Dynamic Advisor Solutions LLC Boosts Position in Walt Disney Co (DIS)

Dynamic Advisor Solutions LLC boosted its holdings in Walt Disney Co (NYSE:DIS) by 6.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,554 shares of the entertainment giant’s stock after purchasing an additional 1,585 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Walt Disney were worth $2,888,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. MainStreet Investment Advisors LLC boosted its holdings in Walt Disney by 18.6% during the 2nd quarter. MainStreet Investment Advisors LLC now owns 2,909 shares of the entertainment giant’s stock worth $305,000 after acquiring an additional 456 shares during the last quarter. Eads & Heald Wealth Management boosted its holdings in Walt Disney by 2.4% during the 2nd quarter. Eads & Heald Wealth Management now owns 19,929 shares of the entertainment giant’s stock worth $2,089,000 after acquiring an additional 460 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of Walt Disney by 2.5% in the 2nd quarter. Private Trust Co. NA now owns 20,133 shares of the entertainment giant’s stock worth $2,110,000 after buying an additional 483 shares during the last quarter. Mountain Capital Investment Advisors Inc boosted its holdings in shares of Walt Disney by 19.2% in the 2nd quarter. Mountain Capital Investment Advisors Inc now owns 3,028 shares of the entertainment giant’s stock worth $317,000 after buying an additional 488 shares during the last quarter. Finally, Live Your Vision LLC boosted its holdings in shares of Walt Disney by 91.6% in the 2nd quarter. Live Your Vision LLC now owns 1,046 shares of the entertainment giant’s stock worth $113,000 after buying an additional 500 shares during the last quarter. 63.00% of the stock is owned by institutional investors and hedge funds.

In related news, EVP Brent Woodford sold 768 shares of the business’s stock in a transaction dated Monday, July 2nd. The stock was sold at an average price of $104.35, for a total value of $80,140.80. Following the sale, the executive vice president now directly owns 28,493 shares in the company, valued at approximately $2,973,244.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Robert A. Iger sold 437,679 shares of the business’s stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $115.00, for a total value of $50,333,085.00. Following the completion of the sale, the chairman now owns 1,498,871 shares in the company, valued at $172,370,165. The disclosure for this sale can be found here. Insiders sold a total of 710,954 shares of company stock worth $80,620,932 over the last 90 days. 0.38% of the stock is currently owned by company insiders.

A number of equities analysts recently weighed in on DIS shares. Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Monday, September 10th. BMO Capital Markets boosted their price target on shares of Walt Disney from $100.00 to $110.00 and gave the stock a “market perform” rating in a report on Wednesday, August 8th. Pivotal Research downgraded shares of Walt Disney from a “hold” rating to a “sell” rating and set a $93.00 price target on the stock. in a report on Monday, June 18th. ValuEngine raised shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, June 15th. Finally, B. Riley cut their price target on shares of Walt Disney from $123.00 to $121.00 and set a “buy” rating on the stock in a report on Wednesday, August 8th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the stock. Walt Disney currently has an average rating of “Hold” and a consensus price target of $119.54.

Shares of Walt Disney stock opened at $112.77 on Tuesday. Walt Disney Co has a 52-week low of $96.80 and a 52-week high of $117.90. The stock has a market capitalization of $164.19 billion, a P/E ratio of 19.78, a PEG ratio of 1.46 and a beta of 1.31. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 0.35.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 7th. The entertainment giant reported $1.87 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.97 by ($0.10). Walt Disney had a net margin of 20.76% and a return on equity of 21.37%. The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.49 billion. During the same quarter in the prior year, the firm posted $1.58 earnings per share. sell-side analysts forecast that Walt Disney Co will post 6.92 EPS for the current year.

About Walt Disney

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

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