Cpwm LLC Raises Position in Walt Disney Co (DIS)

Cpwm LLC grew its holdings in Walt Disney Co (NYSE:DIS) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 16,630 shares of the entertainment giant’s stock after buying an additional 440 shares during the period. Cpwm LLC’s holdings in Walt Disney were worth $1,824,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. raised its position in Walt Disney by 137.2% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 932,665 shares of the entertainment giant’s stock worth $102,267,000 after acquiring an additional 539,445 shares during the period. Montecito Bank & Trust raised its position in Walt Disney by 25.9% in the fourth quarter. Montecito Bank & Trust now owns 16,415 shares of the entertainment giant’s stock worth $1,800,000 after acquiring an additional 3,372 shares during the period. Court Place Advisors LLC raised its position in Walt Disney by 1.6% in the fourth quarter. Court Place Advisors LLC now owns 14,698 shares of the entertainment giant’s stock worth $1,612,000 after acquiring an additional 235 shares during the period. King Luther Capital Management Corp raised its position in Walt Disney by 3.4% in the third quarter. King Luther Capital Management Corp now owns 765,838 shares of the entertainment giant’s stock worth $89,557,000 after acquiring an additional 25,204 shares during the period. Finally, Glassman Wealth Services raised its position in Walt Disney by 2.2% in the fourth quarter. Glassman Wealth Services now owns 11,033 shares of the entertainment giant’s stock worth $1,210,000 after acquiring an additional 234 shares during the period. Institutional investors and hedge funds own 66.71% of the company’s stock.

Shares of DIS stock opened at $134.68 on Thursday. The firm has a market cap of $195.80 billion, a PE ratio of 19.02, a PEG ratio of 3.49 and a beta of 1.00. Walt Disney Co has a one year low of $98.81 and a one year high of $142.37. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.74 and a current ratio of 0.77.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, May 8th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.02. The company had revenue of $14.92 billion for the quarter, compared to the consensus estimate of $14.53 billion. Walt Disney had a net margin of 22.55% and a return on equity of 15.67%. Walt Disney’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.84 EPS. On average, equities analysts forecast that Walt Disney Co will post 6.7 EPS for the current fiscal year.

DIS has been the topic of several recent research reports. Citigroup increased their price target on shares of Walt Disney from $126.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Rosenblatt Securities assumed coverage on shares of Walt Disney in a research report on Tuesday, April 2nd. They set a “buy” rating and a $150.00 price objective on the stock. Edward Jones upgraded shares of Walt Disney from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th. Tigress Financial restated a “buy” rating on shares of Walt Disney in a research report on Tuesday, February 12th. Finally, Goldman Sachs Group assumed coverage on shares of Walt Disney in a research report on Thursday, April 4th. They set a “buy” rating and a $142.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $142.36.

In other Walt Disney news, EVP Brent Woodford sold 2,000 shares of Walt Disney stock in a transaction on Thursday, February 21st. The shares were sold at an average price of $114.35, for a total value of $228,700.00. Following the sale, the executive vice president now directly owns 26,517 shares in the company, valued at approximately $3,032,218.95. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Zenia B. Mucha sold 33,000 shares of Walt Disney stock in a transaction on Friday, April 12th. The shares were sold at an average price of $128.88, for a total transaction of $4,253,040.00. The disclosure for this sale can be found here. Insiders own 0.36% of the company’s stock.

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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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Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Co (NYSE:DIS).

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

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