Trexquant Investment LP cut its holdings in Walt Disney Co (NYSE:DIS) by 25.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,560 shares of the entertainment giant’s stock after selling 22,476 shares during the period. Walt Disney accounts for approximately 0.5% of Trexquant Investment LP’s portfolio, making the stock its 22nd biggest holding. Trexquant Investment LP’s holdings in Walt Disney were worth $6,333,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. TD Capital Management LLC bought a new position in shares of Walt Disney in the first quarter worth about $29,000. Carolina Wealth Advisors LLC bought a new position in Walt Disney during the fourth quarter valued at about $31,000. Cox Capital Mgt LLC bought a new position in Walt Disney during the first quarter valued at about $34,000. Marquette Asset Management LLC increased its stake in Walt Disney by 3,500.0% during the first quarter. Marquette Asset Management LLC now owns 360 shares of the entertainment giant’s stock valued at $35,000 after acquiring an additional 350 shares during the period. Finally, Horan Securities Inc. bought a new position in Walt Disney during the first quarter valued at about $36,000. Institutional investors and hedge funds own 63.10% of the company’s stock.
Several equities analysts recently issued reports on DIS shares. Bank of America restated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research note on Wednesday, February 26th. JPMorgan Chase & Co. restated a “buy” rating on shares of Walt Disney in a research note on Friday, May 8th. Cfra lowered their price target on Walt Disney from $160.00 to $120.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Wells Fargo & Co lowered Walt Disney from an “overweight” rating to an “equal weight” rating in a research note on Sunday, April 19th. Finally, Moffett Nathanson lowered Walt Disney from a “buy” rating to a “neutral” rating and set a $112.00 price target on the stock. in a research note on Monday, May 4th. Fourteen research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $126.58.
Shares of DIS opened at $118.02 on Friday. The company has a market capitalization of $212.83 billion, a P/E ratio of 39.87, a PEG ratio of 11.04 and a beta of 1.08. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.89. Walt Disney Co has a one year low of $79.07 and a one year high of $153.41. The business’s 50 day simple moving average is $104.80 and its 200-day simple moving average is $127.09.
Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, May 5th. The entertainment giant reported $0.60 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.23). The business had revenue of $18.01 billion during the quarter, compared to analyst estimates of $17.49 billion. Walt Disney had a return on equity of 9.09% and a net margin of 6.88%. The firm’s revenue was up 20.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.61 earnings per share. On average, sell-side analysts anticipate that Walt Disney Co will post 2.09 EPS for the current fiscal year.
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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