Fluent Financial LLC Takes Position in The Walt Disney Company (NYSE:DIS)

Fluent Financial LLC acquired a new stake in The Walt Disney Company (NYSE:DISGet Rating) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 39,642 shares of the entertainment giant’s stock, valued at approximately $6,140,000. Walt Disney makes up about 2.5% of Fluent Financial LLC’s holdings, making the stock its 13th biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Baldwin Investment Management LLC grew its stake in Walt Disney by 0.7% in the third quarter. Baldwin Investment Management LLC now owns 10,061 shares of the entertainment giant’s stock worth $1,702,000 after purchasing an additional 65 shares in the last quarter. Cypress Asset Management Inc. TX grew its stake in Walt Disney by 0.4% in the fourth quarter. Cypress Asset Management Inc. TX now owns 19,913 shares of the entertainment giant’s stock worth $3,084,000 after purchasing an additional 74 shares in the last quarter. Capital City Trust Co. FL grew its stake in Walt Disney by 1.4% in the fourth quarter. Capital City Trust Co. FL now owns 5,507 shares of the entertainment giant’s stock worth $853,000 after purchasing an additional 75 shares in the last quarter. American Research & Management Co. grew its stake in Walt Disney by 6.6% in the fourth quarter. American Research & Management Co. now owns 1,216 shares of the entertainment giant’s stock worth $188,000 after purchasing an additional 75 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. grew its stake in Walt Disney by 1.0% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 7,496 shares of the entertainment giant’s stock worth $1,161,000 after purchasing an additional 75 shares in the last quarter. 64.17% of the stock is owned by institutional investors and hedge funds.

NYSE DIS traded down $0.72 on Friday, hitting $102.42. 14,532,636 shares of the stock were exchanged, compared to its average volume of 12,989,546. The Walt Disney Company has a 52-week low of $99.47 and a 52-week high of $187.58. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.06 and a quick ratio of 1.01. The company has a market capitalization of $186.47 billion, a price-to-earnings ratio of 70.63, a P/E/G ratio of 1.15 and a beta of 1.21. The company’s 50-day moving average price is $124.63 and its two-hundred day moving average price is $141.80.

Walt Disney (NYSE:DISGet Rating) last posted its quarterly earnings data on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.11). Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. During the same quarter in the previous year, the firm earned $0.79 EPS. Equities analysts predict that The Walt Disney Company will post 4.26 EPS for the current fiscal year.

In other news, EVP Brent Woodford sold 226 shares of the business’s stock in a transaction on Thursday, March 10th. The shares were sold at an average price of $132.50, for a total transaction of $29,945.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

A number of equities analysts have commented on DIS shares. BMO Capital Markets decreased their target price on Walt Disney from $140.00 to $135.00 in a research note on Thursday, May 12th. Tigress Financial restated a “buy” rating and issued a $229.00 target price on shares of Walt Disney in a research note on Friday, April 1st. Citigroup decreased their target price on Walt Disney from $210.00 to $200.00 and set a “buy” rating for the company in a research note on Thursday, February 17th. Royal Bank of Canada cut their price target on Walt Disney from $210.00 to $176.00 in a report on Thursday, May 12th. Finally, Morgan Stanley cut their price target on Walt Disney from $185.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, February 7th. One analyst has 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 data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $176.16.

Walt Disney Company Profile (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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