The Walt Disney Company (NYSE:DIS) Short Interest Down 5.3% in September

The Walt Disney Company (NYSE:DIS) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 21,750,000 shares, a decrease of 5.3% from the August 31st total of 22,960,000 shares. Based on an average daily volume of 10,770,000 shares, the short-interest ratio is currently 2.0 days. Approximately 1.2% of the shares of the stock are sold short.

Insider Transactions at Walt Disney

In related news, Director Calvin Mcdonald acquired 11,756 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was purchased at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the transaction, the director now directly owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Walt Disney

A number of institutional investors have recently modified their holdings of the business. Gryphon Financial Partners LLC bought a new position in shares of Walt Disney in the fourth quarter worth $603,000. Steward Partners Investment Solutions LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at approximately $360,000. Poehling Capital Management INC. raised its position in shares of Walt Disney by 5.4% in the 4th quarter. Poehling Capital Management INC. now owns 51,075 shares of the entertainment giant’s stock valued at $4,612,000 after buying an additional 2,611 shares in the last quarter. CWA Asset Management Group LLC lifted its holdings in shares of Walt Disney by 7.3% during the 4th quarter. CWA Asset Management Group LLC now owns 24,662 shares of the entertainment giant’s stock worth $2,227,000 after acquiring an additional 1,677 shares during the period. Finally, NEOS Investment Management LLC boosted its position in shares of Walt Disney by 21.9% during the 4th quarter. NEOS Investment Management LLC now owns 30,074 shares of the entertainment giant’s stock worth $2,715,000 after acquiring an additional 5,393 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 0.2 %

Shares of Walt Disney stock traded up $0.17 on Monday, reaching $96.18. 7,982,577 shares of the company were exchanged, compared to its average volume of 11,191,426. The company has a market capitalization of $175.34 billion, a price-to-earnings ratio of 104.54, a PEG ratio of 1.53 and a beta of 1.40. Walt Disney has a one year low of $78.73 and a one year high of $123.74. The company has a 50-day moving average of $90.44 and a 200 day moving average of $101.11. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.19. The firm had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.03 earnings per share. On average, equities research analysts forecast that Walt Disney will post 4.92 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on DIS shares. Loop Capital cut their price target on Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, July 30th. Needham & Company LLC restated a “buy” rating and set a $110.00 target price on shares of Walt Disney in a research report on Thursday. Wells Fargo & Company cut their price target on shares of Walt Disney from $136.00 to $116.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. The Goldman Sachs Group started coverage on shares of Walt Disney in a report on Tuesday, June 25th. They set a “buy” rating and a $125.00 price objective for the company. Finally, Barclays cut their target price on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. According to MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $118.43.

Walt Disney Company Profile

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.