The Walt Disney Company (NYSE:DIS) Shares Acquired by Northwest Investment Counselors LLC

Northwest Investment Counselors LLC lifted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,075 shares of the entertainment giant’s stock after buying an additional 775 shares during the period. Northwest Investment Counselors LLC’s holdings in Walt Disney were worth $2,797,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in DIS. Southland Equity Partners LLC acquired a new position in shares of Walt Disney during the 1st quarter valued at $294,000. Global Assets Advisory LLC acquired a new stake in shares of Walt Disney in the 1st quarter worth approximately $28,190,000. Austin Private Wealth LLC bought a new stake in shares of Walt Disney in the 1st quarter worth approximately $234,000. Crane Advisory LLC raised its holdings in shares of Walt Disney by 45.3% in the 1st quarter. Crane Advisory LLC now owns 3,432 shares of the entertainment giant’s stock worth $402,000 after purchasing an additional 1,070 shares in the last quarter. Finally, Capital Advisors Wealth Management LLC acquired a new stake in shares of Walt Disney during the first quarter valued at approximately $229,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on DIS. Loop Capital cut their price target on shares of Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, July 30th. Evercore ISI reduced their price target on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a report on Thursday, August 8th. Macquarie dropped their target price on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating for the company in a research report on Thursday, September 19th. The Goldman Sachs Group started coverage on shares of Walt Disney in a report on Tuesday, June 25th. They set a “buy” rating and a $125.00 price objective on the stock. Finally, Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. Five research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $118.05.

Insider Buying and Selling

In other Walt Disney news, Director Calvin Mcdonald bought 11,756 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The stock was acquired at an average price of $85.06 per share, with a total value of $999,965.36. Following the completion of the purchase, the director now directly owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. This trade represents a 100.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.10% of the stock is currently owned by insiders.

Walt Disney Trading Down 1.1 %

Walt Disney stock traded down $1.03 during trading hours on Monday, hitting $96.25. The stock had a trading volume of 3,892,762 shares, compared to its average volume of 10,947,131. The stock has a market cap of $175.47 billion, a price-to-earnings ratio of 105.74, a P/E/G ratio of 1.49 and a beta of 1.40. The business’s 50 day simple moving average is $91.72 and its 200-day simple moving average is $98.75. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a one year low of $79.23 and a one year high of $123.74.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.19. The company had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.03 earnings per share. On average, equities analysts predict that The Walt Disney Company will post 4.92 EPS for the current fiscal year.

Walt Disney Company Profile

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.