CSM Advisors LLC Trims Holdings in The Walt Disney Company $DIS

CSM Advisors LLC decreased its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 80,082 shares of the entertainment giant’s stock after selling 2,020 shares during the quarter. CSM Advisors LLC’s holdings in Walt Disney were worth $7,906,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. J. Safra Sarasin Holding AG lifted its position in Walt Disney by 8.1% during the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock worth $21,983,000 after buying an additional 16,781 shares in the last quarter. Planning Directions Inc. purchased a new position in Walt Disney during the first quarter worth approximately $326,000. WoodTrust Financial Corp raised its position in Walt Disney by 6.7% in the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock valued at $9,491,000 after purchasing an additional 6,047 shares during the period. Bank of Stockton raised its position in Walt Disney by 4.4% in the first quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant’s stock valued at $897,000 after purchasing an additional 383 shares during the period. Finally, Rheos Capital Works Inc. raised its position in Walt Disney by 164.7% in the first quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant’s stock valued at $39,026,000 after purchasing an additional 246,000 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 2.1%

Shares of NYSE DIS opened at $118.6640 on Monday. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. 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 stock has a fifty day simple moving average of $119.22 and a 200-day simple moving average of $108.21. The stock has a market capitalization of $213.35 billion, a PE ratio of 18.60, a PEG ratio of 1.72 and a beta of 1.56.

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

Analysts Set New Price Targets

A number of research firms have commented on DIS. Morgan Stanley lifted their target price on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Stephens restated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Guggenheim lifted their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, June 27th. Evercore ISI lifted their target price on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Finally, JPMorgan Chase & Co. lifted their target price on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $131.18.

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.