Walt Disney Co (NYSE:DIS) Stake Lessened by Quest Capital Management Inc. ADV

Share on StockTwits

Quest Capital Management Inc. ADV trimmed its position in shares of Walt Disney Co (NYSE:DIS) by 98.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,753 shares of the entertainment giant’s stock after selling 228,133 shares during the period. Quest Capital Management Inc. ADV’s holdings in Walt Disney were worth $384,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Advisors Asset Management Inc. lifted its holdings in Walt Disney by 13.3% in the fourth quarter. Advisors Asset Management Inc. now owns 44,006 shares of the entertainment giant’s stock valued at $4,825,000 after acquiring an additional 5,162 shares during the period. Gantzert Investment Co. LLC ADV acquired a new position in Walt Disney in the 4th quarter valued at $2,277,000. Buckingham Capital Management Inc. grew its holdings in Walt Disney by 0.5% in the 4th quarter. Buckingham Capital Management Inc. now owns 60,000 shares of the entertainment giant’s stock valued at $6,579,000 after buying an additional 305 shares in the last quarter. Portfolio Solutions LLC purchased a new stake in Walt Disney in the 4th quarter valued at $43,000. Finally, Whitener Capital Management Inc. grew its holdings in Walt Disney by 41.6% in the 4th quarter. Whitener Capital Management Inc. now owns 3,371 shares of the entertainment giant’s stock valued at $369,000 after buying an additional 991 shares in the last quarter. Institutional investors and hedge funds own 64.27% of the company’s stock.

Shares of NYSE:DIS opened at $135.43 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.38. Walt Disney Co has a 1 year low of $100.35 and a 1 year high of $147.15. The business has a fifty day simple moving average of $140.55 and a 200 day simple moving average of $129.18. The firm has a market cap of $243.42 billion, a price-to-earnings ratio of 19.13, a P/E/G ratio of 4.47 and a beta of 0.96.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 6th. The entertainment giant reported $1.35 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.76 by ($0.41). Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The firm had revenue of $20.25 billion for the quarter, compared to analysts’ expectations of $21.40 billion. During the same quarter in the prior year, the business posted $1.87 earnings per share. Walt Disney’s revenue was up 32.9% on a year-over-year basis. On average, sell-side analysts forecast that Walt Disney Co will post 6 EPS for the current year.

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 25th. Investors of record on Monday, July 8th were issued a dividend of $0.88 per share. The ex-dividend date was Friday, July 5th. Walt Disney’s dividend payout ratio is 24.86%.

A number of equities analysts have recently weighed in on the company. Citigroup reiterated a “buy” rating and set a $160.00 price target (up from $132.00) on shares of Walt Disney in a report on Thursday, June 6th. Needham & Company LLC reaffirmed a “hold” rating on shares of Walt Disney in a research report on Wednesday, August 7th. Bank of America set a $168.00 target price on Walt Disney and gave the stock a “buy” rating in a research report on Monday, June 24th. Credit Suisse Group reissued a “buy” rating and set a $150.00 target price on shares of Walt Disney in a research report on Thursday, August 8th. Finally, Zacks Investment Research upgraded Walt Disney from a “strong sell” rating to a “hold” rating and set a $120.00 price target on the stock in a research note on Tuesday, July 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $148.22.

In other Walt Disney news, EVP Brent Woodford sold 2,000 shares of the stock in a transaction on Thursday, July 11th. The shares were sold at an average price of $144.25, for a total transaction of $288,500.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Alan N. Braverman sold 94,462 shares of the stock in a transaction on Friday, July 5th. The stock was sold at an average price of $141.18, for a total transaction of $13,336,145.16. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 154,423 shares of company stock valued at $21,743,165. 0.36% of the stock is owned by corporate insiders.

Walt Disney 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.

See Also: Fundamental Analysis

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Co (NYSE:DIS).

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

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Herzfeld Caribbean Basin Fund, Inc.  to Issue — Dividend of $0.28
Herzfeld Caribbean Basin Fund, Inc. to Issue — Dividend of $0.28
Analysts Anticipate J & J Snack Foods Corp  Will Post Earnings of $1.43 Per Share
Analysts Anticipate J & J Snack Foods Corp Will Post Earnings of $1.43 Per Share
Synopsys, Inc.  Expected to Announce Earnings of $0.73 Per Share
Synopsys, Inc. Expected to Announce Earnings of $0.73 Per Share
Tyson Foods, Inc.  Expected to Announce Earnings of $1.22 Per Share
Tyson Foods, Inc. Expected to Announce Earnings of $1.22 Per Share
Dorman Products Inc.  Expected to Announce Earnings of $0.89 Per Share
Dorman Products Inc. Expected to Announce Earnings of $0.89 Per Share
Brokerages Expect Dorman Products Inc.  Will Announce Quarterly Sales of $270.67 Million
Brokerages Expect Dorman Products Inc. Will Announce Quarterly Sales of $270.67 Million


© 2006-2019 Ticker Report