The Walt Disney Company (NYSE:DIS) Shares Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its stake in shares of The Walt Disney Company (NYSE:DISFree Report) by 2.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 61,002 shares of the entertainment giant’s stock after acquiring an additional 1,644 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Walt Disney were worth $5,508,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Planned Solutions Inc. acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $26,000. Fortis Group Advisors LLC acquired a new position in shares of Walt Disney during the 3rd quarter valued at about $30,000. Stone House Investment Management LLC grew its holdings in shares of Walt Disney by 355.3% in the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after purchasing an additional 270 shares during the period. Evolution Advisers Inc. increased its position in Walt Disney by 38.2% during the fourth quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock worth $34,000 after purchasing an additional 105 shares during the last quarter. Finally, Orion Capital Management LLC purchased a new position in Walt Disney during the third quarter worth about $35,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $536,448. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the transaction, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $536,448. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director James P. Gorman acquired 20,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, May 8th. The stock was bought at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the purchase, the director now directly owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The disclosure for this purchase can be found here. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

DIS has been the topic of a number of recent analyst reports. Rosenblatt Securities upped their target price on shares of Walt Disney from $129.00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Argus boosted their target price on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. Macquarie lifted their price objective on Walt Disney from $104.00 to $107.00 and gave the company a “neutral” rating in a research note on Monday. Guggenheim increased their target price on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $145.00 target price on shares of Walt Disney in a research report on Tuesday, May 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-three have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $126.58.

Read Our Latest Research Report on DIS

Walt Disney Stock Up 0.0 %

DIS opened at $105.83 on Tuesday. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.69 and a current ratio of 0.75. The stock has a market capitalization of $192.93 billion, a P/E ratio of 115.03, a price-to-earnings-growth ratio of 1.30 and a beta of 1.40. The business’s 50-day simple moving average is $114.09 and its 200-day simple moving average is $101.89.

Walt Disney (NYSE:DISGet Free Report) last issued its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The company had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. During the same quarter in the previous year, the business earned $0.93 earnings per share. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. Analysts anticipate that The Walt Disney Company will post 4.74 EPS for the current year.

Walt Disney Profile

(Free Report)

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

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

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