The Walt Disney Company (NYSE:DIS) Shares Acquired by Clifford Capital Partners LLC

Clifford Capital Partners LLC boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 136,490 shares of the entertainment giant’s stock after purchasing an additional 3,585 shares during the quarter. Walt Disney accounts for about 4.4% of Clifford Capital Partners LLC’s holdings, making the stock its 4th biggest position. Clifford Capital Partners LLC’s holdings in Walt Disney were worth $16,701,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Mcdonald Partners LLC raised its stake in Walt Disney by 0.5% in the first quarter. Mcdonald Partners LLC now owns 17,975 shares of the entertainment giant’s stock valued at $2,199,000 after buying an additional 88 shares during the period. Sendero Wealth Management LLC raised its position in shares of Walt Disney by 2.0% in the first quarter. Sendero Wealth Management LLC now owns 4,649 shares of the entertainment giant’s stock valued at $569,000 after buying an additional 89 shares in the last quarter. McKinley Carter Wealth Services Inc. raised its position in shares of Walt Disney by 1.5% in the 1st quarter. McKinley Carter Wealth Services Inc. now owns 5,894 shares of the entertainment giant’s stock valued at $721,000 after buying an additional 89 shares in the last quarter. Pflug Koory LLC boosted its holdings in shares of Walt Disney by 1.0% in the 1st quarter. Pflug Koory LLC now owns 8,993 shares of the entertainment giant’s stock valued at $1,100,000 after purchasing an additional 91 shares in the last quarter. Finally, Regent Peak Wealth Advisors LLC grew its position in Walt Disney by 3.5% in the first quarter. Regent Peak Wealth Advisors LLC now owns 2,801 shares of the entertainment giant’s stock valued at $343,000 after acquiring an additional 94 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Walt Disney

In related news, Director James P. Gorman acquired 20,000 shares of Walt Disney stock in a transaction dated Wednesday, May 8th. The shares were purchased at an average price of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the transaction, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James P. Gorman purchased 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The shares were purchased at an average price of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the acquisition, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The disclosure for this purchase can be found here. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on DIS shares. JPMorgan Chase & Co. initiated coverage on shares of Walt Disney in a research note on Thursday, April 11th. They set an “overweight” rating and a $140.00 price target for the company. Rosenblatt Securities increased their price target on Walt Disney from $129.00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Guggenheim raised their target price on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Finally, UBS Group decreased their price target on shares of Walt Disney from $140.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, May 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $126.44.

Walt Disney Stock Performance

DIS traded up $0.53 during mid-day trading on Friday, reaching $97.13. 6,465,736 shares of the company traded hands, compared to its average volume of 8,942,289. The stock has a market capitalization of $177.07 billion, a P/E ratio of 105.58, a P/E/G ratio of 1.21 and a beta of 1.40. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74. The company’s fifty day moving average price is $101.78 and its 200-day moving average price is $105.03.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The firm had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. During the same quarter in the previous year, the firm posted $0.93 EPS. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. On average, sell-side analysts expect that The Walt Disney Company will post 4.75 EPS for the current year.

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.