Vivaldi Asset Management LLC Purchases 12,600 Shares of Walt Disney Co (DIS)

Vivaldi Asset Management LLC increased its position in Walt Disney Co (NYSE:DIS) by 16.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 90,300 shares of the entertainment giant’s stock after buying an additional 12,600 shares during the quarter. Walt Disney accounts for approximately 1.3% of Vivaldi Asset Management LLC’s investment portfolio, making the stock its 28th largest position. Vivaldi Asset Management LLC’s holdings in Walt Disney were worth $9,070,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. First PREMIER Bank increased its position in Walt Disney by 28.0% during the 4th quarter. First PREMIER Bank now owns 6,747 shares of the entertainment giant’s stock valued at $725,000 after purchasing an additional 1,474 shares during the period. Lathrop Investment Management Corp increased its position in Walt Disney by 0.4% during the 4th quarter. Lathrop Investment Management Corp now owns 120,791 shares of the entertainment giant’s stock valued at $12,986,000 after purchasing an additional 515 shares during the period. Bristol Advisors LLC acquired a new stake in Walt Disney during the 4th quarter valued at approximately $2,010,000. Country Club Trust Company n.a. increased its position in Walt Disney by 2.5% during the 4th quarter. Country Club Trust Company n.a. now owns 67,026 shares of the entertainment giant’s stock valued at $7,206,000 after purchasing an additional 1,654 shares during the period. Finally, Benson Investment Management Company Inc. increased its position in Walt Disney by 5.8% during the 4th quarter. Benson Investment Management Company Inc. now owns 21,922 shares of the entertainment giant’s stock valued at $2,357,000 after purchasing an additional 1,200 shares during the period. 63.33% of the stock is owned by institutional investors.

Shares of Walt Disney opened at $106.34 on Monday, according to Marketbeat Ratings. Walt Disney Co has a 12-month low of $96.20 and a 12-month high of $113.19. The company has a current ratio of 0.85, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $158.10 billion, a P/E ratio of 18.66, a PEG ratio of 1.81 and a beta of 1.28.



Walt Disney (NYSE:DIS) last issued its earnings results on Tuesday, May 8th. The entertainment giant reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.14. Walt Disney had a return on equity of 21.13% and a net margin of 20.16%. The company had revenue of $14.55 billion for the quarter, compared to analysts’ expectations of $14.11 billion. During the same period last year, the business earned $1.50 EPS. Walt Disney’s quarterly revenue was up 9.1% compared to the same quarter last year. sell-side analysts forecast that Walt Disney Co will post 7.12 earnings per share for the current fiscal year.

A number of analysts have weighed in on the stock. ValuEngine raised shares of Walt Disney from a “sell” rating to a “hold” rating in a research report on Friday, June 15th. Zacks Investment Research raised shares of Walt Disney from a “hold” rating to a “buy” rating and set a $122.00 target price for the company in a research report on Monday, June 18th. Pivotal Research downgraded shares of Walt Disney from a “hold” rating to a “sell” rating and set a $93.00 target price for the company. in a research report on Monday, June 18th. Vetr downgraded shares of Walt Disney from a “strong-buy” rating to a “buy” rating and set a $113.88 target price for the company. in a research report on Wednesday, April 18th. Finally, B. Riley decreased their target price on shares of Walt Disney from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Wednesday, May 9th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $118.96.

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

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