Inscription Capital LLC Has $1.02 Million Holdings in The Walt Disney Company (NYSE:DIS)

Inscription Capital LLC lowered its position in The Walt Disney Company (NYSE:DIS) by 11.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 10,623 shares of the entertainment giant’s stock after selling 1,310 shares during the period. Inscription Capital LLC’s holdings in Walt Disney were worth $1,022,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Regent Peak Wealth Advisors LLC lifted its holdings in Walt Disney by 3.5% in the 1st quarter. Regent Peak Wealth Advisors LLC now owns 2,801 shares of the entertainment giant’s stock worth $343,000 after purchasing an additional 94 shares in the last quarter. Horizon Bancorp Inc. IN lifted its holdings in shares of Walt Disney by 6.1% in the first quarter. Horizon Bancorp Inc. IN now owns 1,674 shares of the entertainment giant’s stock worth $205,000 after buying an additional 96 shares in the last quarter. KFA Private Wealth Group LLC boosted its position in shares of Walt Disney by 4.1% during the first quarter. KFA Private Wealth Group LLC now owns 2,691 shares of the entertainment giant’s stock worth $329,000 after acquiring an additional 106 shares during the last quarter. Transcendent Capital Group LLC increased its holdings in Walt Disney by 1.4% in the 1st quarter. Transcendent Capital Group LLC now owns 7,912 shares of the entertainment giant’s stock valued at $968,000 after acquiring an additional 108 shares during the last quarter. Finally, ADE LLC lifted its stake in Walt Disney by 4.6% in the 2nd quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock worth $249,000 after purchasing an additional 110 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DIS has been the topic of several research reports. Morgan Stanley reduced their target price on Walt Disney from $130.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Macquarie decreased their price objective on Walt Disney from $94.00 to $91.00 and set a “neutral” rating on the stock in a report on Thursday, September 19th. JPMorgan Chase & Co. cut their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $110.00 price target on shares of Walt Disney in a research note on Wednesday, October 23rd. Finally, Evercore ISI dropped their price objective on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. Five research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $118.05.

Insider Activity

In other news, Director Calvin Mcdonald bought 11,756 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The shares were purchased at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the transaction, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. This represents a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Stock Up 0.9 %

NYSE DIS traded up $0.85 during trading on Monday, hitting $95.88. The company’s stock had a trading volume of 716,613 shares, compared to its average volume of 10,815,706. The Walt Disney Company has a fifty-two week low of $79.53 and a fifty-two week high of $123.74. The company has a market cap of $174.79 billion, a PE ratio of 103.29, a P/E/G ratio of 1.49 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The business’s 50 day simple moving average is $92.61 and its 200-day simple moving average is $97.99.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.19. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The business had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. During the same quarter last year, the company posted $1.03 earnings per share. The business’s quarterly revenue was up 3.9% on a year-over-year basis. On average, equities analysts anticipate that The Walt Disney Company will post 4.92 EPS for the current fiscal year.

About Walt Disney

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.