Walt Disney Co (NYSE:DIS) Shares Sold by Eagle Global Advisors LLC

Eagle Global Advisors LLC cut its holdings in shares of Walt Disney Co (NYSE:DIS) by 1.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,531 shares of the entertainment giant’s stock after selling 1,050 shares during the quarter. Eagle Global Advisors LLC’s holdings in Walt Disney were worth $5,979,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of DIS. Vanguard Group Inc. grew its position in shares of Walt Disney by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 103,729,219 shares of the entertainment giant’s stock worth $12,130,095,000 after purchasing an additional 553,232 shares in the last quarter. Vanguard Group Inc grew its position in shares of Walt Disney by 0.5% during the 3rd quarter. Vanguard Group Inc now owns 103,729,219 shares of the entertainment giant’s stock worth $12,130,095,000 after purchasing an additional 553,232 shares in the last quarter. FMR LLC grew its position in shares of Walt Disney by 1.5% during the 3rd quarter. FMR LLC now owns 26,397,731 shares of the entertainment giant’s stock worth $3,086,951,000 after purchasing an additional 382,573 shares in the last quarter. Clearbridge Investments LLC grew its position in shares of Walt Disney by 2.1% during the 3rd quarter. Clearbridge Investments LLC now owns 9,031,930 shares of the entertainment giant’s stock worth $1,056,194,000 after purchasing an additional 189,866 shares in the last quarter. Finally, Legal & General Group Plc grew its position in shares of Walt Disney by 1.4% during the 3rd quarter. Legal & General Group Plc now owns 7,001,304 shares of the entertainment giant’s stock worth $818,701,000 after purchasing an additional 98,550 shares in the last quarter. 64.63% of the stock is currently owned by hedge funds and other institutional investors.

In related news, EVP Brent Woodford sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of $114.35, for a total transaction of $228,700.00. Following the completion of the transaction, the executive vice president now owns 26,517 shares of the company’s stock, valued at $3,032,218.95. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Zenia B. Mucha sold 33,000 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $128.88, for a total transaction of $4,253,040.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 37,000 shares of company stock valued at $4,708,940. 0.36% of the stock is owned by corporate insiders.

A number of analysts have recently weighed in on the stock. Loop Capital upped their price target on shares of Walt Disney to $140.00 and gave the stock a “buy” rating in a report on Monday, April 15th. Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a research report on Monday, April 15th. BTIG Research upgraded shares of Walt Disney from a “sell” rating to a “neutral” rating in a research report on Monday, April 15th. Imperial Capital increased their price objective on shares of Walt Disney from $129.00 to $139.00 and gave the stock an “outperform” rating in a research report on Monday, April 15th. Finally, Bank of America set a $144.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a research report on Friday, April 12th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have assigned a buy rating to the company. Walt Disney has a consensus rating of “Buy” and an average target price of $131.11.

DIS stock traded up $0.70 during mid-day trading on Friday, hitting $132.45. The company had a trading volume of 11,890,584 shares, compared to its average volume of 17,387,796. The firm has a market cap of $197.45 billion, a price-to-earnings ratio of 18.71, a P/E/G ratio of 3.83 and a beta of 0.91. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current ratio of 1.00. Walt Disney Co has a 12 month low of $97.68 and a 12 month high of $132.87.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, February 5th. The entertainment giant reported $1.84 EPS for the quarter, topping the consensus estimate of $1.57 by $0.27. The business had revenue of $15.30 billion for the quarter, compared to analyst estimates of $15.20 billion. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The company’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.89 earnings per share. Analysts forecast that Walt Disney Co will post 6.79 earnings per share for the current year.

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Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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