Vontobel Swiss Wealth Advisors AG Has $1.56 Million Position in Walt Disney Co (DIS)

Vontobel Swiss Wealth Advisors AG reduced its position in Walt Disney Co (NYSE:DIS) by 8.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 14,254 shares of the entertainment giant’s stock after selling 1,370 shares during the quarter. Vontobel Swiss Wealth Advisors AG’s holdings in Walt Disney were worth $1,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vaughan Nelson Investment Management L.P. lifted its stake in shares of Walt Disney by 137.2% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 932,665 shares of the entertainment giant’s stock valued at $102,267,000 after purchasing an additional 539,445 shares during the period. Montecito Bank & Trust raised its position in Walt Disney by 25.9% during 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% during 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. Glassman Wealth Services raised its position in Walt Disney by 2.2% during 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. Finally, TrinityPoint Wealth LLC acquired a new position in Walt Disney during the fourth quarter worth $1,189,000. Hedge funds and other institutional investors own 71.58% of the company’s stock.

In other news, EVP Brent Woodford sold 4,000 shares of the company’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $135.24, for a total transaction of $540,960.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Zenia B. Mucha sold 33,000 shares of the company’s stock in a transaction on Friday, April 12th. The stock was 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. 0.36% of the stock is owned by corporate insiders.

A number of equities analysts have weighed in on DIS shares. JPMorgan Chase & Co. started coverage on shares of Walt Disney in a research report on Friday, April 12th. They set an “overweight” rating and a $137.00 price objective for the company. BTIG Research upgraded shares of Walt Disney from a “sell” rating to a “neutral” rating in a research report on Monday, April 15th. Imperial Capital upped their price objective on shares of Walt Disney from $139.00 to $147.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 7th. Cowen upgraded shares of Walt Disney from a “market perform” rating to an “outperform” rating and set a $115.90 price objective for the company in a research report on Tuesday, April 9th. Finally, Tigress Financial restated a “buy” rating on shares of Walt Disney in a research report on Tuesday, February 12th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $142.42.

Walt Disney stock opened at $132.79 on Friday. Walt Disney Co has a 52-week low of $98.81 and a 52-week high of $142.37. The firm has a market cap of $197.96 billion, a PE ratio of 18.76, a price-to-earnings-growth ratio of 3.58 and a beta of 1.00. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, May 8th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.59 by $0.02. Walt Disney had a net margin of 22.55% and a return on equity of 15.67%. The business had revenue of $14.92 billion during the quarter, compared to analyst estimates of $14.53 billion. During the same quarter in the prior year, the firm earned $1.84 earnings per share. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. Equities research analysts anticipate that Walt Disney Co will post 6.67 EPS for the current fiscal year.

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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 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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