2,828 Shares in The Walt Disney Company (NYSE:DIS) Bought by Quadrature Capital Ltd

Quadrature Capital Ltd bought a new position in shares of The Walt Disney Company (NYSE:DIS – Get Rating) during the third quarter, Holdings Channel.com reports. The fund bought 2,828 shares of the entertainment giant’s stock, valued at approximately $267,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Worth Asset Management LLC bought a new stake in Walt Disney in the 1st quarter valued at $29,000. TD Capital Management LLC bought a new stake in Walt Disney in the 3rd quarter valued at $29,000. Coston McIsaac & Partners bought a new stake in Walt Disney in the 2nd quarter valued at $38,000. IAG Wealth Partners LLC increased its holdings in Walt Disney by 167.5% in the 3rd quarter. IAG Wealth Partners LLC now owns 412 shares of the entertainment giant’s stock valued at $39,000 after buying an additional 258 shares during the period. Finally, Bell Investment Advisors Inc increased its holdings in Walt Disney by 86.5% in the 3rd quarter. Bell Investment Advisors Inc now owns 567 shares of the entertainment giant’s stock valued at $54,000 after buying an additional 263 shares during the period. Institutional investors own 62.22% of the company’s stock.

Insider Transactions at Walt Disney

In other 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 transaction of $4,187,799.18. Following the completion of the transaction, the chief financial officer now directly owns 181,830 shares of the company’s stock, valued at approximately $17,902,981.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO Christine M. Mccarthy sold 42,533 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief financial officer now directly owns 181,830 shares of the company’s stock, valued at $17,902,981.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Brent Woodford sold 1,139 shares of the firm’s stock in a transaction on Tuesday, January 24th. The shares were sold at an average price of $105.71, for a total transaction of $120,403.69. Following the completion of the transaction, the executive vice president now directly owns 32,047 shares of the company’s stock, valued at $3,387,688.37. The disclosure for this sale can be found here. Insiders sold 62,921 shares of company stock valued at $6,209,132 in the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

DIS has been the topic of several analyst reports. Loop Capital boosted their price target on shares of Walt Disney from $120.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, February 9th. Huber Research started coverage on shares of Walt Disney in a report on Tuesday, January 17th. They issued an “overweight” rating on the stock. Citigroup lowered their target price on shares of Walt Disney from $145.00 to $130.00 and set a “buy” rating on the stock in a report on Monday, February 13th. Credit Suisse Group upped their target price on shares of Walt Disney from $126.00 to $133.00 and gave the stock an “outperform” rating in a report on Thursday, February 9th. Finally, Morgan Stanley lowered their target price on shares of Walt Disney from $125.00 to $115.00 and set an “overweight” rating on the stock in a report on Monday, December 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and twenty have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $128.92.

Walt Disney Price Performance

NYSE DIS opened at $92.60 on Tuesday. The business has a 50 day simple moving average of $102.41 and a 200 day simple moving average of $100.18. The Walt Disney Company has a 52-week low of $84.07 and a 52-week high of $144.46. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.93 and a current ratio of 0.99. The stock has a market cap of $169.16 billion, a price-to-earnings ratio of 50.88, a PEG ratio of 2.30 and a beta of 1.30.

Walt Disney (NYSE:DIS – Get Rating) last posted its earnings results on Wednesday, February 8th. The entertainment giant reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.30. Walt Disney had a return on equity of 6.72% and a net margin of 3.93%. The business had revenue of $23.51 billion during the quarter, compared to analysts’ expectations of $23.29 billion. During the same period in the prior year, the business earned $1.06 EPS. Walt Disney’s revenue for the quarter was up 7.8% compared to the same quarter last year. Analysts anticipate that The Walt Disney Company will post 3.98 earnings per share for the current fiscal year.

About Walt Disney

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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.