Walt Disney Co (NYSE:DIS) Shares Purchased by Mascoma Wealth Management LLC

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Mascoma Wealth Management LLC boosted its position in Walt Disney Co (NYSE:DIS) by 2.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,736 shares of the entertainment giant’s stock after purchasing an additional 200 shares during the period. Walt Disney makes up about 0.7% of Mascoma Wealth Management LLC’s portfolio, making the stock its 25th largest holding. Mascoma Wealth Management LLC’s holdings in Walt Disney were worth $1,080,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. BlackRock Inc. increased its holdings in shares of Walt Disney by 6.5% in the fourth quarter. BlackRock Inc. now owns 92,790,946 shares of the entertainment giant’s stock valued at $10,174,527,000 after buying an additional 5,639,712 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Walt Disney by 14,778.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 53,195,820 shares of the entertainment giant’s stock valued at $485,000 after buying an additional 52,838,274 shares in the last quarter. FMR LLC increased its holdings in shares of Walt Disney by 37.2% in the first quarter. FMR LLC now owns 33,901,641 shares of the entertainment giant’s stock valued at $3,764,098,000 after buying an additional 9,190,235 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Walt Disney by 4.5% in the fourth quarter. Northern Trust Corp now owns 21,001,994 shares of the entertainment giant’s stock valued at $2,302,868,000 after buying an additional 896,051 shares in the last quarter. Finally, Clearbridge Investments LLC increased its holdings in shares of Walt Disney by 10.5% in the first quarter. Clearbridge Investments LLC now owns 10,855,844 shares of the entertainment giant’s stock valued at $1,205,324,000 after buying an additional 1,031,035 shares in the last quarter. Hedge funds and other institutional investors own 64.50% of the company’s stock.

In other news, EVP Alan N. Braverman sold 94,462 shares of the company’s stock in a transaction on Friday, July 5th. The shares were sold at an average price of $141.18, for a total value of $13,336,145.16. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $144.25, for a total transaction of $288,500.00. The disclosure for this sale can be found here. Insiders sold 158,423 shares of company stock worth $22,284,125 over the last ninety days. 0.36% of the stock is currently owned by company insiders.

NYSE:DIS traded up $1.65 during trading hours on Tuesday, hitting $137.40. 143,068 shares of the stock traded hands, compared to its average volume of 9,598,825. The business’s 50 day simple moving average is $141.52. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.38. Walt Disney Co has a fifty-two week low of $100.35 and a fifty-two week high of $147.15. The firm has a market capitalization of $249.53 billion, a price-to-earnings ratio of 19.43, a price-to-earnings-growth ratio of 4.33 and a beta of 0.96.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, August 6th. The entertainment giant reported $1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.76 by ($0.41). Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. The firm had revenue of $20.25 billion for the quarter, compared to analyst estimates of $21.40 billion. During the same period last year, the firm earned $1.87 earnings per share. Walt Disney’s revenue for the quarter was up 32.9% compared to the same quarter last year. Equities analysts anticipate that Walt Disney Co will post 6.35 EPS for the current fiscal year.

The company also recently announced a Semi-Annual dividend, which was paid on Thursday, July 25th. Shareholders of record on Monday, July 8th were paid a dividend of $0.88 per share. The ex-dividend date of this dividend was Friday, July 5th. Walt Disney’s dividend payout ratio (DPR) is currently 24.86%.

DIS has been the topic of several research reports. Guggenheim reaffirmed a “buy” rating and issued a $157.00 price target on shares of Walt Disney in a report on Tuesday, April 23rd. Imperial Capital upped their price target on Walt Disney from $139.00 to $147.00 and gave the company an “outperform” rating in a report on Tuesday, May 7th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $175.00 price target on shares of Walt Disney in a report on Monday, May 6th. Credit Suisse Group reaffirmed a “buy” rating and issued a $150.00 price target on shares of Walt Disney in a report on Thursday, August 8th. Finally, BMO Capital Markets upped their price target on Walt Disney from $140.00 to $170.00 and gave the company an “outperform” rating in a report on Tuesday, May 7th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twenty have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $148.61.

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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