Vontobel Holding Ltd. Buys 40,379 Shares of The Walt Disney Company (NYSE:DIS)

Vontobel Holding Ltd. lifted its stake in shares of The Walt Disney Company (NYSE:DISGet Rating) by 12.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 370,605 shares of the entertainment giant’s stock after acquiring an additional 40,379 shares during the quarter. Vontobel Holding Ltd.’s holdings in Walt Disney were worth $34,959,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Markel Corp lifted its position in shares of Walt Disney by 2.3% during the 1st quarter. Markel Corp now owns 1,922,665 shares of the entertainment giant’s stock worth $263,713,000 after purchasing an additional 42,500 shares during the last quarter. Fairfield Bush & CO. lifted its position in shares of Walt Disney by 3.4% during the 1st quarter. Fairfield Bush & CO. now owns 9,624 shares of the entertainment giant’s stock worth $1,320,000 after purchasing an additional 320 shares during the last quarter. United Bank lifted its position in shares of Walt Disney by 8.7% during the 1st quarter. United Bank now owns 9,949 shares of the entertainment giant’s stock worth $1,365,000 after purchasing an additional 794 shares during the last quarter. AMI Investment Management Inc. lifted its position in shares of Walt Disney by 4.6% during the 1st quarter. AMI Investment Management Inc. now owns 24,918 shares of the entertainment giant’s stock worth $3,418,000 after purchasing an additional 1,094 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its position in shares of Walt Disney by 0.6% during the 1st quarter. Mackenzie Financial Corp now owns 828,308 shares of the entertainment giant’s stock worth $113,611,000 after purchasing an additional 4,722 shares during the last quarter. Institutional investors own 62.22% of the company’s stock.

Walt Disney Price Performance

NYSE DIS traded up $0.58 during trading hours on Tuesday, reaching $106.27. 3,315,195 shares of the company’s stock were exchanged, compared to its average volume of 11,824,206. The stock has a market cap of $193.79 billion, a PE ratio of 61.45, a price-to-earnings-growth ratio of 2.16 and a beta of 1.22. The Walt Disney Company has a one year low of $84.07 and a one year high of $157.50. The firm has a fifty day moving average of $93.86 and a 200-day moving average of $100.93. The company has a current ratio of 1.00, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46.

Walt Disney (NYSE:DISGet Rating) last announced its quarterly earnings data on Tuesday, November 8th. The entertainment giant reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.20). The firm had revenue of $20.15 billion during the quarter, compared to the consensus estimate of $21.10 billion. Walt Disney had a net margin of 3.80% and a return on equity of 6.96%. On average, equities research analysts predict that The Walt Disney Company will post 3.97 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DIS. Cowen cut their price objective on Walt Disney from $124.00 to $94.00 in a research report on Wednesday, November 9th. JPMorgan Chase & Co. cut their price target on Walt Disney from $145.00 to $135.00 and set an “overweight” rating for the company in a report on Wednesday, November 9th. Tigress Financial cut their price target on Walt Disney from $229.00 to $177.00 in a report on Tuesday, November 22nd. Credit Suisse Group cut their price target on Walt Disney from $157.00 to $126.00 and set an “outperform” rating for the company in a report on Wednesday, November 9th. Finally, StockNews.com cut Walt Disney from a “hold” rating to a “sell” rating in a report on Thursday, November 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $128.74.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, CFO Christine M. Mccarthy sold 42,533 shares of the stock in a transaction on Thursday, January 12th. The stock was sold at an average price of $98.46, for a total value of $4,187,799.18. Following the transaction, the chief financial officer now directly owns 181,830 shares in the company, valued at approximately $17,902,981.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Walt Disney news, CFO Christine M. Mccarthy sold 42,533 shares of the stock in a transaction on Thursday, January 12th. The stock was sold at an average price of $98.46, for a total value of $4,187,799.18. Following the transaction, the chief financial officer now directly owns 181,830 shares in the company, valued at approximately $17,902,981.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Brent Woodford sold 18,110 shares of the stock in a transaction on Thursday, January 12th. The shares were sold at an average price of $98.46, for a total value of $1,783,110.60. Following the completion of the transaction, the executive vice president now directly owns 33,186 shares in the company, valued at approximately $3,267,493.56. The disclosure for this sale can be found here. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Profile

(Get Rating)

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.

See Also

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

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