Vestor Capital LLC Increases Stock Holdings in The Walt Disney Company (NYSE:DIS)

Vestor Capital LLC lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 26.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,635 shares of the entertainment giant’s stock after buying an additional 544 shares during the period. Vestor Capital LLC’s holdings in Walt Disney were worth $238,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Planned Solutions Inc. purchased a new position in shares of Walt Disney during the fourth quarter valued at approximately $26,000. Fortis Group Advisors LLC purchased a new position in shares of Walt Disney during the third quarter valued at approximately $30,000. Stone House Investment Management LLC boosted its position in shares of Walt Disney by 355.3% during the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after buying an additional 270 shares during the last quarter. Evolution Advisers Inc. boosted its position in shares of Walt Disney by 38.2% during the fourth quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock valued at $34,000 after buying an additional 105 shares during the last quarter. Finally, Orion Capital Management LLC purchased a new position in shares of Walt Disney during the third quarter valued at approximately $35,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on DIS. Tigress Financial reissued a “buy” rating and issued a $136.00 price objective on shares of Walt Disney in a research report on Wednesday, February 21st. Argus boosted their price objective on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Daiwa Capital Markets reissued a “buy” rating and issued a $133.00 price objective on shares of Walt Disney in a research report on Monday, April 1st. Barclays cut their price objective on Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, The Goldman Sachs Group cut their price objective on Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $126.46.

Insider Activity

In other news, Director James P. Gorman acquired 20,000 shares of Walt Disney stock in a transaction dated Wednesday, May 8th. The shares were purchased at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the transaction, the director now owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, EVP Sonia L. Coleman sold 1,857 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the sale, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $536,448. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James P. Gorman bought 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The shares were bought at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the acquisition, the director now directly owns 20,467 shares in the company, valued at $2,170,116.01. The disclosure for this purchase can be found here. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Price Performance

NYSE DIS traded up $0.36 during trading on Thursday, reaching $105.80. The company’s stock had a trading volume of 14,945,125 shares, compared to its average volume of 12,135,098. The stock has a market capitalization of $194.07 billion, a PE ratio of 115.00, a P/E/G ratio of 1.39 and a beta of 1.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77. The firm has a fifty day moving average of $114.48 and a 200 day moving average of $101.24. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. The business had revenue of $22.08 billion for the quarter, compared to analyst estimates of $22.12 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.93 EPS. Analysts expect that The Walt Disney Company will post 4.7 EPS for the current fiscal year.

About Walt Disney

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.