Lincluden Management Ltd. Sells 231 Shares of The Walt Disney Company (NYSE:DIS)

Lincluden Management Ltd. decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 1.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,004 shares of the entertainment giant’s stock after selling 231 shares during the period. Lincluden Management Ltd.’s holdings in The Walt Disney were worth $2,637,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of DIS. FORA Capital LLC bought a new position in The Walt Disney during the first quarter valued at $28,000. Johnson Midwest Financial LLC lifted its holdings in The Walt Disney by 142.9% during the 2nd quarter. Johnson Midwest Financial LLC now owns 170 shares of the entertainment giant’s stock valued at $30,000 after buying an additional 100 shares in the last quarter. FFT Wealth Management LLC purchased a new stake in The Walt Disney in the 2nd quarter valued at about $37,000. Financial Insights Inc. purchased a new stake in The Walt Disney in the 2nd quarter valued at about $37,000. Finally, Paragon Wealth Strategies LLC bought a new position in The Walt Disney in the 2nd quarter worth about $39,000. Institutional investors and hedge funds own 64.10% of the company’s stock.

In other The Walt Disney news, EVP Brent Woodford sold 8,000 shares of the company’s stock in a transaction on Friday, August 13th. The shares were sold at an average price of $186.57, for a total value of $1,492,560.00. Following the sale, the executive vice president now directly owns 42,620 shares of the company’s stock, valued at $7,951,613.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Robert A. Chapek sold 10,587 shares of The Walt Disney stock in a transaction dated Tuesday, August 31st. The shares were sold at an average price of $182.00, for a total value of $1,926,834.00. The disclosure for this sale can be found here. Insiders own 0.25% of the company’s stock.

A number of analysts recently issued reports on the company. BMO Capital Markets boosted their price target on The Walt Disney from $190.00 to $195.00 and gave the company a “market perform” rating in a report on Friday, August 13th. UBS Group upped their target price on The Walt Disney from $215.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, August 13th. Wolfe Research restated an “outperform” rating and set a $226.00 price target on shares of The Walt Disney in a research note on Thursday, June 10th. Barclays lifted their price objective on The Walt Disney from $200.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, August 13th. Finally, Daiwa Capital Markets began coverage on shares of The Walt Disney in a report on Tuesday, September 21st. They set a “buy” rating and a $225.00 target price on the stock. Four analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $209.19.

NYSE DIS traded up $2.36 during trading on Monday, hitting $178.36. The company’s stock had a trading volume of 215,257 shares, compared to its average volume of 9,589,927. The Walt Disney Company has a fifty-two week low of $117.23 and a fifty-two week high of $203.02. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.24 and a quick ratio of 1.19. The company has a market cap of $324.10 billion, a PE ratio of 288.52, a P/E/G ratio of 3.50 and a beta of 1.19. The business’s 50 day simple moving average is $178.57 and its 200-day simple moving average is $180.47.

The Walt Disney (NYSE:DIS) last released its earnings results on Thursday, August 12th. The entertainment giant reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.23. The company had revenue of $17.02 billion during the quarter, compared to analysts’ expectations of $16.82 billion. The Walt Disney had a net margin of 1.77% and a return on equity of 3.78%. During the same period last year, the business earned $0.08 EPS. Analysts expect that The Walt Disney Company will post 2.45 EPS for the current fiscal year.

The Walt Disney Company Profile

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International (DTCI). The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.

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

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