Allen Capital Group LLC Purchases 1,102 Shares of Walt Disney Co (DIS)

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Allen Capital Group LLC raised its position in Walt Disney Co (NYSE:DIS) by 26.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 5,252 shares of the entertainment giant’s stock after buying an additional 1,102 shares during the period. Allen Capital Group LLC’s holdings in Walt Disney were worth $583,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DIS. Contravisory Investment Management Inc. lifted its stake in shares of Walt Disney by 176.4% in the 4th quarter. Contravisory Investment Management Inc. now owns 409 shares of the entertainment giant’s stock valued at $45,000 after purchasing an additional 261 shares during the period. Watermark Asset Management Inc. lifted its stake in shares of Walt Disney by 52.2% in the 4th quarter. Watermark Asset Management Inc. now owns 446 shares of the entertainment giant’s stock valued at $49,000 after purchasing an additional 153 shares during the period. Highwater Wealth Management LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $56,000. CX Institutional acquired a new position in shares of Walt Disney in the 4th quarter valued at $80,000. Finally, Quantamental Technologies LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $93,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

In related news, EVP Brent Woodford sold 294 shares of the firm’s stock in a transaction on Friday, January 4th. The stock was sold at an average price of $110.00, for a total transaction of $32,340.00. Following the sale, the executive vice president now owns 26,513 shares of the company’s stock, valued at approximately $2,916,430. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Alan N. Braverman sold 1,153 shares of the firm’s stock in a transaction on Friday, December 28th. The stock was sold at an average price of $107.70, for a total value of $124,178.10. Following the sale, the executive vice president now directly owns 106,390 shares in the company, valued at approximately $11,458,203. The disclosure for this sale can be found here. Insiders have sold a total of 10,084 shares of company stock worth $1,112,663 in the last ninety days. 0.36% of the stock is currently owned by company insiders.

A number of research analysts have recently weighed in on DIS shares. Imperial Capital raised Walt Disney from an “in-line” rating to an “outperform” rating and increased their price target for the company from $113.00 to $129.00 in a research note on Tuesday, November 27th. Wolfe Research initiated coverage on Walt Disney in a research note on Friday, December 7th. They issued an “outperform” rating on the stock. Zacks Investment Research downgraded Walt Disney from a “hold” rating to a “sell” rating in a research note on Monday, December 17th. Credit Suisse Group reaffirmed a “hold” rating and set a $114.00 price objective on shares of Walt Disney in a research note on Tuesday, January 22nd. Finally, BMO Capital Markets raised their price objective on Walt Disney from $109.00 to $114.00 and gave the stock a “market perform” rating in a research note on Thursday, February 7th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company’s stock. Walt Disney has a consensus rating of “Buy” and an average price target of $124.84.

Shares of Walt Disney stock opened at $107.79 on Tuesday. The firm has a market cap of $161.35 billion, a P/E ratio of 15.22, a price-to-earnings-growth ratio of 2.92 and a beta of 0.91. Walt Disney Co has a 12 month low of $97.68 and a 12 month high of $120.20. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current ratio of 1.00.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, February 5th. The entertainment giant reported $1.84 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.57 by $0.27. The business had revenue of $15.30 billion for the quarter, compared to the consensus estimate of $15.20 billion. Walt Disney had a return on equity of 20.50% and a net margin of 18.46%. The firm’s revenue was down .3% compared to the same quarter last year. During the same quarter last year, the business posted $1.89 EPS. On average, analysts expect that Walt Disney Co will post 7.05 EPS for the current year.

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Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

Further Reading: What is Considered a Good Return on Equity (ROE)?

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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