The Walt Disney Company (NYSE:DIS) Shares Bought by Barrett Asset Management LLC

Barrett Asset Management LLC raised its holdings in The Walt Disney Company (NYSE:DISGet Rating) by 0.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 383,310 shares of the entertainment giant’s stock after buying an additional 2,582 shares during the period. Walt Disney comprises about 2.2% of Barrett Asset Management LLC’s holdings, making the stock its 13th largest position. Barrett Asset Management LLC’s holdings in Walt Disney were worth $52,574,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Clear Perspectives Financial Planning LLC grew its holdings in shares of Walt Disney by 126.3% during the first quarter. Clear Perspectives Financial Planning LLC now owns 181 shares of the entertainment giant’s stock worth $25,000 after purchasing an additional 101 shares during the last quarter. Roble Belko & Company Inc grew its holdings in shares of Walt Disney by 96.2% during the first quarter. Roble Belko & Company Inc now owns 206 shares of the entertainment giant’s stock worth $28,000 after purchasing an additional 101 shares during the last quarter. Worth Asset Management LLC purchased a new position in shares of Walt Disney during the first quarter worth about $29,000. Rational Advisors LLC grew its holdings in shares of Walt Disney by 74.1% during the first quarter. Rational Advisors LLC now owns 242 shares of the entertainment giant’s stock worth $33,000 after purchasing an additional 103 shares during the last quarter. Finally, MBM Wealth Consultants LLC grew its holdings in shares of Walt Disney by 94.7% during the fourth quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant’s stock worth $34,000 after purchasing an additional 107 shares during the last quarter. 61.37% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Price Performance

DIS stock opened at $115.18 on Friday. The firm has a 50 day moving average of $107.86 and a 200-day moving average of $115.39. The Walt Disney Company has a 12-month low of $90.23 and a 12-month high of $187.10. The company has a current ratio of 1.02, a quick ratio of 0.97 and a debt-to-equity ratio of 0.48. The company has a market cap of $209.98 billion, a price-to-earnings ratio of 66.97, a PEG ratio of 1.47 and a beta of 1.20.

Walt Disney (NYSE:DISGet Rating) last issued its quarterly earnings data on Wednesday, August 10th. The entertainment giant reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.10. Walt Disney had a return on equity of 7.20% and a net margin of 3.87%. The firm had revenue of $21.50 billion during the quarter, compared to the consensus estimate of $21.01 billion. During the same period in the previous year, the firm posted $0.80 EPS. The company’s quarterly revenue was up 26.5% compared to the same quarter last year. As a group, equities analysts expect that The Walt Disney Company will post 3.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on DIS. Citigroup dropped their price objective on Walt Disney from $165.00 to $145.00 and set a “buy” rating on the stock in a report on Thursday, July 7th. KGI Securities began coverage on Walt Disney in a report on Monday, May 23rd. They set an “outperform” rating and a $145.00 price target on the stock. Royal Bank of Canada set a $150.00 price target on Walt Disney in a report on Wednesday, August 10th. Wolfe Research lowered their price target on Walt Disney from $211.00 to $128.00 and set an “outperform” rating on the stock in a report on Thursday, June 2nd. Finally, Rosenblatt Securities raised their price target on Walt Disney from $124.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 11th. Five analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $151.48.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 3,000 shares of Walt Disney stock in a transaction that occurred on Friday, August 12th. The stock was sold at an average price of $119.03, for a total transaction of $357,090.00. Following the completion of the transaction, the executive vice president now directly owns 28,624 shares in the company, valued at approximately $3,407,114.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.10% of the company’s stock.

Walt Disney Profile

(Get Rating)

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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

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