Here is the rundown on market activity for Walt Disney Company (The) Commo (NYSE:DIS). Robert A. Iger, Chairman disclosed the sale of 797,578 shares of (DIS). The shares were sold on June 9th for a price of $105.24. The Chairman now owns $106,627,800 of the stock per the Form 4 SEC filing. Director Susan E. Arnold sold 12,143 shares at an average price of $109.02 on Thu the 11th. That brings Arnold’s holdings to $4,652,189 as reported to the SEC.
Brent Woodford, EVP reported the sale of 2,000 shares of DIS stock. The shares were purchased at an average price of $114.50. Woodford now owns $2,947,764 of the stock according to the SEC filing.
The Walt Disney Company, launched on July 28, 1995, is a worldwide entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations. The Business’s Walt Disney Imagineering unit designs and develops new theme park concepts and attractions, as well as resort properties. The studio entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. The Company also develops and publishes games, primarily for mobile platforms, books, magazines and comic books..
Here are some other firms who have updated their holdings. As of quarter end Cpcm, LLC had disposed of a total of 22 shares trimming its holdings by 0.2%. The value in dollars decreased from $1,411,000 to $1,245,000 a change of $166,000 quarter over quarter. As of the end of the quarter Clearbridge Investments, LLC had bought 150,316 shares growing its stake by 2.0%. The value of the investment in Walt Disney Company (The) Commo went from $778,816,000 to $864,386,000 a change of $85,570,000 since the last quarter.
Columbia Partners L L C Investment Management added to its stake by buying 48,645 shares an increase of 620.7% from 12/31/2016 to 03/31/2017. Columbia Partners L L C Investment Management now controls 56,482 shares valued at $6,404,000. The value of the position overall is up by 684.8%. Ifm Investors Pty Ltd grew its ownership by buying 11,401 shares an increase of 58.0% as of 03/31/2017. Ifm Investors Pty Ltd currently owns 31,066 shares with a value of $3,523,000. The value of the position overall is up by 71.9%.
On May 17 the stock rating was downgraded to “Neutral” from “Neutral” in a report issued by Macquarie. On November 16 the company was upgraded to “Equal-Weight” from “Hold” by Deutsche Bank.
On November 11 the company was downgraded to “Equal-Weight” from “” in a report from Pivotal Research. On November 11 the company was upgraded from “Underweight” to “Equal-Weight” in an announcement from Barclays.
On October 27 Credit Suisse kept the company rating at “Outperform” and lowered the price target to $125.00 from $128.00. On September 29 UBS made no change to the company rating of “Buy” but lowered the price target from $125.00 to $112.00.
The company is trading up by 1.25 percent from yesterday’s close. Company shares last traded at $105.62 marginally under the 50 day moving average which is $110.03 and which is slightly below the 200 day moving average of $108.76. The 50 day moving average went down $-4.41 or -4.01% and the 200 day average moved down $-3.14.
Walt Disney Company (The) Commo currently has a P/E ratio of 18.42 and the market cap of the company is 165.28B. As of the latest earnings report the EPS was $5.73 and is projected to be $5.95 for the current year with 1,564,879,000 shares outstanding. Analysts expect next quarter’s EPS will be $1.30 and the next full year EPS is projected to be $6.75.