Kimelman & Baird LLC Sells 4,146 Shares of The Walt Disney Company (NYSE:DIS)

Kimelman & Baird LLC lessened its stake in shares of The Walt Disney Company (NYSE:DIS) by 3.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 129,153 shares of the entertainment giant’s stock after selling 4,146 shares during the period. Walt Disney accounts for about 1.1% of Kimelman & Baird LLC’s investment portfolio, making the stock its 27th biggest holding. Kimelman & Baird LLC’s holdings in Walt Disney were worth $14,381,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new position in shares of Walt Disney in the fourth quarter valued at about $28,000. Tacita Capital Inc lifted its position in shares of Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after acquiring an additional 124 shares in the last quarter. Midwest Capital Advisors LLC purchased a new position in shares of Walt Disney in the fourth quarter valued at about $34,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Walt Disney in the fourth quarter valued at about $35,000. Finally, Vision Financial Markets LLC purchased a new position in shares of Walt Disney in the fourth quarter valued at about $39,000. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on DIS. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. The Goldman Sachs Group boosted their target price on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Needham & Company LLC reiterated a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Prescient Securities decreased their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Finally, Evercore ISI boosted their target price on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Walt Disney has an average rating of “Moderate Buy” and an average price target of $125.64.

Walt Disney Trading Up 1.9 %

DIS stock opened at $98.73 on Monday. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The stock has a market cap of $178.48 billion, a price-to-earnings ratio of 32.16, a PEG ratio of 1.80 and a beta of 1.41. The business’s 50-day moving average is $109.10 and its 200 day moving average is $104.45.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.