The Walt Disney Company (NYSE:DIS) EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $130.95, for a total transaction of $261,900.00. Following the transaction, the executive vice president now directly owns 36,620 shares of the company’s stock, valued at approximately $4,795,389. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of DIS opened at $126.81 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.29 and a current ratio of 1.34. The company has a market cap of $229.15 billion, a price-to-earnings ratio of -204.53, a PEG ratio of 6.23 and a beta of 1.09. The stock has a fifty day moving average price of $128.38 and a two-hundred day moving average price of $117.94. The Walt Disney Company has a 52-week low of $79.07 and a 52-week high of $153.41.
The Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, August 4th. The entertainment giant reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.64) by $0.72. The company had revenue of $11.80 billion during the quarter, compared to analyst estimates of $12.48 billion. The Walt Disney had a positive return on equity of 6.58% and a negative net margin of 1.58%. The firm’s quarterly revenue was down 41.7% compared to the same quarter last year. During the same period last year, the company posted $1.35 earnings per share. As a group, research analysts predict that The Walt Disney Company will post 1.59 EPS for the current fiscal year.
Several equities analysts recently issued reports on DIS shares. Royal Bank of Canada restated a “neutral” rating and set a $124.00 price target on shares of The Walt Disney in a research note on Tuesday. Loop Capital raised The Walt Disney from a “hold” rating to a “buy” rating and set a $150.00 price objective on the stock in a report on Tuesday. Moffett Nathanson upped their target price on The Walt Disney from $118.00 to $136.00 and gave the company a “neutral” rating in a research note on Thursday, October 1st. Tigress Financial reaffirmed a “buy” rating on shares of The Walt Disney in a research report on Sunday, August 23rd. Finally, Wells Fargo & Company boosted their price target on shares of The Walt Disney from $120.00 to $136.00 and gave the company an “equal weight” rating in a report on Friday, August 14th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and nineteen have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $134.70.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Demars Financial Group LLC acquired a new position in shares of The Walt Disney during the second quarter worth approximately $38,000. Selective Wealth Management Inc. raised its position in The Walt Disney by 50.6% in the 2nd quarter. Selective Wealth Management Inc. now owns 372 shares of the entertainment giant’s stock worth $42,000 after purchasing an additional 125 shares during the last quarter. Hanseatic Management Services Inc. lifted its holdings in The Walt Disney by 29.6% during the 2nd quarter. Hanseatic Management Services Inc. now owns 442 shares of the entertainment giant’s stock worth $49,000 after buying an additional 101 shares in the last quarter. Estate Counselors LLC acquired a new position in The Walt Disney during the 2nd quarter worth $52,000. Finally, Equitec Proprietary Markets LLC bought a new position in The Walt Disney in the 3rd quarter valued at $62,000. Hedge funds and other institutional investors own 62.72% of the company’s stock.
The Walt Disney Company Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates domestic cable networks under the Disney, ESPN, Freeform, FX, and National Geographic brands; and television broadcast network under the ABC brand, as well as eight owned domestic television stations.
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