Woodstock Corp Sells 3,043 Shares of The Walt Disney Company (NYSE:DIS)

Woodstock Corp decreased its position in The Walt Disney Company (NYSE:DIS) by 3.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 82,208 shares of the entertainment giant’s stock after selling 3,043 shares during the period. Woodstock Corp’s holdings in Walt Disney were worth $7,908,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Smith Chas P & Associates PA Cpas raised its holdings in Walt Disney by 2.9% during the 3rd quarter. Smith Chas P & Associates PA Cpas now owns 5,476 shares of the entertainment giant’s stock valued at $527,000 after buying an additional 156 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its position in shares of Walt Disney by 38.3% in the third quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,591 shares of the entertainment giant’s stock valued at $249,000 after acquiring an additional 718 shares during the period. Sunflower Bank N.A. bought a new position in shares of Walt Disney during the third quarter valued at about $204,000. Sawyer & Company Inc boosted its holdings in shares of Walt Disney by 0.8% during the third quarter. Sawyer & Company Inc now owns 41,795 shares of the entertainment giant’s stock worth $4,020,000 after purchasing an additional 332 shares during the period. Finally, Douglas Lane & Associates LLC grew its stake in shares of Walt Disney by 1.2% in the third quarter. Douglas Lane & Associates LLC now owns 660,206 shares of the entertainment giant’s stock worth $63,505,000 after purchasing an additional 7,853 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 1.2 %

DIS opened at $94.13 on Monday. The stock has a market capitalization of $171.60 billion, a price-to-earnings ratio of 102.32, a PEG ratio of 1.49 and a beta of 1.40. The firm has a 50 day moving average price of $90.85 and a 200-day moving average price of $99.65. The Walt Disney Company has a twelve month low of $79.23 and a twelve month high of $123.74. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.19. The business had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.03 EPS. Equities research analysts forecast that The Walt Disney Company will post 4.92 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on DIS shares. Deutsche Bank Aktiengesellschaft lowered their price target on Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Morgan Stanley decreased their target price on Walt Disney from $130.00 to $110.00 and set an “overweight” rating for the company in a report on Monday, August 5th. Loop Capital cut their price target on shares of Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, July 30th. Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Finally, Evercore ISI cut their target price on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Four analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $119.20.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, Director Calvin Mcdonald purchased 11,756 shares of Walt Disney stock in a transaction dated Thursday, August 8th. The stock was purchased at an average price of $85.06 per share, with a total value of $999,965.36. Following the transaction, the director now directly owns 22,313 shares of the company’s stock, valued at $1,897,943.78. This trade represents a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.10% of the stock is owned by corporate insiders.

Walt Disney Profile

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.