Lewis Capital Management LLC Has $14.37 Million Position in The Walt Disney Company (NYSE:DIS)

Lewis Capital Management LLC grew its position in The Walt Disney Company (NYSE:DISFree Report) by 0.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 177,279 shares of the entertainment giant’s stock after acquiring an additional 902 shares during the period. Walt Disney comprises approximately 22.4% of Lewis Capital Management LLC’s investment portfolio, making the stock its biggest position. Lewis Capital Management LLC’s holdings in Walt Disney were worth $14,368,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of DIS. Dark Forest Capital Management LP acquired a new position in shares of Walt Disney during the 1st quarter worth about $28,000. Worth Asset Management LLC purchased a new stake in Walt Disney during the 1st quarter valued at about $29,000. GeoWealth Management LLC grew its stake in Walt Disney by 136.9% during the 2nd quarter. GeoWealth Management LLC now owns 334 shares of the entertainment giant’s stock valued at $30,000 after acquiring an additional 193 shares in the last quarter. MBM Wealth Consultants LLC grew its stake in Walt Disney by 197.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 366 shares of the entertainment giant’s stock valued at $33,000 after acquiring an additional 243 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. purchased a new stake in Walt Disney during the 3rd quarter valued at about $39,000. Institutional investors and hedge funds own 61.17% of the company’s stock.

Insider Buying and Selling at Walt Disney

In other news, Director Amy Chang acquired 1,078 shares of Walt Disney stock in a transaction that occurred on Thursday, December 7th. The shares were acquired at an average price of $92.69 per share, with a total value of $99,919.82. Following the completion of the purchase, the director now owns 6,216 shares of the company’s stock, valued at approximately $576,161.04. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, EVP Brent Woodford sold 18,788 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $92.99, for a total transaction of $1,747,096.12. Following the completion of the transaction, the executive vice president now owns 33,586 shares of the company’s stock, valued at $3,123,162.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Amy Chang acquired 1,078 shares of the company’s stock in a transaction dated Thursday, December 7th. The stock was acquired at an average cost of $92.69 per share, with a total value of $99,919.82. Following the transaction, the director now directly owns 6,216 shares of the company’s stock, valued at $576,161.04. The disclosure for this purchase can be found here. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on DIS shares. JPMorgan Chase & Co. cut their price target on shares of Walt Disney from $125.00 to $120.00 and set an “overweight” rating for the company in a report on Tuesday, October 10th. StockNews.com upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Guggenheim dropped their target price on shares of Walt Disney from $125.00 to $115.00 in a report on Tuesday, October 10th. Rosenblatt Securities dropped their target price on shares of Walt Disney from $114.00 to $112.00 and set a “buy” rating for the company in a report on Friday, December 22nd. Finally, Wells Fargo & Company lifted their target price on shares of Walt Disney from $110.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and an average price target of $109.40.

Get Our Latest Report on DIS

Walt Disney Stock Performance

Shares of Walt Disney stock traded up $2.44 on Tuesday, reaching $99.09. 11,816,855 shares of the stock were exchanged, compared to its average volume of 11,750,794. The firm has a market capitalization of $181.76 billion, a PE ratio of 75.51, a PEG ratio of 1.80 and a beta of 1.39. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $118.18. The business has a fifty day moving average price of $92.50 and a two-hundred day moving average price of $87.82. The company has a current ratio of 1.05, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40.

Walt Disney (NYSE:DISGet Free Report) last released its quarterly earnings data on Wednesday, November 8th. The entertainment giant reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.15. The firm had revenue of $21.24 billion for the quarter, compared to the consensus estimate of $21.37 billion. Walt Disney had a net margin of 2.65% and a return on equity of 7.31%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.30 earnings per share. As a group, research analysts anticipate that The Walt Disney Company will post 4.35 earnings per share for the current fiscal year.

Walt Disney Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 10th. Shareholders of record on Monday, December 11th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is presently 23.44%.

Walt Disney Company Profile

(Free Report)

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.

Featured Articles

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

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.