Walt Disney Co (NYSE:DIS) EVP Alan N. Braverman sold 94,462 shares of Walt Disney stock in a transaction on Friday, July 5th. The stock was sold at an average price of $141.18, for a total transaction of $13,336,145.16. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of DIS stock opened at $143.56 on Friday. Walt Disney Co has a 12-month low of $100.35 and a 12-month high of $145.34. The firm has a market cap of $256.50 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 4.30 and a beta of 0.96. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average price of $138.29.
Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, May 8th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.02. Walt Disney had a net margin of 22.55% and a return on equity of 15.67%. The company had revenue of $14.92 billion during the quarter, compared to analyst estimates of $14.53 billion. During the same quarter in the previous year, the business earned $1.84 EPS. The firm’s revenue was up 2.6% on a year-over-year basis. Sell-side analysts predict that Walt Disney Co will post 6.57 earnings per share for the current year.
DIS has been the subject of a number of analyst reports. Loop Capital lifted their target price on shares of Walt Disney to $165.00 and gave the stock a “buy” rating in a report on Friday, June 14th. Imperial Capital lifted their target price on shares of Walt Disney from $139.00 to $147.00 and gave the stock an “outperform” rating in a report on Tuesday, May 7th. Cowen set a $27.00 target price on shares of Schnitzer Steel Industries and gave the stock a “hold” rating in a report on Tuesday, April 9th. Rosenblatt Securities initiated coverage on shares of FOX in a report on Monday, May 6th. They set a “sell” rating and a $33.00 target price for the company. Finally, BTIG Research initiated coverage on shares of Forestar Group in a report on Monday, April 15th. They set a “buy” rating and a $23.00 target price for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the stock. Walt Disney has a consensus rating of “Buy” and a consensus price target of $144.89.
A number of institutional investors and hedge funds have recently bought and sold shares of DIS. Oregon Public Employees Retirement Fund lifted its position in Walt Disney by 14,778.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 53,195,820 shares of the entertainment giant’s stock valued at $485,000 after acquiring an additional 52,838,274 shares in the last quarter. FMR LLC lifted its position in Walt Disney by 37.2% in the 1st quarter. FMR LLC now owns 33,901,641 shares of the entertainment giant’s stock valued at $3,764,098,000 after acquiring an additional 9,190,235 shares in the last quarter. BlackRock Inc. lifted its position in Walt Disney by 6.5% in the 4th quarter. BlackRock Inc. now owns 92,790,946 shares of the entertainment giant’s stock valued at $10,174,527,000 after acquiring an additional 5,639,712 shares in the last quarter. Cortland Advisers LLC bought a new stake in Walt Disney in the 4th quarter valued at $118,918,000. Finally, Clearbridge Investments LLC lifted its position in Walt Disney by 10.5% in the 1st quarter. Clearbridge Investments LLC now owns 10,855,844 shares of the entertainment giant’s stock valued at $1,205,324,000 after acquiring an additional 1,031,035 shares in the last quarter. 64.14% of the stock is currently owned by institutional investors and hedge funds.
About Walt Disney
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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