Rational Advisors LLC lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 57.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,321 shares of the entertainment giant’s stock after acquiring an additional 5,231 shares during the period. The Walt Disney makes up about 0.8% of Rational Advisors LLC’s investment portfolio, making the stock its 24th largest holding. Rational Advisors LLC’s holdings in The Walt Disney were worth $1,540,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Lucas Capital Management bought a new stake in shares of The Walt Disney during the fourth quarter worth $220,000. Parsons Capital Management Inc. RI grew its position in The Walt Disney by 14.5% in the fourth quarter. Parsons Capital Management Inc. RI now owns 32,668 shares of the entertainment giant’s stock valued at $3,512,000 after purchasing an additional 4,130 shares in the last quarter. Wealthstreet Investment Advisors LLC bought a new position in The Walt Disney in the fourth quarter valued at $10,150,000. Selway Asset Management grew its position in The Walt Disney by 3.0% in the third quarter. Selway Asset Management now owns 37,456 shares of the entertainment giant’s stock valued at $3,692,000 after purchasing an additional 1,100 shares in the last quarter. Finally, Rothschild Investment Corp IL grew its position in The Walt Disney by 36.7% in the fourth quarter. Rothschild Investment Corp IL now owns 40,931 shares of the entertainment giant’s stock valued at $4,400,000 after purchasing an additional 10,981 shares in the last quarter. 62.58% of the stock is owned by institutional investors.
In other The Walt Disney news, Director Aylwin B. Lewis sold 1,797 shares of The Walt Disney stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $108.39, for a total value of $194,776.83. Following the completion of the sale, the director now owns 85,636 shares in the company, valued at approximately $9,282,086.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.38% of the stock is owned by insiders.
The Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.28. The company had revenue of $15.35 billion during the quarter, compared to analysts’ expectations of $15.47 billion. The Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The Walt Disney’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.55 EPS. equities research analysts expect that The Walt Disney Company will post 6.92 earnings per share for the current year.
A number of research analysts recently weighed in on DIS shares. Barclays set a $105.00 target price on shares of The Walt Disney and gave the company a “hold” rating in a research report on Tuesday, January 23rd. Vetr raised shares of The Walt Disney from a “buy” rating to a “strong-buy” rating and set a $111.60 target price for the company in a research report on Tuesday, April 3rd. Credit Suisse Group reaffirmed a “buy” rating on shares of The Walt Disney in a research report on Friday, December 22nd. Zacks Investment Research downgraded shares of The Walt Disney from a “buy” rating to a “hold” rating in a research report on Tuesday, March 13th. Finally, Morgan Stanley raised their target price on shares of The Walt Disney from $120.00 to $130.00 and gave the company an “overweight” rating in a research report on Wednesday, January 31st. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $118.70.
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The 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 services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.
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