CWC Advisors LLC. Takes Position in The Walt Disney Company (NYSE:DIS)

CWC Advisors LLC. acquired a new position in shares of The Walt Disney Company (NYSE:DIS) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 14,142 shares of the entertainment giant’s stock, valued at approximately $1,360,000. Walt Disney makes up about 1.3% of CWC Advisors LLC.’s investment portfolio, making the stock its 19th largest holding.

Several other large investors have also bought and sold shares of DIS. Kathmere Capital Management LLC lifted its holdings in Walt Disney by 53.4% during the 1st quarter. Kathmere Capital Management LLC now owns 4,284 shares of the entertainment giant’s stock worth $524,000 after buying an additional 1,491 shares during the period. WoodTrust Financial Corp lifted its stake in shares of Walt Disney by 22.2% in the first quarter. WoodTrust Financial Corp now owns 78,835 shares of the entertainment giant’s stock worth $9,646,000 after acquiring an additional 14,337 shares during the period. Grimes & Company Inc. boosted its holdings in Walt Disney by 1,451.3% in the first quarter. Grimes & Company Inc. now owns 165,870 shares of the entertainment giant’s stock valued at $20,296,000 after acquiring an additional 155,178 shares during the last quarter. Investment Research & Advisory Group Inc. increased its position in Walt Disney by 56.0% during the 1st quarter. Investment Research & Advisory Group Inc. now owns 29,617 shares of the entertainment giant’s stock valued at $3,624,000 after purchasing an additional 10,629 shares during the period. Finally, Vicus Capital raised its holdings in Walt Disney by 27.0% during the 1st quarter. Vicus Capital now owns 7,501 shares of the entertainment giant’s stock worth $918,000 after purchasing an additional 1,595 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walt Disney

In other Walt Disney news, Director Calvin Mcdonald bought 11,756 shares of Walt Disney stock in a transaction dated Thursday, August 8th. The stock was purchased at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the purchase, the director now directly owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. This trade represents a 100.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

DIS has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Barclays lowered their price objective on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Raymond James restated a “market perform” rating on shares of Walt Disney in a research report on Tuesday, October 1st. Bank of America lowered their target price on Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, Evercore ISI cut their price target on Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Five analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $118.05.

Walt Disney Stock Down 0.4 %

Shares of NYSE:DIS opened at $95.03 on Friday. The Walt Disney Company has a 1 year low of $79.23 and a 1 year high of $123.74. The company has a market capitalization of $173.24 billion, a PE ratio of 103.29, a price-to-earnings-growth ratio of 1.49 and a beta of 1.40. The business has a fifty day moving average price of $92.61 and a two-hundred day moving average price of $98.26. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.19. The company had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.03 earnings per share. Analysts forecast that The Walt Disney Company will post 4.92 earnings per share for the current year.

Walt Disney Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.