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Brent Woodford Sells 2,868 Shares of The Walt Disney Company (NYSE:DIS) Stock

The Walt Disney Company (NYSE:DIS) EVP Brent Woodford sold 2,868 shares of the stock in a transaction on Tuesday, January 4th. The stock was sold at an average price of $158.89, for a total value of $455,696.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

DIS traded up $1.71 on Thursday, hitting $156.90. The company had a trading volume of 10,786,465 shares, compared to its average volume of 12,541,721. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.04. The Walt Disney Company has a 52-week low of $142.04 and a 52-week high of $203.02. The stock has a fifty day simple moving average of $156.08 and a 200-day simple moving average of $169.70. The firm has a market capitalization of $285.19 billion, a P/E ratio of 143.94, a P/E/G ratio of 1.62 and a beta of 1.19.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, November 10th. The entertainment giant reported $0.37 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.50 by ($0.13). Walt Disney had a net margin of 2.96% and a return on equity of 4.86%. The business had revenue of $18.53 billion for the quarter, compared to the consensus estimate of $18.85 billion. During the same period in the prior year, the business posted ($0.20) EPS. Equities research analysts expect that The Walt Disney Company will post 4.22 earnings per share for the current fiscal year.


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DIS has been the topic of several recent research reports. Bank of America dropped their target price on Walt Disney from $223.00 to $191.00 and set a "buy" rating on the stock in a research report on Thursday, November 11th. Atlantic Securities cut shares of Walt Disney from an "overweight" rating to a "neutral" rating and decreased their price target for the stock from $219.00 to $172.00 in a report on Thursday, November 11th. Citigroup decreased their price target on shares of Walt Disney from $230.00 to $210.00 and set a "buy" rating on the stock in a report on Tuesday, November 16th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $219.00 price target on shares of Walt Disney in a report on Wednesday, November 10th. Finally, Moffett Nathanson decreased their price target on shares of Walt Disney from $185.00 to $180.00 and set a "neutral" rating on the stock in a report on Monday, October 18th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-one have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $196.93.

Several hedge funds and other institutional investors have recently made changes to their positions in DIS. Navellier & Associates Inc increased its stake in shares of Walt Disney by 3.8% during the second quarter. Navellier & Associates Inc now owns 2,728 shares of the entertainment giant's stock valued at $480,000 after purchasing an additional 100 shares in the last quarter. Cutter & CO Brokerage Inc. increased its stake in shares of Walt Disney by 24.8% during the second quarter. Cutter & CO Brokerage Inc. now owns 4,309 shares of the entertainment giant's stock valued at $757,000 after purchasing an additional 855 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its position in shares of Walt Disney by 0.8% during the second quarter. Jaffetilchin Investment Partners LLC now owns 10,681 shares of the entertainment giant's stock valued at $1,877,000 after acquiring an additional 80 shares in the last quarter. Jarislowsky Fraser Ltd increased its position in shares of Walt Disney by 39.6% during the second quarter. Jarislowsky Fraser Ltd now owns 9,501 shares of the entertainment giant's stock valued at $1,669,000 after acquiring an additional 2,693 shares in the last quarter. Finally, Bank of Marin increased its position in shares of Walt Disney by 6.5% during the second quarter. Bank of Marin now owns 6,316 shares of the entertainment giant's stock valued at $1,110,000 after acquiring an additional 383 shares in the last quarter. 64.08% of the stock is owned by institutional investors and hedge funds.

About Walt Disney

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company's global film and episodic television content production and distribution activities.

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Insider Buying and Selling by Quarter for Walt Disney (NYSE:DIS)

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