CHURCHILL MANAGEMENT Corp increased its stake in Walt Disney Co (NYSE:DIS) by 3.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,618 shares of the entertainment giant’s stock after purchasing an additional 2,800 shares during the quarter. CHURCHILL MANAGEMENT Corp’s holdings in Walt Disney were worth $12,461,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Marshall Wace LLP boosted its holdings in shares of Walt Disney by 571.8% during the second quarter. Marshall Wace LLP now owns 1,168,468 shares of the entertainment giant’s stock valued at $163,166,000 after acquiring an additional 994,529 shares during the period. Koshinski Asset Management Inc. boosted its holdings in shares of Walt Disney by 6.4% during the second quarter. Koshinski Asset Management Inc. now owns 11,115 shares of the entertainment giant’s stock valued at $1,552,000 after acquiring an additional 667 shares during the period. Halbert Hargrove Russell LLC acquired a new position in shares of Walt Disney during the second quarter valued at $599,000. Markel Corp lifted its holdings in Walt Disney by 0.9% in the second quarter. Markel Corp now owns 1,823,000 shares of the entertainment giant’s stock worth $254,564,000 after purchasing an additional 16,500 shares during the period. Finally, Cramer Rosenthal Mcglynn LLC acquired a new stake in Walt Disney in the second quarter worth about $15,573,000. Institutional investors and hedge funds own 68.42% of the company’s stock.
Several equities research analysts recently weighed in on the stock. Imperial Capital reduced their price objective on shares of Walt Disney from $140.00 to $139.00 and set an “in-line” rating for the company in a report on Thursday, September 19th. Tigress Financial reissued a “buy” rating on shares of Walt Disney in a report on Monday, August 26th. UBS Group cut their price target on shares of Walt Disney from $165.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday. Needham & Company LLC reissued a “hold” rating on shares of Walt Disney in a report on Friday, September 27th. Finally, Wells Fargo & Co cut their price target on shares of Walt Disney from $173.00 to $167.00 and set an “outperform” rating for the company in a report on Friday. Six analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $150.47.
Walt Disney stock traded up $5.00 during trading hours on Friday, reaching $137.96. 23,891,567 shares of the company were exchanged, compared to its average volume of 7,565,782. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.38. The stock has a 50-day moving average of $131.00 and a 200 day moving average of $136.12. Walt Disney Co has a 12 month low of $100.35 and a 12 month high of $147.15. The firm has a market cap of $248.52 billion, a price-to-earnings ratio of 19.49, a PEG ratio of 4.43 and a beta of 0.96.
Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.12. The firm had revenue of $19.10 billion during the quarter, compared to analyst estimates of $19.02 billion. Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The business’s revenue for the quarter was up 33.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.48 earnings per share. As a group, research analysts forecast that Walt Disney Co will post 5.74 EPS for the current year.
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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