Walt Disney Co (DIS) EVP Sells $225,500.00 in Stock

Walt Disney Co (NYSE:DIS) EVP Brent Woodford sold 2,000 shares of the business’s stock in a transaction on Wednesday, January 9th. The stock was sold at an average price of $112.75, for a total transaction of $225,500.00. Following the transaction, the executive vice president now directly owns 24,513 shares in the company, valued at approximately $2,763,840.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Brent Woodford also recently made the following trade(s):

  • On Friday, January 4th, Brent Woodford sold 294 shares of Walt Disney stock. The shares were sold at an average price of $110.00, for a total transaction of $32,340.00.
  • On Thursday, December 26th, Brent Woodford sold 721 shares of Walt Disney stock. The shares were sold at an average price of $101.13, for a total transaction of $72,914.73.
  • On Wednesday, December 26th, Brent Woodford sold 721 shares of Walt Disney stock. The shares were sold at an average price of $101.13, for a total transaction of $72,914.73.
  • On Friday, December 21st, Brent Woodford sold 1,341 shares of Walt Disney stock. The shares were sold at an average price of $107.71, for a total transaction of $144,439.11.
  • On Wednesday, December 19th, Brent Woodford sold 723 shares of Walt Disney stock. The shares were sold at an average price of $110.10, for a total transaction of $79,602.30.
  • On Wednesday, December 12th, Brent Woodford sold 4,500 shares of Walt Disney stock. The shares were sold at an average price of $113.04, for a total transaction of $508,680.00.

Shares of NYSE:DIS opened at $112.65 on Monday. Walt Disney Co has a 52 week low of $97.68 and a 52 week high of $120.20. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.86 and a current ratio of 0.94. The firm has a market capitalization of $167.73 billion, a PE ratio of 15.91, a PEG ratio of 1.93 and a beta of 1.05.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 8th. The entertainment giant reported $1.48 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.31 by $0.17. Walt Disney had a net margin of 21.20% and a return on equity of 21.43%. The company had revenue of $14.30 billion for the quarter, compared to the consensus estimate of $13.76 billion. During the same quarter in the previous year, the company earned $1.07 EPS. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. On average, sell-side analysts forecast that Walt Disney Co will post 7.05 EPS for the current year.

The company also recently announced a semiannual dividend, which was paid on Thursday, January 10th. Stockholders of record on Monday, December 10th were paid a $0.88 dividend. This represents a dividend yield of 1.51%. The ex-dividend date of this dividend was Friday, December 7th. This is an increase from Walt Disney’s previous semiannual dividend of $0.84. Walt Disney’s payout ratio is currently 24.86%.

Several equities research analysts have issued reports on the stock. ValuEngine raised shares of Walt Disney from a “hold” rating to a “buy” rating in a report on Friday, October 19th. Loop Capital boosted their price target on shares of Walt Disney to $130.00 and gave the company a “buy” rating in a report on Friday, November 9th. Argus boosted their price target on shares of Walt Disney from $129.00 to $135.00 and gave the company a “buy” rating in a report on Monday, November 12th. Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Monday, October 1st. Finally, B. Riley reissued a “neutral” rating on shares of Walt Disney in a report on Friday, November 9th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $122.37.

Several large investors have recently modified their holdings of the company. Highwater Wealth Management LLC acquired a new position in Walt Disney during the 4th quarter worth about $56,000. Canton Hathaway LLC acquired a new position in Walt Disney during the 3rd quarter worth about $107,000. CSat Investment Advisory L.P. acquired a new position in Walt Disney during the 2nd quarter worth about $112,000. Fort L.P. acquired a new position in Walt Disney during the 2nd quarter worth about $121,000. Finally, Lenox Wealth Advisors LLC lifted its position in Walt Disney by 807.2% during the 3rd quarter. Lenox Wealth Advisors LLC now owns 1,134 shares of the entertainment giant’s stock worth $133,000 after buying an additional 1,009 shares in the last quarter. Institutional investors own 62.85% of the company’s stock.

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About Walt Disney

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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