Cascade Investment Advisors Inc. Increases Stock Holdings in The Walt Disney Company (NYSE:DIS)

Cascade Investment Advisors Inc. lifted its position in The Walt Disney Company (NYSE:DISGet Rating) by 51.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,810 shares of the entertainment giant’s stock after buying an additional 3,000 shares during the quarter. Cascade Investment Advisors Inc.’s holdings in Walt Disney were worth $1,365,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. GeoWealth Management LLC purchased a new stake in Walt Disney in the third quarter valued at approximately $25,000. Syverson Strege & Co raised its stake in shares of Walt Disney by 384.8% during the fourth quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant’s stock worth $25,000 after acquiring an additional 127 shares in the last quarter. Sandy Cove Advisors LLC purchased a new position in shares of Walt Disney during the fourth quarter worth approximately $27,000. Joseph Group Capital Management purchased a new position in shares of Walt Disney during the fourth quarter worth approximately $1,573,000. Finally, Advanced Research Investment Solutions LLC raised its stake in shares of Walt Disney by 46.0% during the fourth quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant’s stock worth $36,000 after acquiring an additional 75 shares in the last quarter. 64.17% of the stock is currently owned by hedge funds and other institutional investors.

In other Walt Disney news, EVP Brent Woodford sold 226 shares of the business’s stock in a transaction dated Thursday, March 10th. The stock was sold at an average price of $132.50, for a total value of $29,945.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.10% of the stock is currently owned by insiders.

Shares of DIS traded up $3.02 during trading hours on Friday, hitting $107.33. The company had a trading volume of 16,782,625 shares, compared to its average volume of 15,811,226. The firm has a fifty day moving average price of $127.36 and a 200-day moving average price of $144.05. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.05 and a current ratio of 1.10. The stock has a market capitalization of $195.41 billion, a price-to-earnings ratio of 74.02, a P/E/G ratio of 1.03 and a beta of 1.21. The Walt Disney Company has a 52-week low of $99.47 and a 52-week high of $187.58.

Walt Disney (NYSE:DISGet Rating) last posted its quarterly earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.11). Walt Disney had a return on equity of 6.91% and a net margin of 3.46%. During the same period in the previous year, the business posted $0.79 earnings per share. Research analysts anticipate that The Walt Disney Company will post 4.48 earnings per share for the current fiscal year.

Several research firms have commented on DIS. Tigress Financial reissued a “buy” rating and set a $229.00 price target on shares of Walt Disney in a research note on Friday, April 1st. Credit Suisse Group cut their target price on shares of Walt Disney from $218.00 to $170.00 in a report on Thursday. Moffett Nathanson cut their target price on shares of Walt Disney from $165.00 to $150.00 and set a “neutral” rating on the stock in a report on Monday, March 7th. JPMorgan Chase & Co. cut their target price on shares of Walt Disney from $200.00 to $175.00 and set an “overweight” rating on the stock in a report on Tuesday, April 19th. Finally, Atlantic Securities cut their target price on shares of Walt Disney from $172.00 to $167.00 and set a “neutral” rating on the stock in a report on Thursday, February 10th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat.com, Walt Disney has a consensus rating of “Buy” and an average price target of $175.65.

About Walt Disney (Get Rating)

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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

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