Blume Capital Management Inc. grew its position in shares of Walt Disney Co (NYSE:DIS) by 1.1% in the fourth quarter, HoldingsChannel reports. The firm owned 40,089 shares of the entertainment giant’s stock after purchasing an additional 440 shares during the period. Walt Disney comprises approximately 2.5% of Blume Capital Management Inc.’s holdings, making the stock its 15th biggest position. Blume Capital Management Inc.’s holdings in Walt Disney were worth $4,396,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. Matthew Goff Investment Advisor LLC grew its position in shares of Walt Disney by 10,381.0% during the 3rd quarter. Matthew Goff Investment Advisor LLC now owns 5,399,078 shares of the entertainment giant’s stock valued at $51,513,000 after purchasing an additional 5,347,565 shares in the last quarter. Federated Investors Inc. PA lifted its holdings in shares of Walt Disney by 529.4% during the 3rd quarter. Federated Investors Inc. PA now owns 812,831 shares of the entertainment giant’s stock worth $95,051,000 after acquiring an additional 683,682 shares during the last quarter. Royal London Asset Management Ltd. bought a new stake in shares of Walt Disney during the 4th quarter worth $72,938,000. Vanguard Group Inc lifted its holdings in shares of Walt Disney by 0.5% during the 3rd quarter. Vanguard Group Inc now owns 103,729,219 shares of the entertainment giant’s stock worth $12,130,095,000 after acquiring an additional 553,232 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Walt Disney by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 103,729,219 shares of the entertainment giant’s stock worth $12,130,095,000 after acquiring an additional 553,232 shares during the last quarter. Hedge funds and other institutional investors own 64.63% of the company’s stock.

A number of analysts have recently issued reports on the stock. Loop Capital lifted their price objective on shares of Walt Disney to $140.00 and gave the stock a “buy” rating in a report on Monday, April 15th. Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Monday, April 15th. BTIG Research raised shares of Walt Disney from a “sell” rating to a “neutral” rating in a report on Monday, April 15th. Imperial Capital lifted their price objective on shares of Walt Disney from $129.00 to $139.00 and gave the stock an “outperform” rating in a report on Monday, April 15th. Finally, Bank of America set a $144.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a report on Friday, April 12th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have issued a buy rating to the stock. Walt Disney has an average rating of “Buy” and a consensus target price of $131.11.

Walt Disney stock opened at $131.68 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $196.31 billion, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of 3.83 and a beta of 0.91. Walt Disney Co has a twelve month low of $97.68 and a twelve month high of $132.87.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.27. The business had revenue of $15.30 billion during the quarter, compared to the consensus estimate of $15.20 billion. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The firm’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.89 earnings per share. On average, equities analysts anticipate that Walt Disney Co will post 6.79 EPS for the current fiscal year.

In other news, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction dated Thursday, February 21st. The shares were sold at an average price of $114.35, for a total transaction of $228,700.00. Following the completion of the transaction, the executive vice president now directly owns 26,517 shares of the company’s stock, valued at $3,032,218.95. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Zenia B. Mucha sold 33,000 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $128.88, for a total transaction of $4,253,040.00. The disclosure for this sale can be found here. Insiders sold 37,000 shares of company stock valued at $4,708,940 over the last three months. 0.36% of the stock is currently owned by insiders.

COPYRIGHT VIOLATION WARNING: “Walt Disney Co (DIS) Stake Lifted by Blume Capital Management Inc.” was originally posted by Watch List News and is the property of of Watch List News. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.watchlistnews.com/walt-disney-co-dis-stake-lifted-by-blume-capital-management-inc/2981887.html.

About Walt Disney

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.

Featured Article: What is the QQQ ETF?

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).

Institutional Ownership by Quarter for Walt Disney (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.