The Walt Disney Company $DIS Shares Sold by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. reduced its position in The Walt Disney Company (NYSE:DISFree Report) by 11.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 76,379 shares of the entertainment giant’s stock after selling 9,976 shares during the quarter. Walt Disney makes up approximately 1.4% of John G Ullman & Associates Inc.’s investment portfolio, making the stock its 16th biggest position. John G Ullman & Associates Inc.’s holdings in Walt Disney were worth $9,472,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of DIS. Brighton Jones LLC lifted its stake in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Walt Disney by 8.1% in the 1st quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock valued at $2,451,000 after purchasing an additional 1,856 shares in the last quarter. Advisor Resource Council acquired a new position in Walt Disney during the 1st quarter worth approximately $434,000. Foundation Wealth Management LLC boosted its holdings in Walt Disney by 37.8% in the 1st quarter. Foundation Wealth Management LLC now owns 5,991 shares of the entertainment giant’s stock worth $591,000 after acquiring an additional 1,644 shares during the period. Finally, Mizuho Securities Co. Ltd. boosted its holdings in Walt Disney by 1,605.6% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 3,070 shares of the entertainment giant’s stock worth $303,000 after acquiring an additional 2,890 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DIS has been the subject of a number of analyst reports. Citigroup upped their price target on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Evercore ISI upped their price target on Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Susquehanna restated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Jefferies Financial Group cut Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Finally, UBS Group upped their price target on Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. Nineteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $132.90.

Check Out Our Latest Report on DIS

Walt Disney Stock Performance

Walt Disney stock opened at $110.69 on Friday. The stock has a market cap of $199.00 billion, a P/E ratio of 17.35, a price-to-earnings-growth ratio of 1.45 and a beta of 1.54. 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 50 day moving average of $114.86 and a 200-day moving average of $110.83. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69.

Walt Disney (NYSE:DISGet Free Report) last released 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 return on equity of 9.67% and a net margin of 12.22%.The business’s revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.39 EPS. On average, analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

About Walt Disney

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DISFree Report).

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.