Walt Disney Target of Unusually Large Options Trading (DIS)

Walt Disney Co (NYSE:DIS) was the target of unusually large options trading on Monday. Traders purchased 8,448 put options on the stock. This represents an increase of 748% compared to the typical daily volume of 996 put options.

In other news, EVP Brent Woodford sold 2,000 shares of the firm’s stock in a transaction on Monday, January 30th. The stock was sold at an average price of $110.50, for a total value of $221,000.00. Following the transaction, the executive vice president now directly owns 27,745 shares in the company, valued at approximately $3,065,822.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 13.00% of the stock is owned by company insiders.

A number of large investors have recently made changes to their positions in the company. Charter Trust Co. boosted its stake in shares of Walt Disney by 9.4% in the third quarter. Charter Trust Co. now owns 35,962 shares of the entertainment giant’s stock worth $3,340,000 after buying an additional 3,095 shares during the period. Johanson Financial Advisors Inc. increased its position in shares of Walt Disney by 2.0% in the third quarter. Johanson Financial Advisors Inc. now owns 4,102 shares of the entertainment giant’s stock valued at $380,000 after buying an additional 82 shares in the last quarter. BTR Capital Management Inc. increased its position in shares of Walt Disney by 9.4% in the third quarter. BTR Capital Management Inc. now owns 118,367 shares of the entertainment giant’s stock valued at $10,992,000 after buying an additional 10,205 shares in the last quarter. Smithbridge Asset Management Inc. DE increased its position in shares of Walt Disney by 1.0% in the third quarter. Smithbridge Asset Management Inc. DE now owns 18,360 shares of the entertainment giant’s stock valued at $1,705,000 after buying an additional 185 shares in the last quarter. Finally, National Pension Service increased its position in shares of Walt Disney by 8.7% in the third quarter. National Pension Service now owns 964,063 shares of the entertainment giant’s stock valued at $89,523,000 after buying an additional 77,253 shares in the last quarter. Institutional investors and hedge funds own 58.65% of the company’s stock.

Several research analysts have weighed in on the company. Guggenheim reiterated a “buy” rating and set a $128.00 target price on shares of Walt Disney in a report on Tuesday. JPMorgan Chase & Co. reiterated an “overweight” rating and set a $124.00 target price on shares of Walt Disney in a report on Tuesday. Goldman Sachs Group Inc set a $138.00 target price on Walt Disney and gave the stock a “buy” rating in a report on Tuesday. Vetr upgraded Walt Disney from a “hold” rating to a “buy” rating and set a $118.01 target price on the stock in a report on Monday. Finally, FBR & Co lifted their target price on Walt Disney from $113.00 to $116.00 and gave the stock a “mkt perform” rating in a report on Friday, April 7th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $116.38.

Shares of Walt Disney (NYSE:DIS) traded up 0.41% on Thursday, hitting $113.50. 4,659,342 shares of the stock traded hands. The firm has a market cap of $179.47 billion, a P/E ratio of 20.49 and a beta of 1.25. The stock has a 50-day moving average price of $111.82 and a 200 day moving average price of $103.86. Walt Disney has a 52 week low of $90.32 and a 52 week high of $114.25.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, February 7th. The entertainment giant reported $1.55 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.48 by $0.07. The business had revenue of $14.78 billion for the quarter, compared to analysts’ expectations of $15.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.43%. The business’s revenue was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.63 earnings per share. Equities research analysts predict that Walt Disney will post $5.95 EPS for the current fiscal year.

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Walt Disney Company Profile

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.

5 Day Chart for NYSE:DIS

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