The Walt Disney Company (NYSE:DIS) Stock Position Lowered by RS Crum Inc.

RS Crum Inc. trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 5.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,655 shares of the entertainment giant’s stock after selling 915 shares during the period. Walt Disney accounts for 0.4% of RS Crum Inc.’s investment portfolio, making the stock its 26th biggest holding. RS Crum Inc.’s holdings in Walt Disney were worth $1,545,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after buying an additional 1,904 shares during the period. Valmark Advisers Inc. boosted its position in Walt Disney by 15.1% during the fourth quarter. Valmark Advisers Inc. now owns 12,007 shares of the entertainment giant’s stock valued at $1,337,000 after purchasing an additional 1,572 shares during the last quarter. Pathway Financial Advisors LLC boosted 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 valued at $386,000 after purchasing an additional 92 shares during the last quarter. Sierra Ocean LLC purchased a new position in Walt Disney in the fourth quarter valued at about $382,000. Finally, New Jersey Better Educational Savings Trust acquired a new position in Walt Disney in the 4th quarter worth about $231,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Performance

DIS opened at $119.43 on Tuesday. The stock’s 50 day simple moving average is $102.33 and its 200-day simple moving average is $105.78. 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 stock has a market cap of $214.71 billion, a PE ratio of 38.90, a P/E/G ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $120.50.

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

Analysts Set New Price Targets

DIS has been the subject of several recent research reports. UBS Group boosted their price target on Walt Disney from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Rosenblatt Securities increased their price target on shares of Walt Disney from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, June 3rd. Guggenheim reduced their price objective on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. Morgan Stanley increased their target price on shares of Walt Disney from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, May 8th. Finally, Barclays boosted their price target on Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, May 8th. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $123.96.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the sale, the executive vice president now directly owns 46,831 shares of the company’s stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.16% of the company’s stock.

About Walt Disney

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.