Gabalex Capital Management LLC Has $5.54 Million Stake in The Walt Disney Company (NYSE:DIS)

Gabalex Capital Management LLC trimmed its stake in The Walt Disney Company (NYSE:DIS) by 49.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,000 shares of the entertainment giant’s stock after selling 28,783 shares during the period. The Walt Disney comprises about 2.8% of Gabalex Capital Management LLC’s investment portfolio, making the stock its 14th biggest position. Gabalex Capital Management LLC’s holdings in The Walt Disney were worth $5,536,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Altium Wealth Management LLC lifted its holdings in shares of The Walt Disney by 10.4% during the 1st quarter. Altium Wealth Management LLC now owns 24,267 shares of the entertainment giant’s stock worth $4,478,000 after acquiring an additional 2,278 shares during the period. FIL Ltd lifted its holdings in The Walt Disney by 192.0% during the 4th quarter. FIL Ltd now owns 376,579 shares of the entertainment giant’s stock valued at $68,229,000 after purchasing an additional 247,593 shares during the last quarter. Westpac Banking Corp lifted its holdings in The Walt Disney by 23.7% during the 4th quarter. Westpac Banking Corp now owns 401,644 shares of the entertainment giant’s stock valued at $72,770,000 after purchasing an additional 76,900 shares during the last quarter. Braun Stacey Associates Inc. raised its stake in shares of The Walt Disney by 0.3% in the first quarter. Braun Stacey Associates Inc. now owns 201,566 shares of the entertainment giant’s stock worth $37,193,000 after acquiring an additional 635 shares during the last quarter. Finally, Asset Advisors Investment Management LLC raised its stake in shares of The Walt Disney by 1.7% in the first quarter. Asset Advisors Investment Management LLC now owns 93,172 shares of the entertainment giant’s stock worth $17,506,000 after acquiring an additional 1,585 shares during the last quarter. 64.04% of the stock is owned by institutional investors.

Shares of DIS stock traded up $1.36 during trading on Thursday, reaching $177.40. The company’s stock had a trading volume of 219,645 shares, compared to its average volume of 10,323,522. The firm’s fifty day moving average is $181.26. The company has a current ratio of 1.23, a quick ratio of 1.18 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $322.32 billion, a P/E ratio of -70.42, a price-to-earnings-growth ratio of 3.70 and a beta of 1.19. The Walt Disney Company has a one year low of $108.02 and a one year high of $203.02.

The Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, May 13th. The entertainment giant reported $0.79 EPS for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.52. The business had revenue of $15.61 billion for the quarter, compared to analyst estimates of $15.99 billion. The Walt Disney had a negative net margin of 7.73% and a positive return on equity of 2.07%. The firm’s revenue for the quarter was down 13.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 earnings per share. On average, equities analysts forecast that The Walt Disney Company will post 2.28 EPS for the current fiscal year.

In other The Walt Disney news, Director Susan E. Arnold sold 8,400 shares of the company’s stock in a transaction on Wednesday, June 2nd. The shares were sold at an average price of $177.75, for a total transaction of $1,493,100.00. Following the sale, the director now directly owns 41,498 shares of the company’s stock, valued at $7,376,269.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Robert A. Iger sold 550,570 shares of the company’s stock in a transaction on Tuesday, June 1st. The stock was sold at an average price of $179.21, for a total transaction of $98,667,649.70. Following the sale, the chairman now directly owns 569,131 shares in the company, valued at $101,993,966.51. The disclosure for this sale can be found here. Insiders own 0.25% of the company’s stock.

A number of equities analysts have weighed in on the stock. Evercore ISI boosted their target price on shares of The Walt Disney from $200.00 to $210.00 in a research note on Friday, February 12th. Loop Capital lifted their price target on shares of The Walt Disney from $190.00 to $230.00 in a research report on Friday, February 12th. KeyCorp lifted their price target on shares of The Walt Disney from $182.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, February 12th. Wells Fargo & Company lifted their price target on shares of The Walt Disney from $201.00 to $219.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 20th. Finally, Argus lifted their price target on shares of The Walt Disney from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, February 17th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-three have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $195.48.

The Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates domestic cable networks under the Disney, ESPN, Freeform, FX, and National Geographic brands; and television broadcast network under the ABC brand, as well as eight domestic television stations.

Read More: CAC 40 Index

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS).

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

Receive News & Ratings for The Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.