Plancorp LLC Sells 1,477 Shares of The Walt Disney Company $DIS

Plancorp LLC cut its stake in shares of The Walt Disney Company (NYSE:DIS) by 18.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,671 shares of the entertainment giant’s stock after selling 1,477 shares during the quarter. Plancorp LLC’s holdings in Walt Disney were worth $827,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC purchased a new position in shares of Walt Disney during the 2nd quarter valued at $4,220,599,000. Nuveen LLC bought a new stake in Walt Disney during the first quarter valued at about $1,353,607,000. Diamond Hill Capital Management Inc. lifted its position in shares of Walt Disney by 1,080.7% in the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock valued at $277,993,000 after acquiring an additional 2,578,004 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Walt Disney by 1.6% in the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after acquiring an additional 2,446,087 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Walt Disney by 10,567.3% in the first quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant’s stock worth $241,884,000 after acquiring an additional 2,427,728 shares during the period. Institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Evercore ISI lifted 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. JPMorgan Chase & Co. boosted their price target on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Barclays raised their price objective on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Finally, Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. 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 company. According to MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $131.18.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $112.95 on Friday. The stock has a market cap of $203.07 billion, a price-to-earnings ratio of 17.70, a price-to-earnings-growth ratio of 1.64 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The stock has a 50 day moving average price of $117.11 and a 200-day moving average price of $109.34. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping 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 company had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same period last year, the company earned $1.39 earnings per share. Walt Disney’s revenue was up 2.1% on a year-over-year basis. Equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

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.