Walt Disney Co (DIS) Shares Bought by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC lifted its stake in Walt Disney Co (NYSE:DIS) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,120 shares of the entertainment giant’s stock after acquiring an additional 223 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Walt Disney were worth $671,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Walt Disney by 0.5% during the third quarter. Vanguard Group Inc. now owns 103,729,219 shares of the entertainment giant’s stock valued at $12,130,095,000 after buying an additional 553,232 shares during the period. Vanguard Group Inc grew its position in Walt Disney by 0.5% during the third quarter. Vanguard Group Inc now owns 103,729,219 shares of the entertainment giant’s stock valued at $12,130,095,000 after buying an additional 553,232 shares during the period. FMR LLC grew its position in Walt Disney by 1.5% during the third quarter. FMR LLC now owns 26,397,731 shares of the entertainment giant’s stock valued at $3,086,951,000 after buying an additional 382,573 shares during the period. Clearbridge Investments LLC grew its position in Walt Disney by 2.1% during the third quarter. Clearbridge Investments LLC now owns 9,031,930 shares of the entertainment giant’s stock valued at $1,056,194,000 after buying an additional 189,866 shares during the period. Finally, Legal & General Group Plc grew its position in Walt Disney by 1.4% during the third quarter. Legal & General Group Plc now owns 7,001,304 shares of the entertainment giant’s stock valued at $818,701,000 after buying an additional 98,550 shares during the period. Hedge funds and other institutional investors own 64.63% of the company’s stock.

Several brokerages recently issued reports on DIS. Citigroup boosted their target price on shares of Walt Disney from $126.00 to $132.00 and gave the company a “buy” rating in a research report on Tuesday, April 9th. BMO Capital Markets upgraded shares of Walt Disney from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $114.00 to $140.00 in a research report on Wednesday, April 10th. BTIG Research upgraded shares of Walt Disney from a “sell” rating to a “neutral” rating in a research report on Monday. Rosenblatt Securities began coverage on shares of Walt Disney in a research report on Tuesday, April 2nd. They set a “buy” rating and a $150.00 target price for the company. Finally, Credit Suisse Group restated a “neutral” rating and set a $114.00 target price on shares of Walt Disney in a research report on Friday, April 12th. One analyst has rated the stock with a sell rating, four have given a hold rating and nineteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $130.20.

In other Walt Disney news, EVP Zenia B. Mucha sold 33,000 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $128.88, for a total value of $4,253,040.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, February 21st. The stock was sold at an average price of $114.35, for a total transaction of $228,700.00. Following the completion of the transaction, the executive vice president now owns 26,517 shares of the company’s stock, valued at $3,032,218.95. The disclosure for this sale can be found here. Over the last quarter, insiders sold 37,000 shares of company stock valued at $4,708,940. Company insiders own 0.36% of the company’s stock.

DIS opened at $129.90 on Wednesday. The company has a market capitalization of $193.89 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 3.59 and a beta of 0.91. Walt Disney Co has a 1-year low of $97.68 and a 1-year high of $132.70. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 0.92.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.27. The business had revenue of $15.30 billion during the quarter, compared to analyst estimates of $15.20 billion. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The company’s revenue was down .3% on a year-over-year basis. During the same period in the prior year, the business posted $1.89 earnings per share. Equities research analysts anticipate that Walt Disney Co will post 6.88 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This piece of content was posted by Modern Readers and is owned by of Modern Readers. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of United States and international trademark and copyright laws. The legal version of this piece of content can be accessed at https://www.modernreaders.com/news/2019/04/17/walt-disney-co-dis-shares-bought-by-capital-investment-advisory-services-llc.html.

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 businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

Featured Story: Return on Equity (ROE)

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

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.