The Walt Disney Company (NYSE:DIS) Shares Purchased by Jeppson Wealth Management LLC

Jeppson Wealth Management LLC grew its position in The Walt Disney Company (NYSE:DIS) by 16.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,334 shares of the entertainment giant’s stock after acquiring an additional 6,899 shares during the quarter. Walt Disney accounts for about 2.3% of Jeppson Wealth Management LLC’s holdings, making the stock its 7th largest position. Jeppson Wealth Management LLC’s holdings in Walt Disney were worth $5,914,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of DIS. Planned Solutions Inc. acquired a new position in shares of Walt Disney in the 4th quarter valued at $26,000. Gold Investment Management Ltd. acquired a new stake in Walt Disney during the fourth quarter valued at approximately $28,000. Fortis Group Advisors LLC acquired a new position in shares of Walt Disney in the 3rd quarter worth approximately $30,000. Stone House Investment Management LLC boosted its stake in Walt Disney by 355.3% in the 4th 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 in the last quarter. Finally, Partnership Wealth Management LLC bought a new stake in Walt Disney in the fourth quarter valued at $33,000. 65.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walt Disney

In related news, EVP Sonia L. Coleman sold 4,400 shares of the firm’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total value of $466,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at $536,448. The disclosure for this sale can be found here. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Stock Down 2.8 %

Shares of NYSE:DIS traded down $2.88 during mid-day trading on Friday, reaching $99.29. 21,439,416 shares of the stock were exchanged, compared to its average volume of 8,740,152. The company has a market cap of $181.01 billion, a P/E ratio of 107.93, a P/E/G ratio of 1.23 and a beta of 1.40. The stock’s 50 day simple moving average is $104.76 and its 200-day simple moving average is $104.66. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74.

Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. The business had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.93 earnings per share. As a group, equities research analysts predict that The Walt Disney Company will post 4.76 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DIS. Barclays lowered their target price on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Wednesday, May 8th. Guggenheim upped their price target 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. Wells Fargo & Company boosted their target price on shares of Walt Disney from $128.00 to $141.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 23rd. UBS Group reduced their price objective on Walt Disney from $140.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, May 8th. Finally, JPMorgan Chase & Co. initiated coverage on Walt Disney in a research note on Thursday, April 11th. They set an “overweight” rating and a $140.00 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the stock. According to MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $126.50.

Walt Disney Company 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.