Catalina Capital Group LLC Takes Position in The Walt Disney Company (NYSE:DIS)

Catalina Capital Group LLC bought a new stake in The Walt Disney Company (NYSE:DISFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,738 shares of the entertainment giant’s stock, valued at approximately $702,000.

A number of other institutional investors have also modified their holdings of DIS. Avidian Wealth Solutions LLC boosted its stake in shares of Walt Disney by 7.5% in the first quarter. Avidian Wealth Solutions LLC now owns 18,614 shares of the entertainment giant’s stock valued at $2,278,000 after buying an additional 1,304 shares in the last quarter. TFB Advisors LLC purchased a new stake in Walt Disney during the first quarter worth $525,000. Mediolanum International Funds Ltd purchased a new stake in Walt Disney during the first quarter worth $40,574,000. Larson Financial Group LLC boosted its position in Walt Disney by 4.3% during the first quarter. Larson Financial Group LLC now owns 9,833 shares of the entertainment giant’s stock worth $1,203,000 after purchasing an additional 408 shares in the last quarter. Finally, Callan Capital LLC boosted its position in Walt Disney by 45.3% during the first quarter. Callan Capital LLC now owns 5,639 shares of the entertainment giant’s stock worth $690,000 after purchasing an additional 1,759 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insiders Place Their Bets

In related news, Director James P. Gorman purchased 20,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were acquired at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the transaction, the director now owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director James P. Gorman purchased 20,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were acquired at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the transaction, the director now owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Sonia L. Coleman sold 4,400 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was 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. 0.10% of the stock is currently owned by company insiders.

Walt Disney Stock Down 0.1 %

DIS traded down $0.08 on Wednesday, reaching $96.97. The company’s stock had a trading volume of 7,617,282 shares, compared to its average volume of 11,385,722. The stock has a market cap of $176.78 billion, a price-to-earnings ratio of 104.99, a price-to-earnings-growth ratio of 1.21 and a beta of 1.40. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.75 and a quick ratio of 0.69. The business’s 50 day moving average is $102.71 and its 200 day moving average is $105.01.

Walt Disney (NYSE:DISGet Free Report) last issued its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. The firm had revenue of $22.08 billion during 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%. Walt Disney’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.93 earnings per share. As a group, research analysts forecast that The Walt Disney Company will post 4.75 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on DIS shares. UBS Group decreased their target price on Walt Disney from $140.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. The Goldman Sachs Group began coverage on Walt Disney in a report on Tuesday, June 25th. They issued a “buy” rating and a $125.00 price target for the company. Deutsche Bank Aktiengesellschaft boosted their price target on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Loop Capital boosted their price target on Walt Disney from $113.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Finally, Argus boosted their price target on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $126.44.

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Walt Disney Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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