Geo Capital Gestora de Recursos Ltd Grows Stock Position in The Walt Disney Company (NYSE:DIS)

Geo Capital Gestora de Recursos Ltd lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 10.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 96,389 shares of the entertainment giant’s stock after purchasing an additional 9,051 shares during the quarter. Walt Disney accounts for about 9.7% of Geo Capital Gestora de Recursos Ltd’s holdings, making the stock its 3rd largest position. Geo Capital Gestora de Recursos Ltd’s holdings in Walt Disney were worth $8,703,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DIS. Planned Solutions Inc. purchased a new position in Walt Disney during the fourth quarter worth about $26,000. Gold Investment Management Ltd. purchased a new position in shares of Walt Disney in the 4th quarter worth about $28,000. Fortis Group Advisors LLC purchased a new position in shares of Walt Disney in the 3rd quarter worth about $30,000. Stone House Investment Management LLC boosted its holdings in shares of Walt Disney by 355.3% in the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after purchasing an additional 270 shares in the last quarter. Finally, Partnership Wealth Management LLC purchased a new position in shares of Walt Disney in the 4th quarter worth about $33,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Down 0.1 %

Shares of NYSE:DIS traded down $0.12 during trading on Friday, hitting $99.97. The stock had a trading volume of 7,087,573 shares, compared to its average volume of 8,051,114. The Walt Disney Company has a 12 month low of $78.73 and a 12 month high of $123.74. The company has a market capitalization of $182.25 billion, a PE ratio of 108.66, a PEG ratio of 1.24 and a beta of 1.40. The firm’s fifty day moving average is $107.41 and its 200 day moving average is $103.99. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $22.08 billion during the quarter, compared to analyst estimates of $22.12 billion. During the same quarter in the prior year, the company earned $0.93 EPS. The business’s revenue was up 1.2% compared to the same quarter last year. Analysts anticipate that The Walt Disney Company will post 4.76 EPS for the current fiscal year.

Analyst Ratings Changes

DIS has been the subject of a number of research reports. Raymond James upped their price objective on Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a report on Tuesday, March 26th. UBS Group cut their price objective on Walt Disney from $140.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, May 8th. Daiwa Capital Markets reiterated a “buy” rating and issued a $133.00 price objective on shares of Walt Disney in a report on Monday, April 1st. Argus upped their price objective on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Finally, Evercore ISI lowered their target price on Walt Disney from $130.00 to $128.00 and set an “outperform” rating for the company in a research note on Wednesday, May 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the stock. Based on data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $126.29.

Insider Buying and Selling

In related news, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $106.00, for a total value of $466,400.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $106.00, for a total value of $466,400.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Sonia L. Coleman sold 1,857 shares of the company’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 value of $226,405.44. Following the completion of the sale, the executive vice president now owns 4,400 shares in the company, valued at approximately $536,448. The disclosure for this sale can be found here. 0.10% of the stock is currently owned by company insiders.

About Walt Disney

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.