Walt Disney Co (NYSE:DIS) was the target of a large decrease in short interest in March. As of March 29th, there was short interest totalling 13,978,131 shares, a decrease of 67.7% from the March 15th total of 43,262,491 shares. Based on an average trading volume of 22,809,878 shares, the short-interest ratio is currently 0.6 days. Currently, 0.8% of the shares of the stock are short sold.

NYSE:DIS opened at $132.04 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current ratio of 1.00. Walt Disney has a 12 month low of $97.68 and a 12 month high of $132.70. The stock has a market capitalization of $193.89 billion, a price-to-earnings ratio of 18.65, a P/E/G ratio of 3.22 and a beta of 0.91.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.27. The company had revenue of $15.30 billion during the quarter, compared to the consensus estimate of $15.20 billion. Walt Disney had a return on equity of 20.50% and a net margin of 18.46%. The company’s revenue was down .3% on a year-over-year basis. During the same period last year, the firm earned $1.89 earnings per share. Equities research analysts anticipate that Walt Disney will post 6.88 EPS for the current fiscal year.

DIS has been the topic of a number of recent research reports. Goldman Sachs Group began coverage on Walt Disney in a research report on Thursday, April 4th. They set a “buy” rating and a $142.00 price objective on the stock. Rosenblatt Securities assumed coverage on Walt Disney in a research note on Tuesday, April 2nd. They issued a “buy” rating and a $150.00 price objective for the company. Citigroup began coverage on Walt Disney in a research note on Tuesday, April 2nd. They issued a “buy” rating and a $150.00 price objective for the company. Edward Jones raised Walt Disney from a “hold” rating to a “buy” rating in a report on Wednesday, February 13th. Finally, Tigress Financial reaffirmed a “buy” rating on shares of Walt Disney in a report on Tuesday, February 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nineteen have given a buy rating to the stock. Walt Disney has an average rating of “Buy” and a consensus target price of $130.20.

In other Walt Disney news, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction on Thursday, February 21st. The stock was sold at an average price of $114.35, for a total value of $228,700.00. Following the transaction, the executive vice president now owns 26,517 shares of the company’s stock, valued at approximately $3,032,218.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Zenia B. Mucha sold 33,000 shares of the company’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $128.88, for a total value of $4,253,040.00. The disclosure for this sale can be found here. Insiders have sold a total of 37,000 shares of company stock worth $4,708,940 over the last ninety days. Insiders own 0.36% of the company’s stock.

A number of hedge funds have recently modified their holdings of DIS. Northwest Wealth Management LLC raised its holdings in Walt Disney by 3.2% during the first quarter. Northwest Wealth Management LLC now owns 2,922 shares of the entertainment giant’s stock worth $324,000 after purchasing an additional 91 shares in the last quarter. Boltwood Capital Management grew its position in Walt Disney by 0.4% during the 4th quarter. Boltwood Capital Management now owns 22,637 shares of the entertainment giant’s stock worth $2,482,000 after purchasing an additional 94 shares in the last quarter. Stockman Wealth Management Inc. grew its position in Walt Disney by 1.0% during the 4th quarter. Stockman Wealth Management Inc. now owns 9,392 shares of the entertainment giant’s stock worth $1,030,000 after purchasing an additional 95 shares in the last quarter. First National Bank of Hutchinson grew its position in Walt Disney by 4.0% during the 4th quarter. First National Bank of Hutchinson now owns 2,527 shares of the entertainment giant’s stock worth $277,000 after purchasing an additional 97 shares in the last quarter. Finally, YorkBridge Wealth Partners LLC grew its holdings in shares of Walt Disney by 0.8% during the 4th quarter. YorkBridge Wealth Partners LLC now owns 12,422 shares of the entertainment giant’s stock valued at $1,362,000 after acquiring an additional 99 shares in the last quarter. Institutional investors own 64.61% of the company’s stock.

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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.

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