Bridge Creek Capital Management LLC boosted its position in Walt Disney Co (NYSE:DIS) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,699 shares of the entertainment giant’s stock after acquiring an additional 490 shares during the quarter. Walt Disney accounts for about 2.0% of Bridge Creek Capital Management LLC’s holdings, making the stock its 14th biggest holding. Bridge Creek Capital Management LLC’s holdings in Walt Disney were worth $3,945,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of the stock. Amalgamated Bank raised its holdings in Walt Disney by 49.8% during the second quarter. Amalgamated Bank now owns 180,632 shares of the entertainment giant’s stock worth $19,192,000 after purchasing an additional 60,088 shares in the last quarter. Selway Asset Management raised its holdings in Walt Disney by 3.0% during the third quarter. Selway Asset Management now owns 37,456 shares of the entertainment giant’s stock worth $3,692,000 after purchasing an additional 1,100 shares in the last quarter. Gareth Morgan Investments Limited Partnership acquired a new stake in Walt Disney during the second quarter worth approximately $5,002,000. Baskin Financial Services Inc. raised its holdings in Walt Disney by 5.6% during the third quarter. Baskin Financial Services Inc. now owns 91,396 shares of the entertainment giant’s stock worth $9,009,000 after purchasing an additional 4,835 shares in the last quarter. Finally, Stokes & Hubbell Capital Management LLC raised its holdings in Walt Disney by 5.9% during the third quarter. Stokes & Hubbell Capital Management LLC now owns 42,099 shares of the entertainment giant’s stock worth $4,150,000 after purchasing an additional 2,348 shares in the last quarter. 62.63% of the stock is currently owned by hedge funds and other institutional investors.
DIS has been the topic of a number of research analyst reports. Macquarie raised shares of Walt Disney from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $112.00 to $125.00 in a report on Tuesday, January 2nd. Pivotal Research reissued a “sell” rating and set a $93.00 price objective (up previously from $91.00) on shares of Walt Disney in a report on Tuesday, January 9th. Loop Capital reissued a “buy” rating and set a $106.00 price objective on shares of Walt Disney in a report on Monday, December 11th. Zacks Investment Research cut shares of Walt Disney from a “hold” rating to a “sell” rating in a report on Tuesday, December 19th. Finally, Edward Jones cut shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $118.59.
Walt Disney Co (DIS) traded down $0.86 during trading hours on Tuesday, reaching $104.31. 3,286,201 shares of the company were exchanged, compared to its average volume of 8,320,843. Walt Disney Co has a 1 year low of $96.20 and a 1 year high of $116.10. The company has a current ratio of 0.87, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. The stock has a market cap of $156,740.00, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of 1.79 and a beta of 1.30.
Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.28. The firm had revenue of $15.35 billion for the quarter, compared to analyst estimates of $15.47 billion. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. Walt Disney’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $1.55 EPS. equities research analysts anticipate that Walt Disney Co will post 6.95 earnings per share for the current year.
About Walt Disney
The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.
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