Embree Financial Group Sells 1,576 Shares of The Walt Disney Company (NYSE:DIS)

Embree Financial Group lowered its position in shares of The Walt Disney Company (NYSE:DIS) by 8.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,494 shares of the entertainment giant’s stock after selling 1,576 shares during the quarter. Embree Financial Group’s holdings in Walt Disney were worth $2,018,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DIS. Planned Solutions Inc. bought a new position in shares of Walt Disney in the fourth quarter valued at approximately $26,000. Gold Investment Management Ltd. bought a new stake in shares of Walt Disney during the fourth quarter worth $28,000. Partnership Wealth Management LLC acquired a new stake in shares of Walt Disney in the fourth quarter valued at $33,000. Stone House Investment Management LLC raised its holdings 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 buying an additional 270 shares during the last quarter. Finally, Red Tortoise LLC lifted its position in Walt Disney by 141.4% during the 1st quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant’s stock worth $45,000 after buying an additional 215 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Insider Transactions at Walt Disney

In related news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $106.00, for a total transaction of $466,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director James P. Gorman acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were bought at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the transaction, the director now directly owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $106.00, for a total transaction of $466,400.00. The disclosure for this sale can be found here. 0.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Guggenheim upped their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, April 3rd. Rosenblatt Securities increased their price objective on Walt Disney from $129.00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Daiwa Capital Markets reaffirmed a “buy” rating and set a $133.00 price target on shares of Walt Disney in a research note on Monday, April 1st. Bank of America lifted their price objective on Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Finally, The Goldman Sachs Group started coverage on shares of Walt Disney in a research note on Tuesday, June 25th. They issued a “buy” rating and a $125.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-three have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $126.44.

Walt Disney Stock Down 0.1 %

Shares of DIS stock traded down $0.08 on Wednesday, hitting $96.97. 7,617,282 shares of the stock were exchanged, compared to its average volume of 11,385,722. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The firm has a market capitalization of $176.78 billion, a P/E ratio of 105.40, a price-to-earnings-growth ratio of 1.21 and a beta of 1.40. The business has a 50-day moving average of $102.44 and a 200 day moving average of $104.95.

Walt Disney (NYSE:DIS) last released its 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 for the quarter, compared to the consensus estimate of $22.12 billion. During the same quarter in the previous year, the business earned $0.93 earnings per share. Walt Disney’s quarterly revenue was up 1.2% on a year-over-year basis. Equities analysts anticipate that The Walt Disney Company will post 4.75 EPS for the current year.

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.