Banco Santander S.A. trimmed its position in The Walt Disney Company (NYSE:DIS - Free Report) by 23.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 101,575 shares of the entertainment giant's stock after selling 31,351 shares during the quarter. Banco Santander S.A.'s holdings in Walt Disney were worth $11,310,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of DIS. Impax Asset Management Group plc raised its holdings in shares of Walt Disney by 4.5% in the 3rd quarter. Impax Asset Management Group plc now owns 644,017 shares of the entertainment giant's stock valued at $61,948,000 after purchasing an additional 27,806 shares during the period. M&G PLC bought a new position in Walt Disney in the 3rd quarter valued at about $1,250,000. Advisor Resource Council bought a new position in Walt Disney in the 3rd quarter valued at about $212,000. Walkner Condon Financial Advisors LLC bought a new position in Walt Disney in the 3rd quarter valued at about $245,000. Finally, Cozad Asset Management Inc. raised its holdings in Walt Disney by 1.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 6,017 shares of the entertainment giant's stock valued at $579,000 after acquiring an additional 110 shares during the period. 65.71% of the stock is owned by institutional investors.
Insider Buying and Selling at Walt Disney
In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the sale, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.16% of the company's stock.
Walt Disney Price Performance
Walt Disney stock traded down $2.37 during mid-day trading on Monday, reaching $103.14. The company had a trading volume of 10,885,653 shares, compared to its average volume of 9,544,489. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The company has a market cap of $186.46 billion, a P/E ratio of 33.60, a P/E/G ratio of 1.80 and a beta of 1.41. The business has a fifty day simple moving average of $110.15 and a 200 day simple moving average of $104.24.
Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on DIS shares. Prescient Securities lowered their price target on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. Evercore ISI increased their price target on shares of Walt Disney from $128.00 to $134.00 and gave the company an "outperform" rating in a report on Monday, November 18th. Loop Capital increased their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Citigroup reissued a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Finally, Macquarie restated a "neutral" rating and set a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Walt Disney has a consensus rating of "Moderate Buy" and a consensus price target of $125.64.
Read Our Latest Stock Analysis on Walt Disney
Walt Disney Company Profile
(
Free Report)
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
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