The Walt Disney Company (NYSE:DIS) Shares Sold by Capital Analysts LLC

Capital Analysts LLC trimmed its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.8% in the 4th quarter, HoldingsChannel reports. The firm owned 43,271 shares of the entertainment giant’s stock after selling 1,265 shares during the quarter. Capital Analysts LLC’s holdings in Walt Disney were worth $4,818,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. FPC Investment Advisory Inc. purchased a new position in shares of Walt Disney in the fourth quarter worth approximately $28,000. Tacita Capital Inc boosted its stake in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new position in Walt Disney during the 4th quarter worth approximately $32,000. Midwest Capital Advisors LLC acquired a new stake in Walt Disney during the 4th quarter valued at $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney in the fourth quarter valued at $35,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 0.2 %

Walt Disney stock opened at $90.23 on Friday. The business’s 50-day simple moving average is $97.01 and its 200-day simple moving average is $104.09. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63. The firm has a market capitalization of $163.12 billion, a PE ratio of 29.39, a PEG ratio of 1.80 and a beta of 1.44. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. Equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on DIS shares. Citigroup reissued a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. The Goldman Sachs Group upped their target price on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Wolfe Research raised shares of Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target for the company in a research report on Monday, April 21st. UBS Group lowered their price objective on shares of Walt Disney from $130.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research report on Tuesday. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $123.75.

Walt Disney 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.