Paragon Capital Management Ltd Has $488,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

Paragon Capital Management Ltd lessened its holdings in The Walt Disney Company (NYSE:DIS) by 9.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,985 shares of the entertainment giant’s stock after selling 410 shares during the period. Paragon Capital Management Ltd’s holdings in Walt Disney were worth $488,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Acadian Asset Management LLC boosted its stake in shares of Walt Disney by 13.6% during the third quarter. Acadian Asset Management LLC now owns 22,595 shares of the entertainment giant’s stock valued at $1,829,000 after purchasing an additional 2,698 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Walt Disney by 203.4% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 133,500 shares of the entertainment giant’s stock worth $10,820,000 after acquiring an additional 89,500 shares during the last quarter. Retirement Planning Co of New England Inc. raised its position in shares of Walt Disney by 19.6% during the third quarter. Retirement Planning Co of New England Inc. now owns 7,469 shares of the entertainment giant’s stock worth $605,000 after acquiring an additional 1,226 shares during the last quarter. River Wealth Advisors LLC raised its position in shares of Walt Disney by 2.5% during the third quarter. River Wealth Advisors LLC now owns 55,512 shares of the entertainment giant’s stock worth $4,499,000 after acquiring an additional 1,346 shares during the last quarter. Finally, AlphaCore Capital LLC raised its position in shares of Walt Disney by 13.0% during the third quarter. AlphaCore Capital LLC now owns 6,245 shares of the entertainment giant’s stock worth $506,000 after acquiring an additional 720 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DIS. Argus raised their price objective on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Rosenblatt Securities boosted their price objective on Walt Disney from $129.00 to $137.00 and gave the company a “buy” rating in a report on Tuesday, April 2nd. Evercore ISI cut their target price on Walt Disney from $130.00 to $128.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 8th. Barclays cut their price objective on Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 8th. Finally, JPMorgan Chase & Co. assumed coverage on Walt Disney in a research report on Thursday, April 11th. They issued an “overweight” rating and a $140.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $126.29.

Walt Disney Stock Up 0.4 %

Shares of Walt Disney stock traded up $0.43 on Friday, reaching $102.27. The company’s stock had a trading volume of 14,144,918 shares, compared to its average volume of 7,668,969. The company has a market capitalization of $186.44 billion, a price-to-earnings ratio of 111.16, a P/E/G ratio of 1.27 and a beta of 1.40. The firm’s fifty day simple moving average is $105.90 and its two-hundred day simple moving average is $104.33. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. The firm had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $22.12 billion. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the business posted $0.93 EPS. Equities analysts anticipate that The Walt Disney Company will post 4.75 earnings per share for the current year.

Insider Buying and Selling at Walt Disney

In other news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $106.00, for a total value of $466,400.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the transaction, the executive vice president now owns 4,400 shares in the company, valued at $536,448. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total value of $466,400.00. The disclosure for this sale can be found here. Insiders own 0.10% of the company’s stock.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.