Carolinas Wealth Consulting LLC decreased its holdings in The Walt Disney Company (NYSE:DIS – Free Report) by 1.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,422 shares of the entertainment giant’s stock after selling 147 shares during the quarter. Carolinas Wealth Consulting LLC’s holdings in Walt Disney were worth $936,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently bought and sold shares of DIS. Gryphon Financial Partners LLC purchased a new position in Walt Disney in the fourth quarter valued at about $603,000. CreativeOne Wealth LLC increased its stake in Walt Disney by 20.1% in the 4th quarter. CreativeOne Wealth LLC now owns 8,128 shares of the entertainment giant’s stock valued at $734,000 after purchasing an additional 1,358 shares in the last quarter. Assetmark Inc. raised its holdings in Walt Disney by 100.0% during the fourth quarter. Assetmark Inc. now owns 30,298 shares of the entertainment giant’s stock worth $2,736,000 after purchasing an additional 15,146 shares during the last quarter. Certified Advisory Corp purchased a new stake in Walt Disney during the fourth quarter worth $1,143,000. Finally, JPL Wealth Management LLC acquired a new stake in Walt Disney in the fourth quarter valued at $1,128,000. Institutional investors and hedge funds own 65.71% of the company’s stock.
Insider Transactions at Walt Disney
In other news, Director Calvin Mcdonald bought 11,756 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was acquired at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the acquisition, the director now owns 22,313 shares of the company’s stock, valued at $1,897,943.78. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.10% of the company’s stock.
Analyst Ratings Changes
View Our Latest Stock Report on Walt Disney
Walt Disney Price Performance
Walt Disney stock opened at $93.59 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. The company has a market cap of $170.62 billion, a price-to-earnings ratio of 101.73, a PEG ratio of 1.31 and a beta of 1.40. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74. The firm has a 50 day moving average price of $90.80 and a 200 day moving average price of $102.16.
Walt Disney (NYSE:DIS – Get Free Report) 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. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The business had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. During the same period in the prior year, the firm posted $1.03 EPS. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. Sell-side analysts predict that The Walt Disney Company will post 4.92 earnings per share for the current year.
About Walt Disney
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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