Walt Disney Co (DIS) Shares Bought by Poehling Capital Management LLC

Poehling Capital Management LLC lifted its stake in Walt Disney Co (NYSE:DIS) by 2,058.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,231 shares of the entertainment giant’s stock after buying an additional 4,035 shares during the quarter. Poehling Capital Management LLC’s holdings in Walt Disney were worth $495,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Raymond James Trust N.A. raised its stake in Walt Disney by 0.6% during the third quarter. Raymond James Trust N.A. now owns 107,110 shares of the entertainment giant’s stock valued at $12,526,000 after purchasing an additional 611 shares in the last quarter. Cornerstone Capital Inc. raised its stake in Walt Disney by 1.9% during the third quarter. Cornerstone Capital Inc. now owns 202,624 shares of the entertainment giant’s stock valued at $23,695,000 after purchasing an additional 3,710 shares in the last quarter. Godsey & Gibb Associates raised its stake in Walt Disney by 4.1% during the third quarter. Godsey & Gibb Associates now owns 134,049 shares of the entertainment giant’s stock valued at $15,676,000 after purchasing an additional 5,248 shares in the last quarter. Ancora Advisors LLC raised its stake in Walt Disney by 16.5% during the third quarter. Ancora Advisors LLC now owns 121,981 shares of the entertainment giant’s stock valued at $14,264,000 after purchasing an additional 17,257 shares in the last quarter. Finally, SVA Plumb Wealth Management LLC raised its stake in Walt Disney by 132.6% during the third quarter. SVA Plumb Wealth Management LLC now owns 43,319 shares of the entertainment giant’s stock valued at $5,066,000 after purchasing an additional 24,698 shares in the last quarter. 62.82% of the stock is currently owned by hedge funds and other institutional investors.

DIS stock opened at $111.04 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 0.32. Walt Disney Co has a twelve month low of $97.68 and a twelve month high of $120.20. The firm has a market cap of $165.48 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 1.90 and a beta of 1.05.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Thursday, November 8th. The entertainment giant reported $1.48 EPS for the quarter, topping the Zacks’ consensus estimate of $1.31 by $0.17. The firm had revenue of $14.30 billion for the quarter, compared to analysts’ expectations of $13.76 billion. Walt Disney had a net margin of 21.20% and a return on equity of 21.43%. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.07 earnings per share. As a group, analysts anticipate that Walt Disney Co will post 7.08 EPS for the current fiscal year.

The business also recently declared a semiannual dividend, which was paid on Thursday, January 10th. Stockholders of record on Monday, December 10th were issued a $0.88 dividend. The ex-dividend date was Friday, December 7th. This is a boost from Walt Disney’s previous semiannual dividend of $0.84. This represents a dividend yield of 1.51%. Walt Disney’s dividend payout ratio is presently 24.86%.

DIS has been the topic of a number of recent research reports. Loop Capital upped their price target on shares of Walt Disney to $130.00 and gave the company a “buy” rating in a research note on Friday, November 9th. Argus boosted their price objective on shares of Walt Disney from $129.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, November 12th. ValuEngine upgraded shares of Walt Disney from a “hold” rating to a “buy” rating in a research report on Friday, October 19th. Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a research report on Monday, October 1st. Finally, B. Riley reiterated a “neutral” rating on shares of Walt Disney in a research report on Friday, November 9th. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $122.37.

In other news, EVP Alan N. Braverman sold 1,153 shares of the company’s stock in a transaction dated Saturday, December 28th. The shares were sold at an average price of $107.70, for a total value of $124,178.10. Following the transaction, the executive vice president now directly owns 106,390 shares in the company, valued at $11,458,203. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction dated Wednesday, January 9th. The stock was sold at an average price of $112.75, for a total transaction of $225,500.00. Following the completion of the transaction, the executive vice president now owns 24,513 shares in the company, valued at $2,763,840.75. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 60,381 shares of company stock worth $7,117,444. Company insiders own 0.38% of the company’s stock.

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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 businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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