Supplemental Annuity Collective Trust of NJ Acquires 1,000 Shares of Walt Disney Co (DIS)
Supplemental Annuity Collective Trust of NJ increased its holdings in shares of Walt Disney Co (NYSE:DIS) by 7.1% in the 4th quarter, Holdings Channel reports. The firm owned 15,000 shares of the entertainment giant’s stock after acquiring an additional 1,000 shares during the period. Walt Disney accounts for approximately 0.8% of Supplemental Annuity Collective Trust of NJ’s portfolio, making the stock its 22nd biggest position. Supplemental Annuity Collective Trust of NJ’s holdings in Walt Disney were worth $1,645,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Capital Management LLC raised its stake in shares of Walt Disney by 2.3% in the third quarter. Eagle Capital Management LLC now owns 26,193 shares of the entertainment giant’s stock worth $3,063,000 after acquiring an additional 589 shares during the last quarter. Canton Hathaway LLC bought a new stake in shares of Walt Disney during the third quarter worth approximately $107,000. Community Bank & Trust Waco Texas raised its stake in shares of Walt Disney by 35.9% during the third quarter. Community Bank & Trust Waco Texas now owns 9,152 shares of the entertainment giant’s stock worth $1,070,000 after buying an additional 2,416 shares during the last quarter. Private Capital Advisors Inc. bought a new stake in shares of Walt Disney during the third quarter worth approximately $3,617,000. Finally, Sumitomo Mitsui Asset Management Company LTD raised its stake in shares of Walt Disney by 0.8% during the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 282,519 shares of the entertainment giant’s stock worth $33,037,000 after buying an additional 2,280 shares during the last quarter. Institutional investors and hedge funds own 63.71% of the company’s stock.
DIS has been the subject of a number of recent research reports. Imperial Capital raised shares of Walt Disney from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $113.00 to $129.00 in a research note on Tuesday, November 27th. Wolfe Research initiated coverage on shares of Walt Disney in a research note on Friday, December 7th. They set an “outperform” rating for the company. Zacks Investment Research downgraded shares of Walt Disney from a “hold” rating to a “sell” rating in a research note on Monday, December 17th. Credit Suisse Group reissued a “hold” rating and set a $114.00 price target on shares of Walt Disney in a research note on Tuesday, January 22nd. Finally, BMO Capital Markets boosted their price target on shares of Walt Disney from $109.00 to $114.00 and gave the stock a “market perform” rating in a research note on Thursday, February 7th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $124.84.
NYSE DIS traded down $0.66 during trading on Friday, reaching $113.82. 2,504,412 shares of the stock traded hands, compared to its average volume of 8,150,915. The stock has a market cap of $170.56 billion, a P/E ratio of 16.08, a P/E/G ratio of 2.75 and a beta of 0.91. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current ratio of 1.00. Walt Disney Co has a fifty-two week low of $97.68 and a fifty-two week high of $120.20.
Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.57 by $0.27. The firm had revenue of $15.30 billion during the quarter, compared to analysts’ expectations of $15.20 billion. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The business’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.89 earnings per share. Analysts predict that Walt Disney Co will post 7.09 earnings per share for the current fiscal year.
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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.
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