The Walt Disney Company (NYSE:DIS) Shares Sold by Callan Capital LLC

Callan Capital LLC lessened its holdings in shares of The Walt Disney Company (NYSE:DIS) by 13.9% in the third quarter, Holdings Channel.com reports. The firm owned 3,507 shares of the entertainment giant’s stock after selling 565 shares during the period. Callan Capital LLC’s holdings in The Walt Disney were worth $435,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DIS. Checchi Capital Advisers LLC lifted its holdings in shares of The Walt Disney by 8.0% in the 2nd quarter. Checchi Capital Advisers LLC now owns 24,546 shares of the entertainment giant’s stock worth $2,737,000 after purchasing an additional 1,823 shares during the last quarter. Raymond James Trust N.A. raised its stake in The Walt Disney by 2.3% during the 3rd quarter. Raymond James Trust N.A. now owns 132,233 shares of the entertainment giant’s stock valued at $16,407,000 after acquiring an additional 2,977 shares in the last quarter. Asset Dedication LLC raised its stake in The Walt Disney by 8.2% during the 2nd quarter. Asset Dedication LLC now owns 22,418 shares of the entertainment giant’s stock valued at $2,512,000 after acquiring an additional 1,694 shares in the last quarter. Private Vista LLC raised its stake in The Walt Disney by 26.8% during the 2nd quarter. Private Vista LLC now owns 4,870 shares of the entertainment giant’s stock valued at $545,000 after acquiring an additional 1,028 shares in the last quarter. Finally, Wesbanco Bank Inc. raised its stake in The Walt Disney by 0.9% during the 2nd quarter. Wesbanco Bank Inc. now owns 194,967 shares of the entertainment giant’s stock valued at $21,741,000 after acquiring an additional 1,679 shares in the last quarter. Institutional investors own 62.72% of the company’s stock.

In related news, EVP Brent Woodford sold 2,000 shares of The Walt Disney stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $130.95, for a total transaction of $261,900.00. Following the completion of the sale, the executive vice president now owns 36,620 shares of the company’s stock, valued at $4,795,389. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.31% of the stock is currently owned by company insiders.

DIS has been the topic of several recent analyst reports. Cowen downgraded The Walt Disney from an “outperform” rating to a “market perform” rating and cut their target price for the company from $101.00 to $97.00 in a research note on Thursday, July 16th. Wells Fargo & Company boosted their price objective on The Walt Disney from $120.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Friday, August 14th. Loop Capital raised The Walt Disney from a “hold” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Tuesday, October 13th. Moffett Nathanson boosted their price objective on The Walt Disney from $118.00 to $136.00 and gave the stock a “neutral” rating in a research note on Thursday, October 1st. Finally, ValuEngine raised The Walt Disney from a “hold” rating to a “buy” rating in a research note on Thursday, October 1st. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and nineteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $134.70.

Shares of DIS stock traded down $4.05 on Monday, reaching $124.30. 291,925 shares of the company’s stock traded hands, compared to its average volume of 14,962,406. The company has a market capitalization of $231.94 billion, a P/E ratio of -203.47, a price-to-earnings-growth ratio of 6.24 and a beta of 1.09. The Walt Disney Company has a 12-month low of $79.07 and a 12-month high of $153.41. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.29 and a current ratio of 1.34. The business’s 50 day moving average price is $127.23 and its two-hundred day moving average price is $119.00.

The Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, August 4th. The entertainment giant reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.64) by $0.72. The firm had revenue of $11.80 billion during the quarter, compared to analysts’ expectations of $12.48 billion. The Walt Disney had a positive return on equity of 6.58% and a negative net margin of 1.58%. The business’s revenue for the quarter was down 41.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.35 earnings per share. Research analysts predict that The Walt Disney Company will post 1.62 earnings per share for the current year.

The 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 domestic cable networks under the Disney, ESPN, Freeform, FX, and National Geographic brands; and television broadcast network under the ABC brand, as well as eight owned domestic television stations.

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

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