Saratoga Research & Investment Management Purchases 11,629 Shares of Walt Disney Co (DIS)
Saratoga Research & Investment Management raised its position in Walt Disney Co (NYSE:DIS) by 3.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 338,876 shares of the entertainment giant’s stock after purchasing an additional 11,629 shares during the quarter. Walt Disney makes up approximately 2.6% of Saratoga Research & Investment Management’s holdings, making the stock its 17th biggest position. Saratoga Research & Investment Management’s holdings in Walt Disney were worth $36,433,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. State of Alaska Department of Revenue lifted its position in shares of Walt Disney by 196.9% in the fourth quarter. State of Alaska Department of Revenue now owns 218,351 shares of the entertainment giant’s stock worth $23,472,000 after buying an additional 144,798 shares during the last quarter. McCollum Christoferson Group LLC acquired a new stake in shares of Walt Disney in the fourth quarter worth about $6,433,000. BKD Wealth Advisors LLC lifted its position in shares of Walt Disney by 3.8% in the fourth quarter. BKD Wealth Advisors LLC now owns 36,060 shares of the entertainment giant’s stock worth $3,877,000 after buying an additional 1,313 shares during the last quarter. Oakbrook Investments LLC lifted its position in shares of Walt Disney by 16.8% in the fourth quarter. Oakbrook Investments LLC now owns 359,424 shares of the entertainment giant’s stock worth $38,642,000 after buying an additional 51,672 shares during the last quarter. Finally, WealthTrust Arizona LLC lifted its position in shares of Walt Disney by 370.1% in the fourth quarter. WealthTrust Arizona LLC now owns 1,890 shares of the entertainment giant’s stock worth $203,000 after buying an additional 1,488 shares during the last quarter. Hedge funds and other institutional investors own 61.65% of the company’s stock.
In related news, Director Aylwin B. Lewis sold 1,797 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $108.39, for a total transaction of $194,776.83. Following the transaction, the director now directly owns 85,636 shares in the company, valued at $9,282,086.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.38% of the company’s stock.
Walt Disney Co (NYSE DIS) opened at $102.99 on Monday. Walt Disney Co has a 12 month low of $96.20 and a 12 month high of $116.10. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.80 and a current ratio of 0.87. The stock has a market capitalization of $154,863.59, a PE ratio of 17.05, a P/E/G ratio of 1.76 and a beta of 1.30.
Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.28. Walt Disney had a return on equity of 20.44% and a net margin of 19.61%. The firm had revenue of $15.35 billion for the quarter, compared to analyst estimates of $15.47 billion. During the same period in the previous year, the company posted $1.55 earnings per share. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. equities analysts anticipate that Walt Disney Co will post 6.95 EPS for the current fiscal year.
TRADEMARK VIOLATION WARNING: This article was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://www.watchlistnews.com/saratoga-research-investment-management-purchases-11629-shares-of-walt-disney-co-dis/1908742.html.
About Walt Disney
The Walt Disney Company is an 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.
Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Co (NYSE:DIS).
Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.