Lafayette Investments Inc. Has $4.49 Million Stake in Walt Disney Co (DIS)

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Lafayette Investments Inc. lifted its stake in Walt Disney Co (NYSE:DIS) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,905 shares of the entertainment giant’s stock after purchasing an additional 928 shares during the quarter. Walt Disney comprises approximately 1.8% of Lafayette Investments Inc.’s holdings, making the stock its 20th largest position. Lafayette Investments Inc.’s holdings in Walt Disney were worth $4,485,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Walt Disney by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 103,729,219 shares of the entertainment giant’s stock valued at $12,130,095,000 after acquiring an additional 553,232 shares in the last quarter. Vanguard Group Inc lifted its position in Walt Disney by 0.5% in the 3rd quarter. Vanguard Group Inc now owns 103,729,219 shares of the entertainment giant’s stock valued at $12,130,095,000 after acquiring an additional 553,232 shares in the last quarter. FMR LLC lifted its position in Walt Disney by 1.5% in the 3rd quarter. FMR LLC now owns 26,397,731 shares of the entertainment giant’s stock valued at $3,086,951,000 after acquiring an additional 382,573 shares in the last quarter. Clearbridge Investments LLC lifted its position in Walt Disney by 2.1% in the 3rd quarter. Clearbridge Investments LLC now owns 9,031,930 shares of the entertainment giant’s stock valued at $1,056,194,000 after acquiring an additional 189,866 shares in the last quarter. Finally, Legal & General Group Plc lifted its position in Walt Disney by 1.4% in the 3rd quarter. Legal & General Group Plc now owns 7,001,304 shares of the entertainment giant’s stock valued at $818,701,000 after acquiring an additional 98,550 shares in the last quarter. 64.63% of the stock is currently owned by hedge funds and other institutional investors.

Shares of DIS opened at $131.68 on Tuesday. The firm has a market cap of $196.31 billion, a price-to-earnings ratio of 18.60, a P/E/G ratio of 3.83 and a beta of 0.91. The company has a quick ratio of 0.92, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. Walt Disney Co has a 1-year low of $97.68 and a 1-year high of $132.87.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.27. The business had revenue of $15.30 billion during the quarter, compared to analyst estimates of $15.20 billion. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The company’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.89 EPS. Sell-side analysts expect that Walt Disney Co will post 6.79 earnings per share for the current year.

Several equities analysts recently issued reports on the company. Zacks Investment Research raised Walt Disney from a “sell” rating to a “hold” rating in a research report on Monday, April 15th. Loop Capital upped their price objective on Walt Disney to $140.00 and gave the company a “buy” rating in a research report on Monday, April 15th. UBS Group set a $128.00 price objective on Walt Disney and gave the company a “buy” rating in a research report on Friday, April 12th. Bank of America set a $144.00 price objective on Walt Disney and gave the company a “buy” rating in a research report on Friday, April 12th. Finally, ValuEngine raised Walt Disney from a “hold” rating to a “buy” rating in a research report on Saturday, April 13th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $131.11.

In other news, EVP Zenia B. Mucha sold 33,000 shares of the company’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $128.88, for a total value of $4,253,040.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction on Wednesday, February 6th. The stock was sold at an average price of $113.60, for a total value of $227,200.00. Following the completion of the sale, the executive vice president now owns 26,517 shares of the company’s stock, valued at $3,012,331.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 37,000 shares of company stock valued at $4,708,940. Company insiders own 0.36% of the company’s stock.

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Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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