Tempus Wealth Planning LLC Has $1.31 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Tempus Wealth Planning LLC decreased its stake in The Walt Disney Company (NYSE:DIS) by 2.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,589 shares of the entertainment giant’s stock after selling 402 shares during the quarter. Tempus Wealth Planning LLC’s holdings in Walt Disney were worth $1,307,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Pegasus Asset Management Inc. raised its stake in Walt Disney by 2.7% during the 3rd quarter. Pegasus Asset Management Inc. now owns 34,202 shares of the entertainment giant’s stock valued at $3,290,000 after purchasing an additional 889 shares during the period. Eastern Bank lifted its stake in Walt Disney by 293.8% in the 3rd quarter. Eastern Bank now owns 30,409 shares of the entertainment giant’s stock worth $2,925,000 after acquiring an additional 22,687 shares in the last quarter. Xcel Wealth Management LLC boosted its position in Walt Disney by 40.2% during the 3rd quarter. Xcel Wealth Management LLC now owns 29,685 shares of the entertainment giant’s stock worth $2,855,000 after acquiring an additional 8,511 shares during the period. Sequoia Financial Advisors LLC increased its holdings in shares of Walt Disney by 96.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 109,697 shares of the entertainment giant’s stock valued at $10,552,000 after purchasing an additional 53,796 shares during the period. Finally, Cetera Trust Company N.A lifted its position in shares of Walt Disney by 1.2% in the third quarter. Cetera Trust Company N.A now owns 14,167 shares of the entertainment giant’s stock worth $1,363,000 after purchasing an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In other news, Director Calvin Mcdonald purchased 11,756 shares of Walt Disney stock in a transaction dated Thursday, August 8th. The shares were bought at an average cost of $85.06 per share, with a total value of $999,965.36. Following the completion of the transaction, the director now directly owns 22,313 shares in the company, valued at $1,897,943.78. This trade represents a 100.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Trading Up 0.2 %

Shares of DIS opened at $96.78 on Wednesday. The stock’s fifty day simple moving average is $92.16 and its 200-day simple moving average is $98.45. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $176.43 billion, a PE ratio of 105.20, a price-to-earnings-growth ratio of 1.49 and a beta of 1.40. The Walt Disney Company has a 12-month low of $79.23 and a 12-month high of $123.74.

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 the consensus estimate of $1.20 by $0.19. The business had revenue of $23.20 billion for the quarter, compared to analyst estimates of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same period last year, the company earned $1.03 EPS. As a group, research analysts predict that The Walt Disney Company will post 4.92 earnings per share for the current year.

Analyst Ratings Changes

DIS has been the subject of several recent research reports. Evercore ISI lowered their price target on Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. Loop Capital lowered their price objective on Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, July 30th. Macquarie decreased their price objective on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating for the company in a report on Thursday, September 19th. Barclays dropped their target price on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Finally, Needham & Company LLC restated a “buy” rating and issued a $110.00 price objective on shares of Walt Disney in a research note on Thursday, September 26th. Five analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $118.05.

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.