Allen Capital Group LLC Has $485,000 Holdings in Walt Disney Co (DIS)

Allen Capital Group LLC raised its stake in Walt Disney Co (NYSE:DIS) by 16.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,150 shares of the entertainment giant’s stock after purchasing an additional 586 shares during the quarter. Allen Capital Group LLC’s holdings in Walt Disney were worth $485,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Rothschild Investment Corp IL boosted its stake in shares of Walt Disney by 17.9% during the 3rd quarter. Rothschild Investment Corp IL now owns 48,859 shares of the entertainment giant’s stock worth $5,714,000 after acquiring an additional 7,430 shares during the period. First American Bank acquired a new stake in Walt Disney during the 3rd quarter worth approximately $10,901,000. HRT Financial LLC acquired a new stake in Walt Disney during the 2nd quarter worth approximately $565,000. Carnick & Kubik Group LLC lifted its holdings in Walt Disney by 149.1% during the 2nd quarter. Carnick & Kubik Group LLC now owns 39,689 shares of the entertainment giant’s stock worth $4,160,000 after purchasing an additional 23,755 shares during the last quarter. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its holdings in Walt Disney by 6.6% during the 2nd quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 170,500 shares of the entertainment giant’s stock worth $17,870,000 after purchasing an additional 10,500 shares during the last quarter. Hedge funds and other institutional investors own 62.64% of the company’s stock.

Shares of NYSE DIS opened at $112.08 on Friday. The firm has a market capitalization of $168.26 billion, a price-to-earnings ratio of 15.83, a P/E/G ratio of 1.69 and a beta of 1.17. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 0.32. Walt Disney Co has a fifty-two week low of $97.68 and a fifty-two week high of $120.20.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 8th. The entertainment giant reported $1.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.31 by $0.17. The firm had revenue of $14.30 billion during the quarter, compared to analysts’ expectations of $13.76 billion. Walt Disney had a return on equity of 21.43% and a net margin of 21.20%. The company’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.07 EPS. As a group, equities research analysts forecast that Walt Disney Co will post 7.08 EPS for the current fiscal year.

In other news, EVP Brent Woodford sold 961 shares of the business’s stock in a transaction on Monday, October 1st. The stock was sold at an average price of $117.06, for a total transaction of $112,494.66. Following the completion of the transaction, the executive vice president now owns 25,737 shares of the company’s stock, valued at approximately $3,012,773.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Robert A. Iger sold 47,733 shares of the business’s stock in a transaction on Friday, November 9th. The stock was sold at an average price of $120.00, for a total value of $5,727,960.00. The disclosure for this sale can be found here. Insiders sold a total of 78,838 shares of company stock valued at $9,391,319 over the last ninety days. Insiders own 0.38% of the company’s stock.

DIS has been the subject of several research reports. Morgan Stanley lifted their price target on Walt Disney from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Monday, October 15th. Barclays raised Walt Disney from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $104.00 to $130.00 in a report on Friday, October 19th. Zacks Investment Research raised Walt Disney from a “sell” rating to a “hold” rating in a report on Monday, September 10th. Pivotal Research reissued a “sell” rating and set a $95.00 price target on shares of Walt Disney in a report on Sunday, September 23rd. Finally, B. Riley dropped their price target on Walt Disney from $123.00 to $121.00 and set a “buy” rating for the company in a report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company’s stock. Walt Disney presently has an average rating of “Buy” and an average price target of $121.54.

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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 services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

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

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