CreativeOne Wealth LLC Purchases 1,358 Shares of The Walt Disney Company (NYSE:DIS)

CreativeOne Wealth LLC grew its position in The Walt Disney Company (NYSE:DIS) by 20.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,128 shares of the entertainment giant’s stock after purchasing an additional 1,358 shares during the period. CreativeOne Wealth LLC’s holdings in Walt Disney were worth $734,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Planned Solutions Inc. bought a new stake in Walt Disney during the fourth quarter worth about $26,000. Fortis Group Advisors LLC acquired a new position in shares of Walt Disney in the third quarter valued at approximately $30,000. Stone House Investment Management LLC grew its position in shares of Walt Disney by 355.3% in the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after purchasing an additional 270 shares during the last quarter. Partnership Wealth Management LLC acquired a new position in shares of Walt Disney in the fourth quarter valued at approximately $33,000. Finally, Evolution Advisers Inc. grew its position in Walt Disney by 38.2% during the fourth quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock worth $34,000 after buying an additional 105 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on DIS shares. Barclays reduced their price target on Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 8th. Redburn Atlantic raised Walt Disney from a “sell” rating to a “neutral” rating and set a $100.00 price target on the stock in a research report on Tuesday. The Goldman Sachs Group cut their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. Morgan Stanley upped their target price on Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, March 4th. Finally, Daiwa Capital Markets reiterated a “buy” rating and issued a $133.00 price target on shares of Walt Disney in a research note on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-three have given a buy rating to the company’s stock. According to MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $125.52.

Walt Disney Price Performance

DIS stock opened at $103.04 on Thursday. The company has a market capitalization of $187.85 billion, a P/E ratio of 111.98, a price-to-earnings-growth ratio of 1.28 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.69 and a current ratio of 0.75. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74. The business has a 50-day simple moving average of $112.95 and a two-hundred day simple moving average of $102.80.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The business had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. During the same quarter in the previous year, the business earned $0.93 EPS. The company’s quarterly revenue was up 1.2% on a year-over-year basis. Research analysts expect that The Walt Disney Company will post 4.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $536,448. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $536,448. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director James P. Gorman bought 20,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was bought at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the purchase, the director now owns 20,467 shares in the company, valued at $2,170,116.01. The disclosure for this purchase can be found here. Insiders own 0.10% of the company’s stock.

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.