. Newport Trust Co acquired a new stake in shares of Walt Disney in the third quarter valued at $1,218,240,000. Price T Rowe Associates Inc. MD boosted its holdings in Walt Disney by 44.2% in the second quarter. Price T Rowe Associates Inc. MD now owns 24,984,524 shares of the entertainment giant’s stock valued at $2,358,539,000 after purchasing an additional 7,654,961 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Walt Disney by 659.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,252,131 shares of the entertainment giant’s stock valued at $308,902,000 after purchasing an additional 1,955,532 shares during the period. Primecap Management Co. CA boosted its holdings in Walt Disney by 55.9% in the second quarter. Primecap Management Co. CA now owns 5,420,417 shares of the entertainment giant’s stock valued at $511,687,000 after purchasing an additional 1,942,870 shares during the period. Finally, Coho Partners Ltd. boosted its holdings in Walt Disney by 48,716.5% in the second quarter. Coho Partners Ltd. now owns 1,321,462 shares of the entertainment giant’s stock valued at $124,746,000 after purchasing an additional 1,318,755 shares during the period. 62.22% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Walt Disney news, CFO Christine M. Mccarthy sold 42,533 shares of the firm’s stock in a transaction dated Thursday, January 12th. The shares were sold at an average price of $98.46, for a total value of $4,187,799.18. Following the transaction, the chief financial officer now owns 181,830 shares of the company’s stock, valued at $17,902,981.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Walt Disney news, CFO Christine M. Mccarthy sold 42,533 shares of the firm’s stock in a transaction that occurred on Thursday, January 12th. The shares were sold at an average price of $98.46, for a total value of $4,187,799.18. Following the sale, the chief financial officer now owns 181,830 shares in the company, valued at $17,902,981.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Brent Woodford sold 18,110 shares of the firm’s stock in a transaction that occurred on Thursday, January 12th. The shares were sold at an average price of $98.46, for a total transaction of $1,783,110.60. Following the completion of the sale, the executive vice president now owns 33,186 shares in the company, valued at approximately $3,267,493.56. The disclosure for this sale can be found here. 0.10% of the stock is currently owned by corporate insiders.

Walt Disney Stock Down 0.8 %

NYSE:DIS traded down $0.80 on Wednesday, reaching $105.20. The stock had a trading volume of 711,210 shares, compared to its average volume of 11,459,963. The company has a current ratio of 1.00, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average of $94.07 and a 200 day moving average of $101.01. The stock has a market cap of $191.84 billion, a P/E ratio of 61.63, a price-to-earnings-growth ratio of 2.21 and a beta of 1.22. The Walt Disney Company has a 12-month low of $84.07 and a 12-month high of $157.50.

Walt Disney (NYSE:DISGet Rating) last posted its quarterly earnings data on Tuesday, November 8th. The entertainment giant reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.20). Walt Disney had a net margin of 3.80% and a return on equity of 6.96%. The firm had revenue of $20.15 billion during the quarter, compared to analysts’ expectations of $21.10 billion. On average, research analysts predict that The Walt Disney Company will post 3.97 earnings per share for the current year.

Wall Street Analyst Weigh In

DIS has been the subject of a number of recent research reports. Macquarie decreased their target price on Walt Disney from $120.00 to $110.00 and set an “outperform” rating for the company in a report on Wednesday, January 4th. JPMorgan Chase & Co. decreased their target price on Walt Disney from $145.00 to $135.00 and set an “overweight” rating for the company in a report on Wednesday, November 9th. Moffett Nathanson raised Walt Disney from a “market perform” rating to an “outperform” rating and set a $120.00 price target for the company in a report on Monday, November 21st. Huber Research started coverage on Walt Disney in a report on Tuesday, January 17th. They set an “overweight” rating for the company. Finally, Royal Bank of Canada set a $130.00 target price on Walt Disney in a research report on Monday, November 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $128.74.

Walt Disney Profile

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The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.

Further Reading

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

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