The Walt Disney Company (NYSE:DIS) CFO Sells $1,520,600.00 in Stock

The Walt Disney Company (NYSE:DIS) CFO Christine M. Mccarthy sold 10,000 shares of the firm’s stock in a transaction dated Friday, January 14th. The shares were sold at an average price of $152.06, for a total value of $1,520,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

NYSE:DIS opened at $151.94 on Friday. The company has a current ratio of 1.08, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $276.18 billion, a PE ratio of 139.39, a price-to-earnings-growth ratio of 1.63 and a beta of 1.19. The firm’s 50 day moving average is $154.33 and its 200 day moving average is $168.93. The Walt Disney Company has a 12 month low of $142.04 and a 12 month high of $203.02.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, November 10th. The entertainment giant reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.13). The company had revenue of $18.53 billion during the quarter, compared to the consensus estimate of $18.85 billion. Walt Disney had a return on equity of 4.86% and a net margin of 2.96%. During the same period last year, the firm posted ($0.20) EPS. Research analysts predict that The Walt Disney Company will post 4.21 earnings per share for the current year.

Several analysts have recently commented on the company. The Goldman Sachs Group reduced their target price on Walt Disney from $218.00 to $209.00 and set a “buy” rating for the company in a research note on Thursday, November 11th. Wolfe Research reduced their target price on Walt Disney from $209.00 to $200.00 and set an “outperform” rating for the company in a research note on Thursday, November 11th. Daiwa Capital Markets assumed coverage on Walt Disney in a research note on Tuesday, September 21st. They issued a “buy” rating and a $225.00 target price for the company. UBS Group reduced their target price on Walt Disney from $220.00 to $205.00 and set a “buy” rating for the company in a research note on Thursday, November 11th. Finally, Evercore ISI restated a “buy” rating and issued a $210.00 target price on shares of Walt Disney in a research note on Wednesday, September 22nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-one have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $196.64.

Hedge funds have recently modified their holdings of the business. GeoWealth Management LLC bought a new stake in Walt Disney during the 3rd quarter valued at $25,000. Core Alternative Capital bought a new stake in Walt Disney during the 3rd quarter valued at $28,000. Penserra Capital Management LLC bought a new stake in Walt Disney during the 2nd quarter valued at $29,000. Financial Insights Inc. bought a new stake in Walt Disney during the 2nd quarter valued at $37,000. Finally, Financial Enhancement Group LLC grew its position in shares of Walt Disney by 260.6% during the 2nd quarter. Financial Enhancement Group LLC now owns 238 shares of the entertainment giant’s stock valued at $42,000 after purchasing an additional 172 shares in the last quarter. 63.93% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Company Profile

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.

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