Bristol Gate Capital Partners Inc. lessened its holdings in The Walt Disney Company (NYSE:DIS) by 2.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 310,129 shares of the entertainment giant’s stock after selling 8,144 shares during the period. The Walt Disney comprises approximately 4.7% of Bristol Gate Capital Partners Inc.’s holdings, making the stock its 5th biggest position. Bristol Gate Capital Partners Inc.’s holdings in The Walt Disney were worth $33,342,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Vantage Financial Partners Ltd. Inc. bought a new stake in The Walt Disney during the 2nd quarter worth approximately $925,000. Front Row Advisors LLC bought a new stake in shares of The Walt Disney during the fourth quarter valued at approximately $122,000. Legacy Advisors LLC bought a new stake in shares of The Walt Disney during the third quarter valued at approximately $137,000. Cerebellum GP LLC bought a new stake in shares of The Walt Disney during the fourth quarter valued at approximately $142,000. Finally, Malaga Cove Capital LLC bought a new stake in shares of The Walt Disney during the third quarter valued at approximately $140,000. Hedge funds and other institutional investors own 62.62% of the company’s stock.
DIS stock opened at $100.39 on Friday. The Walt Disney Company has a fifty-two week low of $96.20 and a fifty-two week high of $116.10. The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $152,427.64, a P/E ratio of 17.61, a price-to-earnings-growth ratio of 1.73 and a beta of 1.30.
Several research firms have recently issued reports on DIS. Zacks Investment Research cut shares of The Walt Disney from a “buy” rating to a “sell” rating in a research report on Wednesday. Vetr upgraded shares of The Walt Disney from a “buy” rating to a “strong-buy” rating and set a $114.50 price objective on the stock in a research report on Tuesday. Finally, Loop Capital began coverage on shares of The Walt Disney in a research report on Thursday, March 15th. They set a “buy” rating and a $130.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company. The Walt Disney presently has a consensus rating of “Buy” and an average price target of $118.70.
In other The Walt Disney news, Director Aylwin B. Lewis sold 1,797 shares of The Walt Disney stock in a transaction on Monday, February 26th. The shares were sold at an average price of $108.39, for a total transaction of $194,776.83. Following the completion of the transaction, the director now directly owns 85,636 shares of the company’s stock, valued at $9,282,086.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.38% of the stock is owned by insiders.
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The 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 services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.
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