Aspiriant LLC Has $2.65 Million Stake in Walt Disney Co (DIS)

Aspiriant LLC reduced its stake in Walt Disney Co (NYSE:DIS) by 0.6% during the 4th quarter, HoldingsChannel reports. The fund owned 24,185 shares of the entertainment giant’s stock after selling 146 shares during the quarter. Aspiriant LLC’s holdings in Walt Disney were worth $2,652,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Walt Disney by 0.5% during the third 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 during the last quarter. Vanguard Group Inc grew its holdings in shares of Walt Disney by 0.5% during the third 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 during the last quarter. FMR LLC grew its holdings in shares of Walt Disney by 1.5% during the third 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 during the last quarter. Clearbridge Investments LLC grew its holdings in shares of Walt Disney by 2.1% during the third 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 during the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Walt Disney by 1.4% during the third 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 during the last quarter. Institutional investors and hedge funds own 64.61% of the company’s stock.

In related news, EVP Zenia B. Mucha sold 33,000 shares of the firm’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $128.88, for a total transaction of $4,253,040.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Brent Woodford sold 2,000 shares of the firm’s stock in a transaction dated Thursday, February 21st. The stock was sold at an average price of $114.35, for a total value of $228,700.00. Following the transaction, the executive vice president now directly owns 26,517 shares in the company, valued at approximately $3,032,218.95. The disclosure for this sale can be found here. In the last three months, insiders have sold 37,000 shares of company stock worth $4,708,940. Corporate insiders own 0.36% of the company’s stock.



Several brokerages have issued reports on DIS. Citigroup raised their price objective on Walt Disney from $126.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, April 9th. Loop Capital raised their price objective on Walt Disney to $140.00 and gave the stock a “buy” rating in a report on Monday. Zacks Investment Research raised Walt Disney from a “sell” rating to a “hold” rating in a report on Monday. BTIG Research raised Walt Disney from a “sell” rating to a “neutral” rating in a report on Monday. Finally, Imperial Capital raised their price objective on Walt Disney from $129.00 to $139.00 and gave the stock an “outperform” rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. Walt Disney currently has a consensus rating of “Buy” and an average price target of $130.20.

NYSE DIS opened at $132.04 on Tuesday. 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 52-week low of $97.68 and a 52-week high of $132.70. The stock has a market cap of $193.89 billion, a P/E ratio of 18.65, a P/E/G ratio of 3.22 and a beta of 0.91.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.27. Walt Disney had a return on equity of 20.50% and a net margin of 18.46%. The firm had revenue of $15.30 billion for the quarter, compared to analyst estimates of $15.20 billion. During the same quarter last year, the company posted $1.89 earnings per share. The business’s revenue was down .3% on a year-over-year basis. Analysts predict that Walt Disney Co will post 6.88 earnings per share for the current fiscal year.

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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 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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