Evergreen Capital Management LLC Has $11.10 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Evergreen Capital Management LLC boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 16.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 111,759 shares of the entertainment giant’s stock after acquiring an additional 15,736 shares during the period. Evergreen Capital Management LLC’s holdings in Walt Disney were worth $11,097,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in DIS. Mcdonald Partners LLC grew its stake in shares of Walt Disney by 0.5% in the first quarter. Mcdonald Partners LLC now owns 17,975 shares of the entertainment giant’s stock valued at $2,199,000 after acquiring an additional 88 shares in the last quarter. McKinley Carter Wealth Services Inc. boosted its holdings in Walt Disney by 1.5% in the first quarter. McKinley Carter Wealth Services Inc. now owns 5,894 shares of the entertainment giant’s stock worth $721,000 after acquiring an additional 89 shares in the last quarter. Sendero Wealth Management LLC lifted its holdings in shares of Walt Disney by 2.0% in the first quarter. Sendero Wealth Management LLC now owns 4,649 shares of the entertainment giant’s stock valued at $569,000 after purchasing an additional 89 shares in the last quarter. Pflug Koory LLC grew its holdings in shares of Walt Disney by 1.0% in the first quarter. Pflug Koory LLC now owns 8,993 shares of the entertainment giant’s stock valued at $1,100,000 after acquiring an additional 91 shares in the last quarter. Finally, Regent Peak Wealth Advisors LLC grew its position in shares of Walt Disney by 3.5% during the 1st quarter. Regent Peak Wealth Advisors LLC now owns 2,801 shares of the entertainment giant’s stock valued at $343,000 after acquiring an additional 94 shares during the period. 65.71% of the stock is owned by institutional investors.

Insider Activity at Walt Disney

In other news, Director Calvin Mcdonald acquired 11,756 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The stock was purchased at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the acquisition, the director now directly owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.10% of the stock is owned by corporate insiders.

Walt Disney Price Performance

NYSE DIS opened at $93.75 on Monday. 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 company has a market cap of $170.91 billion, a PE ratio of 101.90, a price-to-earnings-growth ratio of 1.31 and a beta of 1.40. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74. The firm’s 50-day simple moving average is $90.67 and its two-hundred day simple moving average is $101.83.

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

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Raymond James lowered their price target on Walt Disney from $123.00 to $101.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. The Goldman Sachs Group assumed coverage on Walt Disney in a research note on Tuesday, June 25th. They issued a “buy” rating and a $125.00 price target on the stock. Deutsche Bank Aktiengesellschaft cut their target price on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Bank of America dropped their target price on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, UBS Group reduced their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $118.43.

Walt Disney 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.