Lyell Wealth Management LP Acquires 25,828 Shares of Walt Disney Co (DIS)

Lyell Wealth Management LP grew its holdings in Walt Disney Co (NYSE:DIS) by 352.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,157 shares of the entertainment giant’s stock after acquiring an additional 25,828 shares during the period. Walt Disney accounts for 1.5% of Lyell Wealth Management LP’s portfolio, making the stock its 27th largest holding. Lyell Wealth Management LP’s holdings in Walt Disney were worth $3,664,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC raised its position in Walt Disney by 3.0% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 8,080 shares of the entertainment giant’s stock worth $886,000 after acquiring an additional 234 shares during the period. Clearstead Advisors LLC raised its position in Walt Disney by 16.1% in the fourth quarter. Clearstead Advisors LLC now owns 51,148 shares of the entertainment giant’s stock worth $5,608,000 after acquiring an additional 7,089 shares during the period. Roof Eidam & Maycock ADV bought a new position in Walt Disney in the fourth quarter worth approximately $1,378,000. FLC Capital Advisors bought a new position in Walt Disney in the fourth quarter worth approximately $430,000. Finally, Castle Rock Wealth Management LLC raised its position in Walt Disney by 15.3% in the fourth quarter. Castle Rock Wealth Management LLC now owns 5,273 shares of the entertainment giant’s stock worth $594,000 after acquiring an additional 700 shares during the period. Institutional investors and hedge funds own 66.71% of the company’s stock.

DIS has been the topic of several recent research reports. Rosenblatt Securities reiterated a “buy” rating and issued a $150.00 price target on shares of Walt Disney in a research report on Monday, April 8th. Goldman Sachs Group initiated coverage on shares of Walt Disney in a research report on Thursday, April 4th. They issued a “buy” rating and a $142.00 price target on the stock. Citigroup increased their price target on shares of Walt Disney from $126.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Edward Jones upgraded shares of Walt Disney from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th. Finally, Tigress Financial reiterated a “buy” rating on shares of Walt Disney in a research report on Tuesday, February 12th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nineteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $142.42.

In related news, EVP Zenia B. Mucha sold 33,000 shares of the firm’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $128.88, for a total transaction of $4,253,040.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Brent Woodford sold 4,000 shares of the firm’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $135.24, for a total transaction of $540,960.00. The disclosure for this sale can be found here. Insiders have sold 39,000 shares of company stock valued at $5,022,700 over the last ninety days. 0.36% of the stock is currently owned by corporate insiders.

Shares of NYSE DIS opened at $135.04 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.77 and a quick ratio of 0.74. The firm has a market capitalization of $201.31 billion, a PE ratio of 19.07, a PEG ratio of 3.57 and a beta of 1.00. Walt Disney Co has a 1 year low of $98.81 and a 1 year high of $142.37.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, May 8th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.59 by $0.02. The firm had revenue of $14.92 billion during the quarter, compared to analysts’ expectations of $14.53 billion. Walt Disney had a net margin of 22.55% and a return on equity of 15.67%. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.84 earnings per share. As a group, research analysts predict that Walt Disney Co will post 6.67 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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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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