Mackey Komara & Dankovich LLC Purchases Shares of 1,677 Walt Disney Co (DIS)

Mackey Komara & Dankovich LLC purchased a new stake in Walt Disney Co (NYSE:DIS) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 1,677 shares of the entertainment giant’s stock, valued at approximately $184,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. United Bank raised its stake in Walt Disney by 29.6% in the 2nd quarter. United Bank now owns 16,978 shares of the entertainment giant’s stock worth $1,779,000 after acquiring an additional 3,876 shares during the last quarter. Cornerstone Capital Inc. grew its position in shares of Walt Disney by 1.4% during the 2nd quarter. Cornerstone Capital Inc. now owns 198,914 shares of the entertainment giant’s stock valued at $20,848,000 after acquiring an additional 2,780 shares during the period. BB&T Securities LLC grew its position in shares of Walt Disney by 12.6% during the 2nd quarter. BB&T Securities LLC now owns 382,945 shares of the entertainment giant’s stock valued at $40,136,000 after acquiring an additional 42,793 shares during the period. King Luther Capital Management Corp grew its position in shares of Walt Disney by 1.5% during the 2nd quarter. King Luther Capital Management Corp now owns 740,634 shares of the entertainment giant’s stock valued at $77,626,000 after acquiring an additional 10,952 shares during the period. Finally, Lcnb Corp grew its position in shares of Walt Disney by 59.5% during the 2nd quarter. Lcnb Corp now owns 11,478 shares of the entertainment giant’s stock valued at $1,203,000 after acquiring an additional 4,281 shares during the period. 66.58% of the stock is owned by institutional investors and hedge funds.

DIS has been the topic of a number of analyst reports. Tigress Financial restated a “buy” rating on shares of Walt Disney in a research report on Tuesday, February 12th. Edward Jones upgraded Walt Disney from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th. Credit Suisse Group restated a “hold” rating and set a $114.00 target price on shares of Walt Disney in a research report on Tuesday, January 22nd. Zacks Investment Research upgraded Walt Disney from a “sell” rating to a “hold” rating in a research report on Thursday, January 17th. Finally, Imperial Capital upgraded Walt Disney from an “in-line” rating to an “outperform” rating and raised their target price for the company from $113.00 to $129.00 in a research report on Tuesday, November 27th. Two analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $124.84.

DIS stock opened at $112.59 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current ratio of 1.00. Walt Disney Co has a 12-month low of $97.68 and a 12-month high of $120.20. The stock has a market capitalization of $167.85 billion, a P/E ratio of 15.90, a PEG ratio of 2.64 and a beta of 0.96.

Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.27. The business had revenue of $15.30 billion for the quarter, compared to analyst estimates of $15.20 billion. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The business’s revenue was down .3% on a year-over-year basis. During the same period last year, the company posted $1.89 EPS. As a group, analysts expect that Walt Disney Co will post 7.09 earnings per share for the current year.

In other Walt Disney news, EVP Brent Woodford sold 4,500 shares of the business’s stock in a transaction that occurred on Wednesday, December 12th. The stock was sold at an average price of $113.04, for a total value of $508,680.00. Following the sale, the executive vice president now owns 37,495 shares of the company’s stock, valued at $4,238,434.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Alan N. Braverman sold 1,153 shares of the business’s stock in a transaction that occurred on Friday, December 28th. The shares were sold at an average price of $107.70, for a total value of $124,178.10. Following the completion of the sale, the executive vice president now directly owns 106,390 shares in the company, valued at approximately $11,458,203. The disclosure for this sale can be found here. In the last three months, insiders sold 14,648 shares of company stock worth $1,616,684. 0.36% of the stock is owned by corporate insiders.

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Walt Disney Profile

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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