As of the second quarter, American National Bank has increased its position in shares of The Walt Disney Company by 22.0%. This information was disclosed in the bank’s most recent Form 13F filing with the Securities & Exchange Commission. After acquiring an additional 8,544 shares during the period, the firm now owns a total of 47,433 shares of the entertainment giant’s stock. The value of American National Bank’s holdings in Walt Disney is estimated to be $4,235,000 as of the end of the most recent quarter.
On August 9th, Walt Disney released its quarterly earnings data. According to these figures, the entertainment giant reported earnings per share (EPS) of $1.03 for the quarter. This surpassed analysts’ estimates by $0.04 as they had projected EPS at $0.99. The company generated revenue amounting to $22.33 billion during this period, slightly below the consensus estimate of $22.50 billion.
Walt Disney’s return on equity for this quarter was reported at 6.45%, while it maintained a net margin of 2.56%. It is worth noting that compared to the same quarter last year, the business experienced a 3.8% increase in revenue. In that previous year’s corresponding period, Walt Disney posted EPS of $1.09.
Analysts specializing in equities anticipate that The Walt Disney Company will report earnings per share totaling approximately 3.68 for the current fiscal year.
Investors and financial analysts alike have been keeping a close eye on Walt Disney as it continues to navigate changes and challenges within its industry landscape and adapt to various market conditions.
However, it should be noted that investing decisions should not solely rely on past performance or specific analyst forecasts alone but rather take into account a comprehensive analysis considering multiple factors such as market trends, competition, and overall economic conditions.
For those interested in further analysis of The Walt Disney Company’s stock, we encourage you to read our latest report, which provides a more in-depth examination of the company’s financial standing and its future prospects in the market.
Intel Corporation
INTC
Buy
Updated on: 27/09/2023
Healthy 
Price to earnings ratio: Strong Sell 
Evaluation of Walt Disney’s Stock: Insider Transactions, Institutional Ownership, and Analyst Perspectives
On September 19, 2023, several hedge funds were reported to have bought and sold shares of Walt Disney Company (DIS). One notable hedge fund, Markel Corp, increased its holdings in the entertainment giant by 2.3% during the first quarter, now owning 1,922,665 shares valued at $263,713,000. Meanwhile, Fairfield Bush & CO. grew its stake by 3.4%, amounting to 9,624 shares valued at $1,320,000.
Another example is United Bank’s stake in Walt Disney which has grown by 8.7% to 9,949 shares valued at $1,365,000. AMI Investment Management Inc., on the other hand, increased its stake by 4.6% to own a total of 24,918 shares valued at $3,418,000.
Mackenzie Financial Corp also saw a slight increase in its stake by 0.6%, now owning a total of 828,308 shares valued at $113,611 billion. It is interesting to note that institutional investors and hedge funds own approximately 61.17% of Walt Disney’s stock.
As of Tuesday’s market opening on the New York Stock Exchange (NYSE), Walt Disney opened at a price of $85.03 per share. With a market capitalization of $155.58 billion and a price-to-earnings ratio of 69.13 along with a beta of 1.28; this company appears to be quite perplexing for investors to evaluate.
Analyzing the company further reveals that it has a current ratio of 1.07 and a quick ratio of 1.00; indicating its ability to meet short-term financial obligations with its assets on hand with ease.To add more complexity to this analysis is the fact that Walt Disney carries a debt-to-equity ratio of only 0.44, which can be seen as manageable by investors.
Over the past year, Walt Disney’s stock has experienced a range of volatility, with its 52-week low at $79.75 and the high at $118.18. Presently, the company is showing a 50-day moving average of $85.78 and a 200-day moving average of $91.59.
In August, an interesting insider transaction caught attention – EVP Sonia L. Coleman sold 959 shares of Walt Disney stock at an average price of $89.05, valuing the transaction at $85,398.95 in total. Following this transaction, Coleman now directly owns 961 shares valued at $85,577.05.
Numerous analysts have offered their opinions on Walt Disney’s stock. Raymond James initiated coverage on the company and gave it an “outperform” rating with a target price of $97.00 per share. On the other hand, Barclays decreased their price target from $107.00 to $88.00 in June and Deutsche Bank Aktiengesellschaft also reduced their price target from $131.00 to $120.00 in August.
Citigroup lowered its price target from $125.00 to $120.00 but maintained a “buy” rating for the company in August as well.Finally, Atlantic Securities downgraded Walt Disney from “neutral” to “underweight” rating while decreasing their price target from$113 to $76$ in July.
Overall, Walt Disney currently has mixed reviews from analysts as two have rated it as “sell,” three have given it a “hold,” and eighteen have provided a”buy” rating.Based on data collected from Bloomberg reports,WaltDisney presently holds a consensus rating of “Moderate Buy”and an average price targetof$114.58
This multitude of investment activities and analyst perspectives surrounding Walt Disney showcases how perplexing evaluating such stocks can be. Investors must weigh various factors including insider transactions, institutional ownership, market volatility, and analyst opinions to make informed decisions about their investments in the entertainment giant.
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