Cable Hill Partners LLC Has $528,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

Cable Hill Partners LLC increased its position in shares of The Walt Disney Company (NYSE:DIS) by 154.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,003 shares of the entertainment giant’s stock after buying an additional 1,823 shares during the quarter. Cable Hill Partners LLC’s holdings in The Walt Disney were worth $528,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. 180 Wealth Advisors LLC lifted its stake in The Walt Disney by 0.5% during the second quarter. 180 Wealth Advisors LLC now owns 11,930 shares of the entertainment giant’s stock worth $2,112,000 after purchasing an additional 56 shares during the period. Resource Management LLC lifted its stake in The Walt Disney by 0.6% during the first quarter. Resource Management LLC now owns 9,457 shares of the entertainment giant’s stock worth $1,745,000 after purchasing an additional 59 shares during the period. Gill Capital Partners LLC raised its stake in shares of The Walt Disney by 3.0% in the second quarter. Gill Capital Partners LLC now owns 2,031 shares of the entertainment giant’s stock valued at $357,000 after acquiring an additional 59 shares during the last quarter. Wealth Architects LLC raised its stake in shares of The Walt Disney by 1.4% in the second quarter. Wealth Architects LLC now owns 4,460 shares of the entertainment giant’s stock valued at $784,000 after acquiring an additional 60 shares during the last quarter. Finally, Leisure Capital Management raised its stake in shares of The Walt Disney by 0.5% in the first quarter. Leisure Capital Management now owns 11,491 shares of the entertainment giant’s stock valued at $2,120,000 after acquiring an additional 62 shares during the last quarter. 64.10% of the stock is currently owned by institutional investors and hedge funds.

DIS traded up $2.13 during trading on Thursday, reaching $175.09. 166,917 shares of the company’s stock were exchanged, compared to its average volume of 9,481,632. The company’s fifty day moving average price is $178.12 and its 200-day moving average price is $178.97. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.24. The Walt Disney Company has a fifty-two week low of $117.23 and a fifty-two week high of $203.02. The firm has a market capitalization of $318.16 billion, a PE ratio of 283.54, a P/E/G ratio of 3.50 and a beta of 1.19.

The Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Thursday, August 12th. The entertainment giant reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.23. The Walt Disney had a net margin of 1.77% and a return on equity of 3.78%. The company had revenue of $17.02 billion during the quarter, compared to analyst estimates of $16.82 billion. During the same quarter in the previous year, the business earned $0.08 EPS. Research analysts forecast that The Walt Disney Company will post 2.45 earnings per share for the current fiscal year.

In related news, CEO Robert A. Chapek sold 10,587 shares of the company’s stock in a transaction on Tuesday, August 31st. The shares were sold at an average price of $182.00, for a total value of $1,926,834.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction dated Friday, August 13th. The stock was sold at an average price of $186.57, for a total transaction of $1,492,560.00. Following the sale, the executive vice president now directly owns 42,620 shares in the company, valued at $7,951,613.40. The disclosure for this sale can be found here. 0.25% of the stock is owned by insiders.

A number of research firms have recently issued reports on DIS. UBS Group lifted their target price on shares of The Walt Disney from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, August 13th. The Goldman Sachs Group lifted their target price on shares of The Walt Disney from $215.00 to $218.00 and gave the company a “buy” rating in a research note on Friday, August 13th. Zacks Investment Research cut shares of The Walt Disney from a “buy” rating to a “hold” rating and set a $185.00 target price for the company. in a research note on Wednesday, August 18th. Evercore ISI reiterated a “buy” rating and issued a $210.00 target price on shares of The Walt Disney in a research note on Wednesday, September 22nd. Finally, Wells Fargo & Company dropped their price objective on shares of The Walt Disney from $216.00 to $203.00 and set an “overweight” rating for the company in a research report on Tuesday, September 28th. Three equities research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $209.08.

About The Walt Disney

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International (DTCI). The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.

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Institutional Ownership by Quarter for The Walt Disney (NYSE:DIS)

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