Alpha Windward LLC cut its position in Walt Disney Co (NYSE:DIS) by 62.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,926 shares of the entertainment giant’s stock after selling 4,903 shares during the period. Alpha Windward LLC’s holdings in Walt Disney were worth $342,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of DIS. HC Financial Advisors Inc. acquired a new position in Walt Disney during the 4th quarter valued at approximately $2,797,000. Gruss & Co. Inc. grew its stake in shares of Walt Disney by 25.0% in the first quarter. Gruss & Co. Inc. now owns 15,000 shares of the entertainment giant’s stock worth $1,507,000 after purchasing an additional 3,000 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Walt Disney by 3.9% in the first quarter. Principal Financial Group Inc. now owns 2,847,069 shares of the entertainment giant’s stock worth $285,960,000 after purchasing an additional 107,913 shares during the last quarter. Kovack Advisors Inc. grew its stake in shares of Walt Disney by 13.5% in the first quarter. Kovack Advisors Inc. now owns 14,543 shares of the entertainment giant’s stock worth $1,461,000 after purchasing an additional 1,730 shares during the last quarter. Finally, Aristotle Capital Management LLC bought a new stake in shares of Walt Disney in the first quarter worth $171,000. 62.64% of the stock is owned by institutional investors and hedge funds.

Shares of DIS opened at $113.03 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 0.32. The firm has a market cap of $171.66 billion, a price-to-earnings ratio of 15.96, a PEG ratio of 1.73 and a beta of 1.17. Walt Disney Co has a 12 month low of $97.68 and a 12 month high of $120.20.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 8th. The entertainment giant reported $1.48 EPS for the quarter, beating the Zacks’ consensus estimate of $1.31 by $0.17. The business had revenue of $14.30 billion for the quarter, compared to analysts’ expectations of $13.76 billion. Walt Disney had a net margin of 21.20% and a return on equity of 21.43%. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.07 earnings per share. As a group, sell-side analysts predict that Walt Disney Co will post 7.08 EPS for the current year.

Several analysts recently weighed in on DIS shares. Zacks Investment Research cut shares of Walt Disney from a “hold” rating to a “sell” rating in a research note on Tuesday, July 31st. B. Riley reduced their price objective on shares of Walt Disney from $123.00 to $121.00 and set a “buy” rating on the stock in a research note on Wednesday, August 8th. Bank of America set a $144.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a research note on Wednesday, August 8th. BMO Capital Markets boosted their price objective on shares of Walt Disney from $100.00 to $110.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 8th. Finally, Imperial Capital boosted their price objective on shares of Walt Disney from $108.00 to $112.00 and gave the stock an “inline” rating in a research note on Wednesday, August 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the stock. Walt Disney currently has a consensus rating of “Buy” and a consensus target price of $121.54.

In other Walt Disney news, EVP Brent Woodford sold 961 shares of the company’s stock in a transaction on Monday, October 1st. The shares were sold at an average price of $117.06, for a total transaction of $112,494.66. Following the sale, the executive vice president now owns 25,737 shares of the company’s stock, valued at $3,012,773.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Robert A. Iger sold 47,733 shares of the company’s stock in a transaction on Friday, November 9th. The shares were sold at an average price of $120.00, for a total transaction of $5,727,960.00. The disclosure for this sale can be found here. Insiders have sold 78,838 shares of company stock worth $9,391,319 in the last ninety days. Insiders own 0.38% of the company’s stock.

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Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

See Also: Price to Earnings Ratio (PE) Basics

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

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