Fayez Sarofim & Co Has $52.36 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Fayez Sarofim & Co lessened its position in shares of The Walt Disney Company (NYSE:DIS) by 12.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 470,237 shares of the entertainment giant’s stock after selling 69,055 shares during the period. Fayez Sarofim & Co’s holdings in Walt Disney were worth $52,361,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Farmers Trust Co. grew its holdings in Walt Disney by 1.1% during the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock worth $945,000 after acquiring an additional 92 shares in the last quarter. Pathway Financial Advisors LLC increased its position in Walt Disney by 2.7% during the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock worth $386,000 after buying an additional 92 shares during the period. Prossimo Advisors LLC increased its holdings in shares of Walt Disney by 1.1% in the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock valued at $972,000 after purchasing an additional 92 shares during the period. Saxon Interests Inc. grew its position in Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after buying an additional 93 shares during the last quarter. Finally, Onefund LLC lifted its position in Walt Disney by 2.0% in the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock valued at $541,000 after purchasing an additional 93 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 2.4 %

NYSE:DIS opened at $84.75 on Monday. The company has a market cap of $153.21 billion, a price-to-earnings ratio of 27.61, a P/E/G ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The stock’s fifty day moving average price is $99.24 and its two-hundred day moving average price is $104.45.

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

Wall Street Analyst Weigh In

Several equities analysts have weighed in on DIS shares. Needham & Company LLC restated a “buy” rating and set a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Prescient Securities lowered their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. The Goldman Sachs Group boosted their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Morgan Stanley boosted their price target on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Six equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $124.48.

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.