936 Shares in The Walt Disney Company (NYSE:DIS) Acquired by Frazier Financial Advisors LLC

Frazier Financial Advisors LLC acquired a new stake in The Walt Disney Company (NYSE:DIS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 936 shares of the entertainment giant’s stock, valued at approximately $85,000.

A number of other institutional investors have also made changes to their positions in the stock. Tidemark LLC acquired a new position in shares of Walt Disney during the 4th quarter worth about $111,000. Pzena Investment Management LLC raised its holdings in Walt Disney by 69.3% in the fourth quarter. Pzena Investment Management LLC now owns 1,752,900 shares of the entertainment giant’s stock worth $158,269,000 after purchasing an additional 717,484 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Walt Disney in the 4th quarter valued at $1,128,000. Central Valley Advisors LLC acquired a new stake in Walt Disney during the 4th quarter worth $637,000. Finally, Abbot Financial Management Inc. lifted its holdings in Walt Disney by 1.8% during the fourth quarter. Abbot Financial Management Inc. now owns 10,594 shares of the entertainment giant’s stock worth $957,000 after acquiring an additional 191 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walt Disney

In related news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction on Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at $536,448. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director James P. Gorman bought 20,000 shares of Walt Disney stock in a transaction dated Wednesday, May 8th. The stock was purchased at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the purchase, the director now owns 20,467 shares in the company, valued at $2,170,116.01. The disclosure for this purchase can be found here. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on DIS shares. Evercore ISI decreased their price objective on Walt Disney from $130.00 to $128.00 and set an “outperform” rating for the company in a research report on Wednesday, May 8th. UBS Group cut their price target on Walt Disney from $140.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, May 8th. Macquarie lifted their target price on Walt Disney from $104.00 to $107.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. Redburn Atlantic raised Walt Disney from a “sell” rating to a “neutral” rating and set a $100.00 price target for the company in a research report on Tuesday. Finally, Guggenheim raised their target price on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $125.52.

Walt Disney Trading Down 1.5 %

NYSE DIS traded down $1.51 on Thursday, hitting $101.51. The company’s stock had a trading volume of 4,350,603 shares, compared to its average volume of 11,929,424. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $123.74. The firm has a market cap of $185.06 billion, a PE ratio of 110.18, a PEG ratio of 1.28 and a beta of 1.40. The company’s 50-day moving average is $112.95 and its 200 day moving average is $102.80.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The company had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. During the same quarter in the prior year, the firm posted $0.93 earnings per share. The business’s quarterly revenue was up 1.2% on a year-over-year basis. As a group, analysts predict that The Walt Disney Company will post 4.76 earnings per share for the current fiscal year.

Walt Disney Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.