The Walt Disney Company (NYSE:DIS) Shares Sold by Milestone Asset Management LLC

Milestone Asset Management LLC decreased its holdings in The Walt Disney Company (NYSE:DIS) by 67.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,983 shares of the entertainment giant’s stock after selling 64,801 shares during the quarter. Milestone Asset Management LLC’s holdings in Walt Disney were worth $3,058,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of DIS. Mpwm Advisory Solutions LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at approximately $27,000. FPC Investment Advisory Inc. acquired a new position in shares of Walt Disney during the fourth quarter valued at approximately $28,000. Tacita Capital Inc raised its holdings in shares of Walt Disney by 93.2% during 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 during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Walt Disney during the fourth quarter valued at approximately $32,000. Finally, Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Brent Woodford sold 1,000 shares of the company’s stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president now owns 46,831 shares of the company’s stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Wolfe Research raised Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target for the company in a report on Monday, April 21st. The Goldman Sachs Group increased their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Barclays increased their price target on Walt Disney from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Thursday, May 8th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price objective on shares of Walt Disney in a research report on Monday, February 10th. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $123.54.

Walt Disney Trading Up 0.9%

NYSE DIS opened at $113.05 on Monday. The Walt Disney Company has a twelve month low of $80.10 and a twelve month 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 has a market cap of $203.24 billion, a price-to-earnings ratio of 36.82, a PEG ratio of 1.80 and a beta of 1.49. The firm’s 50 day moving average price is $97.05 and its two-hundred day moving average price is $105.68.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The business had revenue of $23.62 billion for the quarter, compared to analysts’ expectations of $23.15 billion. During the same period in the previous year, the company posted $1.21 EPS. Walt Disney’s revenue was up 7.0% on a year-over-year basis. Equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current 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.