Rathbones Group PLC Has $133.41 Million Stake in The Walt Disney Company (NYSE:DIS)

Rathbones Group PLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 14.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,351,682 shares of the entertainment giant’s stock after selling 228,850 shares during the quarter. Rathbones Group PLC owned about 0.07% of Walt Disney worth $133,411,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in Walt Disney during the first quarter valued at approximately $26,000. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney during the fourth quarter valued at approximately $27,000. Kessler Investment Group LLC grew its holdings in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock valued at $27,000 after purchasing an additional 200 shares during the period. Copia Wealth Management acquired a new position in Walt Disney during the fourth quarter valued at approximately $36,000. Finally, Vermillion Wealth Management Inc. acquired a new position in Walt Disney during the fourth quarter valued at approximately $39,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Evercore ISI upped their price target on shares of Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, August 4th. Barclays upped their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. UBS Group boosted their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research report on Monday. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Walt Disney in a research report on Monday. Eight equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $112.60 on Tuesday. The firm has a 50 day moving average of $119.16 and a 200-day moving average of $107.98. The stock has a market capitalization of $202.45 billion, a PE ratio of 17.65, a PEG ratio of 1.62 and a beta of 1.56. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating the consensus estimate of $1.45 by $0.16. The company had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.39 EPS. On average, equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.