The Walt Disney Company (NYSE:DIS) CFO Christine M. Mccarthy Sells 10,000 Shares

The Walt Disney Company (NYSE:DIS) CFO Christine M. Mccarthy sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, January 14th. The shares were sold at an average price of $152.06, for a total value of $1,520,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of DIS opened at $151.94 on Friday. The stock has a fifty day moving average price of $154.33 and a two-hundred day moving average price of $168.93. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 1.08. The Walt Disney Company has a 52-week low of $142.04 and a 52-week high of $203.02. The company has a market cap of $276.18 billion, a price-to-earnings ratio of 139.39, a PEG ratio of 1.63 and a beta of 1.19.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, November 10th. The entertainment giant reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.13). The firm had revenue of $18.53 billion for the quarter, compared to the consensus estimate of $18.85 billion. Walt Disney had a return on equity of 4.86% and a net margin of 2.96%. During the same quarter in the previous year, the firm earned ($0.20) EPS. As a group, research analysts predict that The Walt Disney Company will post 4.21 EPS for the current fiscal year.

A number of analysts have issued reports on the company. Zacks Investment Research lowered Walt Disney from a “hold” rating to a “strong sell” rating and set a $128.00 target price on the stock. in a report on Tuesday, December 14th. Rosenblatt Securities reissued a “buy” rating and set a $219.00 price objective on shares of Walt Disney in a report on Wednesday, November 10th. Deutsche Bank Aktiengesellschaft decreased their price objective on Walt Disney from $200.00 to $191.00 and set a “buy” rating on the stock in a report on Monday, November 15th. Macquarie decreased their price objective on Walt Disney from $195.00 to $185.00 and set an “outperform” rating on the stock in a report on Tuesday, December 14th. Finally, JPMorgan Chase & Co. decreased their price objective on Walt Disney from $230.00 to $220.00 and set an “overweight” rating on the stock in a report on Thursday, November 11th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twenty-one have given a buy rating to the stock. Based on data from MarketBeat, Walt Disney has an average rating of “Buy” and a consensus price target of $196.64.

Hedge funds have recently added to or reduced their stakes in the company. Nikko Asset Management Americas Inc. raised its position in shares of Walt Disney by 0.8% during the third quarter. Nikko Asset Management Americas Inc. now owns 832,277 shares of the entertainment giant’s stock worth $141,903,000 after acquiring an additional 6,721 shares during the last quarter. Avidian Wealth Solutions LLC raised its position in shares of Walt Disney by 35.8% during the third quarter. Avidian Wealth Solutions LLC now owns 13,651 shares of the entertainment giant’s stock worth $2,309,000 after acquiring an additional 3,599 shares during the last quarter. Amundi bought a new stake in shares of Walt Disney during the second quarter worth $1,036,444,000. Epoch Investment Partners Inc. raised its position in shares of Walt Disney by 10.4% during the second quarter. Epoch Investment Partners Inc. now owns 504,278 shares of the entertainment giant’s stock worth $88,637,000 after acquiring an additional 47,313 shares during the last quarter. Finally, Eudaimonia Partners LLC raised its position in shares of Walt Disney by 20.2% during the second quarter. Eudaimonia Partners LLC now owns 17,470 shares of the entertainment giant’s stock worth $3,071,000 after acquiring an additional 2,934 shares during the last quarter. Institutional investors own 63.93% of the company’s stock.

Walt Disney Company Profile

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.

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Insider Buying and Selling by Quarter for Walt Disney (NYSE:DIS)

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