Tradewinds Capital Management LLC Boosts Position in Walt Disney Company (The) (DIS)

Tradewinds Capital Management LLC Boosts Position in Walt Disney Company (The) (DIS)

Tradewinds Capital Management LLC boosted its position in shares of Walt Disney Company (The) (NYSE:DIS) by 0.0% during the third quarter, Holdings Channel reports. The institutional investor owned 6,410 shares of the entertainment giant’s stock after buying an additional 3 shares during the period. Tradewinds Capital Management LLC’s holdings in Walt Disney Company (The) were worth $595,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Capital Management Corp VA increased its position in Walt Disney Company (The) by 1.3% in the second quarter. Capital Management Corp VA now owns 48,570 shares of the entertainment giant’s stock worth $4,751,000 after buying an additional 632 shares in the last quarter. Willingdon Wealth Management raised its stake in Walt Disney Company (The) by 7.7% in the second quarter. Willingdon Wealth Management now owns 35,724 shares of the entertainment giant’s stock valued at $3,495,000 after buying an additional 2,565 shares during the last quarter. Duncker Streett & Co. Inc. raised its stake in Walt Disney Company (The) by 5.9% in the second quarter. Duncker Streett & Co. Inc. now owns 10,490 shares of the entertainment giant’s stock valued at $1,026,000 after buying an additional 580 shares during the last quarter. Delta Asset Management LLC TN raised its stake in Walt Disney Company (The) by 0.5% in the second quarter. Delta Asset Management LLC TN now owns 239,572 shares of the entertainment giant’s stock valued at $23,435,000 after buying an additional 1,077 shares during the last quarter. Finally, Mizuho Securities USA Inc. bought a new stake in Walt Disney Company (The) during the second quarter valued at $585,000. Hedge funds and other institutional investors own 58.31% of the company’s stock.

Walt Disney Company (NYSE:DIS) traded up 0.782% during trading on Friday, reaching $108.905. The company’s stock had a trading volume of 2,553,746 shares. The company has a market capitalization of $173.32 billion, a PE ratio of 19.006 and a beta of 1.23. The company has a 50 day moving average price of $106.29 and a 200-day moving average price of $97.93. Walt Disney Company has a 52 week low of $86.25 and a 52 week high of $109.49.

Walt Disney Company (The) (NYSE:DIS) last issued its earnings results on Thursday, November 10th. The entertainment giant reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.16 by $0.06. The business had revenue of $13.14 billion for the quarter, compared to analysts’ expectations of $13.71 billion. Walt Disney Company (The) had a return on equity of 19.81% and a net margin of 16.88%. The business’s quarterly revenue was down 2.7% on a year-over-year basis. During the same period last year, the company posted $1.20 earnings per share. Equities research analysts anticipate that Walt Disney Company will post $5.91 earnings per share for the current year.

The company also recently disclosed a semiannual dividend, which was paid on Wednesday, January 11th. Investors of record on Monday, December 12th were paid a $0.78 dividend. This is an increase from Walt Disney Company (The)’s previous semiannual dividend of $0.71. This represents a yield of 1.58%. The ex-dividend date of this dividend was Thursday, December 8th. Walt Disney Company (The)’s dividend payout ratio (DPR) is presently 27.27%.

Several research firms recently weighed in on DIS. Piper Jaffray Companies set a $130.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a report on Friday. Evercore ISI upgraded Walt Disney Company (The) from a “hold” rating to a “buy” rating and increased their price target for the company from $103.00 to $120.00 in a report on Thursday, January 19th. RBC Capital Markets upgraded Walt Disney Company (The) from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $101.00 to $130.00 in a report on Thursday, January 19th. Barclays PLC set a $99.00 price target on Walt Disney Company (The) and gave the company a “hold” rating in a report on Thursday, January 19th. Finally, Citigroup Inc. increased their price target on Walt Disney Company (The) from $117.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, January 18th. Five equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twenty have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $112.58.

In related news, EVP Brent Woodford sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, December 8th. The stock was sold at an average price of $103.72, for a total value of $259,300.00. Following the completion of the transaction, the executive vice president now directly owns 30,245 shares of the company’s stock, valued at approximately $3,137,011.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Alan N. Braverman sold 19,871 shares of the firm’s stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $99.00, for a total value of $1,967,229.00. Following the completion of the transaction, the executive vice president now directly owns 135,614 shares of the company’s stock, valued at $13,425,786. The disclosure for this sale can be found here. Insiders sold a total of 31,108 shares of company stock valued at $3,151,163 over the last ninety days. 0.38% of the stock is currently owned by company insiders.

About Walt Disney Company (The)

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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