McDonough Capital Management Inc Sells 398 Shares of The Walt Disney Company (NYSE:DIS)

McDonough Capital Management Inc cut its holdings in The Walt Disney Company (NYSE:DIS) by 9.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 3,985 shares of the entertainment giant’s stock after selling 398 shares during the quarter. McDonough Capital Management Inc’s holdings in Walt Disney were worth $393,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Mpwm Advisory Solutions LLC bought a new stake in shares of Walt Disney during the fourth quarter worth $27,000. FPC Investment Advisory Inc. bought a new position in Walt Disney during the 4th quarter worth about $28,000. Tacita Capital Inc increased its holdings in Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the 4th quarter valued at about $32,000. Finally, Midwest Capital Advisors LLC bought a new stake in shares of Walt Disney in the fourth quarter valued at about $34,000. 65.71% of the stock is owned by institutional investors.

Walt Disney Price Performance

Shares of DIS opened at $113.95 on Monday. The company’s 50-day moving average is $98.47 and its 200-day moving average is $105.70. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The firm has a market capitalization of $204.85 billion, a PE ratio of 37.12, a PEG ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The firm had revenue of $23.62 billion for the quarter, compared to analysts’ expectations of $23.15 billion. During the same period in the prior year, the firm earned $1.21 EPS. The business’s revenue was up 7.0% on a year-over-year basis. Equities analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the sale, the executive vice president now owns 46,831 shares in the company, valued at $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.16% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

DIS has been the subject of a number of research reports. UBS Group increased their price objective on Walt Disney from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, May 8th. Guggenheim reduced their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, May 8th. Loop Capital boosted their price objective on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, May 8th. Barclays lifted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, May 8th. Finally, Rosenblatt Securities increased their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, June 3rd. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $123.75.

About Walt Disney

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.