E&G Advisors LP bought a new position in Walt Disney Co (NYSE:DIS) in the 4th quarter, HoldingsChannel.com reports. The firm bought 3,200 shares of the entertainment giant’s stock, valued at approximately $344,000.
Several other institutional investors have also recently added to or reduced their stakes in DIS. Janus Henderson Group PLC lifted its holdings in shares of Walt Disney by 929.6% in the 2nd quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock worth $574,907,000 after acquiring an additional 4,885,398 shares during the last quarter. AJO LP lifted its holdings in shares of Walt Disney by 12,331.6% in the 2nd quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after acquiring an additional 3,273,787 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Walt Disney by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after acquiring an additional 2,131,932 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Walt Disney by 247.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock worth $280,999,000 after acquiring an additional 1,884,600 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of Walt Disney by 48.7% in the 2nd quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock worth $564,561,000 after acquiring an additional 1,740,128 shares during the last quarter. Hedge funds and other institutional investors own 61.23% of the company’s stock.
In other news, Director Aylwin B. Lewis sold 1,797 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $108.39, for a total value of $194,776.83. Following the sale, the director now directly owns 85,636 shares in the company, valued at approximately $9,282,086.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.38% of the stock is currently owned by company insiders.
Shares of Walt Disney Co (NYSE DIS) opened at $103.16 on Thursday. Walt Disney Co has a 1-year low of $96.20 and a 1-year high of $116.10. The firm has a market cap of $157,690.52, a PE ratio of 14.63, a PEG ratio of 1.79 and a beta of 1.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.80.
Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.28. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The business had revenue of $15.35 billion for the quarter, compared to analysts’ expectations of $15.47 billion. During the same period last year, the business earned $1.55 EPS. The company’s revenue was up 3.8% compared to the same quarter last year. sell-side analysts predict that Walt Disney Co will post 6.95 earnings per share for the current fiscal year.
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Walt Disney Company Profile
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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