Lumature Wealth Partners LLC increased its position in shares of The Walt Disney Company (NYSE:DIS – Get Rating) by 7.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,179 shares of the entertainment giant’s stock after purchasing an additional 514 shares during the period. Lumature Wealth Partners LLC’s holdings in Walt Disney were worth $1,112,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. GeoWealth Management LLC bought a new stake in shares of Walt Disney during the 3rd quarter valued at $25,000. Syverson Strege & Co raised its position in shares of Walt Disney by 384.8% during the 4th quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant’s stock valued at $25,000 after purchasing an additional 127 shares during the period. Sandy Cove Advisors LLC bought a new stake in shares of Walt Disney during the 4th quarter valued at $27,000. Advanced Research Investment Solutions LLC raised its position in shares of Walt Disney by 46.0% during the 4th quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant’s stock valued at $36,000 after purchasing an additional 75 shares during the period. Finally, CarsonAllaria Wealth Management Ltd. bought a new stake in shares of Walt Disney during the 4th quarter valued at $48,000. Hedge funds and other institutional investors own 64.17% of the company’s stock.
In other Walt Disney news, EVP Brent Woodford sold 226 shares of the business’s stock in a transaction dated Thursday, March 10th. The shares were sold at an average price of $132.50, for a total value of $29,945.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by insiders.
Walt Disney (NYSE:DIS – Get Rating) last released its quarterly earnings data on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.11). Walt Disney had a net margin of 3.46% and a return on equity of 6.91%. During the same quarter in the previous year, the firm earned $0.79 earnings per share. Sell-side analysts forecast that The Walt Disney Company will post 4.48 EPS for the current year.
A number of analysts have issued reports on the stock. Rosenblatt Securities assumed coverage on shares of Walt Disney in a report on Tuesday, April 19th. They issued a “buy” rating and a $177.00 price target on the stock. Citigroup reduced their price target on shares of Walt Disney from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, February 17th. Evercore ISI reduced their price target on shares of Walt Disney from $200.00 to $190.00 and set an “outperform” rating on the stock in a report on Thursday, February 10th. Barclays reduced their price target on shares of Walt Disney from $168.00 to $130.00 in a report on Friday. Finally, Tigress Financial reiterated a “buy” rating and issued a $229.00 price target on shares of Walt Disney in a report on Friday, April 1st. Two analysts have rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $175.65.
Walt Disney Company Profile (Get Rating)
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.
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