Walt Disney Co (NYSE:DIS) Shares Sold by Chiron Investment Management LLC

Chiron Investment Management LLC decreased its position in shares of Walt Disney Co (NYSE:DIS) by 0.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 413,969 shares of the entertainment giant’s stock after selling 383 shares during the period. Walt Disney accounts for approximately 5.7% of Chiron Investment Management LLC’s portfolio, making the stock its 2nd biggest holding. Chiron Investment Management LLC’s holdings in Walt Disney were worth $45,392,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Boltwood Capital Management boosted its stake in Walt Disney by 0.4% during the 4th quarter. Boltwood Capital Management now owns 22,637 shares of the entertainment giant’s stock valued at $2,482,000 after purchasing an additional 94 shares in the last quarter. Stockman Wealth Management Inc. boosted its position in shares of Walt Disney by 1.0% in the fourth quarter. Stockman Wealth Management Inc. now owns 9,392 shares of the entertainment giant’s stock worth $1,030,000 after buying an additional 95 shares during the period. First National Bank of Hutchinson boosted its position in shares of Walt Disney by 4.0% in the fourth quarter. First National Bank of Hutchinson now owns 2,527 shares of the entertainment giant’s stock worth $277,000 after buying an additional 97 shares during the period. Investors Asset Management of Georgia Inc. GA ADV boosted its position in shares of Walt Disney by 0.8% in the fourth quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 13,091 shares of the entertainment giant’s stock worth $1,435,000 after buying an additional 100 shares during the period. Finally, Inspirion Wealth Advisors LLC boosted its position in shares of Walt Disney by 5.3% in the fourth quarter. Inspirion Wealth Advisors LLC now owns 1,987 shares of the entertainment giant’s stock worth $218,000 after buying an additional 100 shares during the period. 64.14% of the stock is currently owned by institutional investors and hedge funds.

NYSE DIS traded up $2.01 on Monday, reaching $141.65. The company had a trading volume of 8,966,314 shares, compared to its average volume of 11,346,877. The firm has a market cap of $251.87 billion, a price-to-earnings ratio of 20.01, a price-to-earnings-growth ratio of 3.75 and a beta of 0.96. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 0.36. Walt Disney Co has a 1-year low of $100.35 and a 1-year high of $143.51. The stock’s fifty day moving average price is $136.63.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, May 8th. The entertainment giant reported $1.61 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.59 by $0.02. Walt Disney had a net margin of 22.55% and a return on equity of 15.67%. The firm had revenue of $14.92 billion during the quarter, compared to analyst estimates of $14.53 billion. During the same period in the prior year, the business earned $1.84 EPS. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. Research analysts anticipate that Walt Disney Co will post 6.63 earnings per share for the current year.

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, July 5th. Walt Disney’s dividend payout ratio is 24.86%.

Several analysts have recently commented on DIS shares. Bank of America raised their target price on Walt Disney from $144.00 to $168.00 and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Guggenheim reaffirmed a “buy” rating and issued a $157.00 target price on shares of Walt Disney in a research report on Tuesday, April 23rd. UBS Group raised their target price on Walt Disney from $128.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Rosenblatt Securities reiterated a “buy” rating and set a $175.00 price objective on shares of Walt Disney in a report on Monday, May 6th. Finally, Citigroup increased their price objective on Walt Disney from $132.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, May 8th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $146.27.

In other news, EVP Brent Woodford sold 4,000 shares of the stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $135.24, for a total transaction of $540,960.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Zenia B. Mucha sold 49,561 shares of the stock in a transaction dated Wednesday, June 19th. The stock was sold at an average price of $140.00, for a total transaction of $6,938,540.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 94,961 shares of company stock valued at $12,912,520. Company insiders own 0.36% of the company’s stock.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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