The Walt Disney Company (NYSE:DIS) CFO Sells $1,586,000.00 in Stock

The Walt Disney Company (NYSE:DIS) CFO Christine M. Mccarthy sold 10,000 shares of Walt Disney stock in a transaction dated Wednesday, January 12th. The stock was sold at an average price of $158.60, for a total transaction of $1,586,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

NYSE DIS opened at $151.94 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. The firm has a market cap of $276.18 billion, a PE ratio of 139.39, a price-to-earnings-growth ratio of 1.63 and a beta of 1.19. The company has a 50 day moving average price of $154.33 and a 200 day moving average price of $168.93. The Walt Disney Company has a 52 week low of $142.04 and a 52 week high of $203.02.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, November 10th. The entertainment giant reported $0.37 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.13). The firm had revenue of $18.53 billion for the quarter, compared to the consensus estimate of $18.85 billion. Walt Disney had a return on equity of 4.86% and a net margin of 2.96%. During the same quarter last year, the firm earned ($0.20) EPS. On average, equities research analysts anticipate that The Walt Disney Company will post 4.21 earnings per share for the current fiscal year.

A number of equities analysts recently commented on DIS shares. Macquarie dropped their price target on shares of Walt Disney from $195.00 to $185.00 and set an “outperform” rating for the company in a research note on Tuesday, December 14th. Moffett Nathanson dropped their price target on shares of Walt Disney from $185.00 to $180.00 and set a “neutral” rating for the company in a research note on Monday, October 18th. Wolfe Research dropped their price target on shares of Walt Disney from $209.00 to $200.00 and set an “outperform” rating for the company in a research note on Thursday, November 11th. Bank of America decreased their price objective on shares of Walt Disney from $223.00 to $191.00 and set a “buy” rating for the company in a report on Thursday, November 11th. Finally, Tigress Financial lifted their price objective on shares of Walt Disney from $227.00 to $229.00 and gave the company a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-one have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $196.64.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Farmers & Merchants Investments Inc. grew its position in Walt Disney by 3.4% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 140,183 shares of the entertainment giant’s stock worth $21,713,000 after purchasing an additional 4,604 shares during the last quarter. Culbertson A N & Co Inc grew its position in Walt Disney by 3.9% during the 4th quarter. Culbertson A N & Co Inc now owns 38,403 shares of the entertainment giant’s stock worth $5,948,000 after purchasing an additional 1,437 shares during the last quarter. Garrett Investment Advisors LLC grew its position in Walt Disney by 9.4% during the 4th quarter. Garrett Investment Advisors LLC now owns 5,081 shares of the entertainment giant’s stock worth $787,000 after purchasing an additional 437 shares during the last quarter. Acropolis Investment Management LLC grew its position in Walt Disney by 0.6% during the 4th quarter. Acropolis Investment Management LLC now owns 11,785 shares of the entertainment giant’s stock worth $1,825,000 after purchasing an additional 76 shares during the last quarter. Finally, Edge Wealth Management LLC grew its position in Walt Disney by 5.9% during the 4th quarter. Edge Wealth Management LLC now owns 83,113 shares of the entertainment giant’s stock worth $12,873,000 after purchasing an additional 4,642 shares during the last quarter. Hedge funds and other institutional investors own 63.93% of the company’s stock.

Walt Disney Company Profile

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.

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Insider Buying and Selling by Quarter for Walt Disney (NYSE:DIS)

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