Walter & Keenan Financial Consulting Co. MI ADV Reduces Stake in Walt Disney Co (DIS)

Walter & Keenan Financial Consulting Co. MI ADV decreased its stake in shares of Walt Disney Co (NYSE:DIS) by 0.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 31,480 shares of the entertainment giant’s stock after selling 200 shares during the quarter. Walt Disney accounts for 1.6% of Walter & Keenan Financial Consulting Co. MI ADV’s holdings, making the stock its 19th largest position. Walter & Keenan Financial Consulting Co. MI ADV’s holdings in Walt Disney were worth $3,452,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of DIS. Eagle Capital Management LLC grew its holdings in shares of Walt Disney by 2.3% in the 3rd quarter. Eagle Capital Management LLC now owns 26,193 shares of the entertainment giant’s stock worth $3,063,000 after acquiring an additional 589 shares during the period. HC Financial Advisors Inc. grew its holdings in shares of Walt Disney by 12.3% in the 3rd quarter. HC Financial Advisors Inc. now owns 32,000 shares of the entertainment giant’s stock worth $3,742,000 after acquiring an additional 3,495 shares during the period. Lyell Wealth Management LP grew its holdings in shares of Walt Disney by 214.7% in the 3rd quarter. Lyell Wealth Management LP now owns 7,329 shares of the entertainment giant’s stock worth $857,000 after acquiring an additional 5,000 shares during the period. Partnervest Advisory Services LLC grew its holdings in shares of Walt Disney by 40.6% in the 3rd quarter. Partnervest Advisory Services LLC now owns 5,028 shares of the entertainment giant’s stock worth $588,000 after acquiring an additional 1,452 shares during the period. Finally, Buckhead Capital Management LLC grew its holdings in shares of Walt Disney by 6.8% in the 3rd quarter. Buckhead Capital Management LLC now owns 40,847 shares of the entertainment giant’s stock worth $4,777,000 after acquiring an additional 2,605 shares during the period. Institutional investors own 64.61% of the company’s stock.

Shares of DIS opened at $117.16 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current ratio of 1.00. The firm has a market capitalization of $174.21 billion, a P/E ratio of 16.55, a PEG ratio of 3.23 and a beta of 0.91. Walt Disney Co has a twelve month low of $97.68 and a twelve month high of $120.20.

Walt Disney (NYSE:DIS) last issued its earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.27. The business had revenue of $15.30 billion for the quarter, compared to analyst estimates of $15.20 billion. Walt Disney had a return on equity of 20.50% and a net margin of 18.46%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same period last year, the company posted $1.89 EPS. Equities research analysts expect that Walt Disney Co will post 6.88 EPS for the current year.

A number of research firms recently issued reports on DIS. Zacks Investment Research lowered Walt Disney from a “hold” rating to a “sell” rating in a research note on Tuesday, April 2nd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $150.00 target price on shares of Walt Disney in a research note on Monday. BMO Capital Markets upped their target price on Walt Disney from $109.00 to $114.00 and gave the company a “market perform” rating in a research note on Thursday, February 7th. Citigroup assumed coverage on Walt Disney in a research note on Tuesday, April 2nd. They issued a “buy” rating and a $150.00 target price on the stock. Finally, Goldman Sachs Group assumed coverage on Walt Disney in a research note on Thursday, April 4th. They set a “buy” rating and a $142.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and seventeen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $127.44.

In related news, EVP Brent Woodford sold 2,000 shares of the stock in a transaction on Wednesday, February 6th. The stock was sold at an average price of $113.60, for a total value of $227,200.00. Following the transaction, the executive vice president now directly owns 26,517 shares of the company’s stock, valued at approximately $3,012,331.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 4,042 shares of company stock worth $460,637 over the last ninety days. Corporate insiders own 0.36% of the company’s stock.

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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 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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