The Walt Disney Company (NYSE:DIS) Short Interest Update

The Walt Disney Company (NYSE:DIS) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 19,550,000 shares, an increase of 10.1% from the May 31st total of 17,750,000 shares. Based on an average daily trading volume, of 10,410,000 shares, the short-interest ratio is currently 1.9 days.

Insider Buying and Selling

In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James P. Gorman acquired 20,000 shares of Walt Disney stock in a transaction on Wednesday, May 8th. The shares were bought at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the transaction, the director now owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. ESL Trust Services LLC bought a new position in Walt Disney in the 1st quarter valued at approximately $31,000. Planned Solutions Inc. bought a new position in Walt Disney in the 4th quarter valued at approximately $26,000. Gold Investment Management Ltd. bought a new position in Walt Disney in the 4th quarter valued at approximately $28,000. Partnership Wealth Management LLC bought a new position in Walt Disney in the 4th quarter valued at approximately $33,000. Finally, Stone House Investment Management LLC raised its holdings 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 during the last quarter. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

DIS has been the subject of a number of recent research reports. Rosenblatt Securities boosted their target price on shares of Walt Disney from $129.00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Barclays reduced their target price on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating for the company in a research report on Wednesday, May 8th. Raymond James boosted their target price on shares of Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a research report on Tuesday, March 26th. The Goldman Sachs Group initiated coverage on shares of Walt Disney in a research report on Tuesday, June 25th. They issued a “buy” rating and a $125.00 target price for the company. Finally, UBS Group reduced their target price on shares of Walt Disney from $140.00 to $130.00 and set a “buy” rating for the company in a research report on Wednesday, May 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-three have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $126.44.

Walt Disney Stock Up 0.6 %

DIS stock opened at $98.59 on Thursday. The stock has a market capitalization of $179.72 billion, a P/E ratio of 107.16, a price-to-earnings-growth ratio of 1.23 and a beta of 1.40. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38. Walt Disney has a 12 month low of $78.73 and a 12 month high of $123.74. The firm has a 50-day moving average price of $104.17 and a 200-day moving average price of $104.81.

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

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.