The Walt Disney Company (NYSE:DIS) Shares Bought by BCS Wealth Management

BCS Wealth Management raised its stake in The Walt Disney Company (NYSE:DISGet Rating) by 11.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,887 shares of the entertainment giant’s stock after acquiring an additional 300 shares during the quarter. BCS Wealth Management’s holdings in Walt Disney were worth $251,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in DIS. Worth Asset Management LLC acquired a new position in Walt Disney in the first quarter valued at $29,000. TD Capital Management LLC acquired a new position in Walt Disney in the third quarter valued at $29,000. Coston McIsaac & Partners acquired a new position in Walt Disney in the second quarter valued at $38,000. IAG Wealth Partners LLC increased its stake in Walt Disney by 167.5% in the third quarter. IAG Wealth Partners LLC now owns 412 shares of the entertainment giant’s stock valued at $39,000 after purchasing an additional 258 shares during the last quarter. Finally, Bell Investment Advisors Inc increased its stake in Walt Disney by 86.5% in the third quarter. Bell Investment Advisors Inc now owns 567 shares of the entertainment giant’s stock valued at $54,000 after purchasing an additional 263 shares during the last quarter. 62.22% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

Shares of NYSE DIS opened at $93.20 on Friday. The Walt Disney Company has a fifty-two week low of $84.07 and a fifty-two week high of $144.46. The business has a 50 day moving average price of $102.55 and a two-hundred day moving average price of $99.80. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 0.45. The firm has a market cap of $170.26 billion, a PE ratio of 51.21, a price-to-earnings-growth ratio of 2.29 and a beta of 1.30.

Walt Disney (NYSE:DISGet Rating) last issued its quarterly earnings data on Wednesday, February 8th. The entertainment giant reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.30. Walt Disney had a return on equity of 6.72% and a net margin of 3.93%. The firm had revenue of $23.51 billion during the quarter, compared to analyst estimates of $23.29 billion. During the same quarter last year, the firm earned $1.06 EPS. Walt Disney’s quarterly revenue was up 7.8% on a year-over-year basis. Sell-side analysts expect that The Walt Disney Company will post 3.98 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Macquarie upped their target price on Walt Disney from $110.00 to $122.00 and gave the company an “outperform” rating in a research note on Tuesday, January 31st. Loop Capital upped their price target on Walt Disney from $120.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, February 9th. Credit Suisse Group upped their price target on Walt Disney from $126.00 to $133.00 and gave the stock an “outperform” rating in a research note on Thursday, February 9th. The Goldman Sachs Group upped their price target on Walt Disney from $119.00 to $136.00 and gave the stock a “buy” rating in a research note on Thursday, February 9th. Finally, Citigroup dropped their price target on Walt Disney from $145.00 to $130.00 and set a “buy” rating for the company in a research note on Monday, February 13th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and twenty have assigned a buy rating to the company’s stock. According to MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $128.92.

Insider Transactions at Walt Disney

In other news, CFO Christine M. Mccarthy sold 42,533 shares of Walt Disney stock in a transaction that occurred 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 completion of the transaction, the chief financial officer now owns 181,830 shares in the company, valued at approximately $17,902,981.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Walt Disney news, EVP Brent Woodford sold 18,110 shares of Walt Disney stock in a transaction on Thursday, January 12th. The stock was sold at an average price of $98.46, for a total transaction of $1,783,110.60. Following the sale, the executive vice president now owns 33,186 shares of the company’s stock, valued at approximately $3,267,493.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Christine M. Mccarthy sold 42,533 shares of the business’s 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 completion of the sale, the chief financial officer now directly owns 181,830 shares in the company, valued at approximately $17,902,981.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 62,921 shares of company stock worth $6,209,132. 0.10% of the stock is currently owned by corporate insiders.

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

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

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