Investors Sell Walt Disney Company (The) (DIS) on Strength (DIS)

Traders sold shares of Walt Disney Company (The) (NYSE:DIS) on strength during trading on Monday. $146.16 million flowed into the stock on the tick-up and $198.54 million flowed out of the stock on the tick-down, for a money net flow of $52.38 million out of the stock. Of all equities tracked, Walt Disney Company (The) had the 16th highest net out-flow for the day. Walt Disney Company (The) traded up $0.02 for the day and closed at $97.09

A number of analysts have recently weighed in on DIS shares. Guggenheim reiterated a “buy” rating and set a $122.00 target price on shares of Walt Disney Company (The) in a research report on Tuesday, September 5th. BidaskClub upgraded Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Deutsche Bank AG reiterated a “buy” rating and set a $125.00 target price (down from $130.00) on shares of Walt Disney Company (The) in a research report on Monday, May 15th. Credit Suisse Group reiterated an “outperform” rating and set a $120.00 target price (down from $125.00) on shares of Walt Disney Company (The) in a research report on Wednesday, August 9th. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $130.00 target price on shares of Walt Disney Company (The) in a research report on Friday, July 14th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty-one have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $113.98.

The company’s 50 day moving average price is $103.83 and its 200 day moving average price is $108.07. The stock has a market capitalization of $149.86 billion, a PE ratio of 17.22 and a beta of 1.42.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The business had revenue of $14.24 billion during the quarter, compared to the consensus estimate of $14.44 billion. During the same period in the prior year, the company earned $1.62 EPS. Walt Disney Company (The)’s revenue for the quarter was down .3% on a year-over-year basis. Equities analysts expect that Walt Disney Company will post $5.84 EPS for the current fiscal year.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was acquired at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the transaction, the director now directly owns 7,513 shares in the company, valued at $768,880.42. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 13.00% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of DIS. Janus Henderson Group PLC raised its position in Walt Disney Company (The) by 929.6% in the second quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock valued at $574,907,000 after purchasing an additional 4,885,398 shares during the last quarter. AJO LP raised its position in Walt Disney Company (The) by 12,331.6% in the second quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock valued at $350,661,000 after purchasing an additional 3,273,787 shares during the last quarter. Vanguard Group Inc. raised its position in Walt Disney Company (The) by 2.2% in the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after purchasing an additional 2,131,932 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in Walt Disney Company (The) by 247.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock valued at $280,999,000 after purchasing an additional 1,884,600 shares during the last quarter. Finally, Nordea Investment Management AB raised its position in Walt Disney Company (The) by 48.7% in the second quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock valued at $564,561,000 after purchasing an additional 1,740,128 shares during the last quarter. Hedge funds and other institutional investors own 61.48% of the company’s stock.

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About Walt Disney Company (The)

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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