Ascent Wealth Partners LLC Has $4.36 Million Stake in Walt Disney Co (NYSE:DIS)

Ascent Wealth Partners LLC boosted its holdings in shares of Walt Disney Co (NYSE:DIS) by 0.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,488 shares of the entertainment giant’s stock after purchasing an additional 257 shares during the period. Walt Disney accounts for approximately 1.3% of Ascent Wealth Partners LLC’s holdings, making the stock its 24th largest holding. Ascent Wealth Partners LLC’s holdings in Walt Disney were worth $4,364,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Glenview State Bank Trust DEPT. boosted its position in shares of Walt Disney by 0.5% in the 2nd quarter. Glenview State Bank Trust DEPT. now owns 15,057 shares of the entertainment giant’s stock worth $2,103,000 after purchasing an additional 70 shares during the last quarter. Aft Forsyth & Company Inc. boosted its position in shares of Walt Disney by 0.9% in the 2nd quarter. Aft Forsyth & Company Inc. now owns 7,705 shares of the entertainment giant’s stock worth $1,076,000 after purchasing an additional 70 shares during the last quarter. Altfest L J & Co. Inc. boosted its position in shares of Walt Disney by 0.5% in the 2nd quarter. Altfest L J & Co. Inc. now owns 13,978 shares of the entertainment giant’s stock worth $1,952,000 after purchasing an additional 74 shares during the last quarter. Botty Investors LLC boosted its position in shares of Walt Disney by 4.8% in the 2nd quarter. Botty Investors LLC now owns 1,650 shares of the entertainment giant’s stock worth $230,000 after purchasing an additional 75 shares during the last quarter. Finally, Wealthquest Corp boosted its position in shares of Walt Disney by 1.6% in the 2nd quarter. Wealthquest Corp now owns 4,772 shares of the entertainment giant’s stock worth $666,000 after purchasing an additional 76 shares during the last quarter. 68.45% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently issued reports on the company. ValuEngine lowered Walt Disney from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Imperial Capital reduced their price target on Walt Disney from $140.00 to $139.00 and set an “in-line” rating on the stock in a research report on Thursday, September 19th. Zacks Investment Research upgraded Walt Disney from a “strong sell” rating to a “hold” rating and set a $120.00 price target on the stock in a research report on Tuesday, July 9th. Sanford C. Bernstein set a $130.00 price target on Walt Disney and gave the stock a “hold” rating in a research report on Thursday, September 12th. Finally, Moffett Nathanson set a $150.00 price target on Walt Disney and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Seven analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Walt Disney currently has a consensus rating of “Buy” and a consensus price target of $151.31.

In other Walt Disney news, EVP Brent Woodford sold 2,200 shares of Walt Disney stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $146.68, for a total transaction of $322,696.00. Following the transaction, the executive vice president now directly owns 34,679 shares in the company, valued at $5,086,715.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.36% of the company’s stock.

DIS stock opened at $131.13 on Thursday. The business’s 50-day moving average price is $132.82 and its two-hundred day moving average price is $135.55. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.38. The firm has a market cap of $238.50 billion, a PE ratio of 18.52, a P/E/G ratio of 4.44 and a beta of 0.96. Walt Disney Co has a 1-year low of $100.35 and a 1-year high of $147.15.

Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, August 6th. The entertainment giant reported $1.35 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.76 by ($0.41). The business had revenue of $20.25 billion for the quarter, compared to the consensus estimate of $21.40 billion. Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The business’s revenue was up 32.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.87 earnings per share. On average, analysts forecast that Walt Disney Co will post 5.74 earnings per share for the current year.

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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