Wilkins Investment Counsel Inc. maintained its stake in shares of Walt Disney Co (NYSE:DIS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,500 shares of the entertainment giant’s stock at the end of the fourth quarter. Wilkins Investment Counsel Inc.’s holdings in Walt Disney were worth $1,928,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Carnick & Kubik Group LLC acquired a new position in shares of Walt Disney during the second quarter worth $1,466,000. Cacti Asset Management LLC increased its position in shares of Walt Disney by 4.1% in the third quarter. Cacti Asset Management LLC now owns 401,893 shares of the entertainment giant’s stock worth $37,320,000 after buying an additional 15,700 shares during the last quarter. Cullinan Associates Inc. increased its position in shares of Walt Disney by 1.4% in the third quarter. Cullinan Associates Inc. now owns 96,166 shares of the entertainment giant’s stock worth $8,930,000 after buying an additional 1,288 shares during the last quarter. Washington Trust Bank increased its position in shares of Walt Disney by 2.3% in the third quarter. Washington Trust Bank now owns 38,466 shares of the entertainment giant’s stock worth $3,572,000 after buying an additional 860 shares during the last quarter. Finally, Eqis Capital Management Inc. increased its position in shares of Walt Disney by 0.5% in the third quarter. Eqis Capital Management Inc. now owns 11,254 shares of the entertainment giant’s stock worth $1,045,000 after buying an additional 52 shares during the last quarter. 58.65% of the stock is owned by hedge funds and other institutional investors.
Walt Disney Co (NYSE:DIS) opened at 112.71 on Tuesday. The company has a market cap of $178.22 billion, a PE ratio of 20.34 and a beta of 1.25. The company has a 50-day moving average price of $110.49 and a 200-day moving average price of $101.34. Walt Disney Co has a 1-year low of $90.32 and a 1-year high of $113.16.
Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, February 7th. The entertainment giant reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.05. Walt Disney had a net margin of 16.29% and a return on equity of 19.43%. The business earned $14.78 billion during the quarter, compared to the consensus estimate of $15.30 billion. During the same quarter in the previous year, the firm posted $1.63 EPS. The firm’s revenue was down 3.0% on a year-over-year basis. On average, analysts expect that Walt Disney Co will post $5.94 EPS for the current fiscal year.
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DIS has been the topic of a number of research analyst reports. Royal Bank of Canada upgraded Walt Disney from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $101.00 to $130.00 in a research note on Thursday, January 5th. Instinet restated a “buy” rating and issued a $120.00 target price on shares of Walt Disney in a research note on Wednesday, March 8th. Sanford C. Bernstein restated a “hold” rating and issued a $102.00 target price on shares of Walt Disney in a research note on Thursday, December 1st. Cowen and Company set a $90.00 target price on Walt Disney and gave the stock a “hold” rating in a research note on Wednesday, December 7th. Finally, Goldman Sachs Group Inc upgraded Walt Disney from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $109.00 to $134.00 in a research note on Tuesday, February 7th. Five equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nineteen have given a buy rating to the company’s stock. Walt Disney presently has an average rating of “Hold” and a consensus price target of $114.84.
In other Walt Disney news, EVP Brent Woodford sold 2,000 shares of Walt Disney stock in a transaction that occurred on Monday, January 30th. The shares were sold at an average price of $110.50, for a total value of $221,000.00. Following the completion of the sale, the executive vice president now owns 27,745 shares of the company’s stock, valued at approximately $3,065,822.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 6,925 shares of company stock valued at $747,764. 13.00% of the stock is currently owned by insiders.
Walt Disney Company Profile
The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.
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