180 Wealth Advisors LLC Cuts Stock Position in The Walt Disney Company $DIS

180 Wealth Advisors LLC lessened its holdings in The Walt Disney Company (NYSE:DIS) by 6.3% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 4,517 shares of the entertainment giant’s stock after selling 302 shares during the period. 180 Wealth Advisors LLC’s holdings in Walt Disney were worth $560,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Walt Disney by 1.6% during 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 last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of Walt Disney during the second quarter worth $4,220,599,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Walt Disney by 9.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant’s stock valued at $1,826,930,000 after purchasing an additional 1,642,907 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Walt Disney by 4.2% during the first quarter. Bank of New York Mellon Corp now owns 17,821,361 shares of the entertainment giant’s stock valued at $1,758,968,000 after purchasing an additional 717,066 shares in the last quarter. Finally, Amundi grew its position in shares of Walt Disney by 11.4% during the first quarter. Amundi now owns 14,882,195 shares of the entertainment giant’s stock valued at $1,468,873,000 after purchasing an additional 1,520,513 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 1.2%

NYSE:DIS opened at $111.64 on Friday. The company has a market cap of $200.72 billion, a PE ratio of 17.50, a P/E/G ratio of 1.48 and a beta of 1.54. 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 company’s 50 day moving average is $114.64 and its two-hundred day moving average is $111.64.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same period in the prior year, the firm earned $1.39 EPS. The firm’s revenue was up 2.1% on a year-over-year basis. Analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on DIS shares. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Rosenblatt Securities restated a “buy” rating and set a $141.00 price objective on shares of Walt Disney in a research report on Friday, October 17th. Morgan Stanley 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 Monday, August 4th. JPMorgan Chase & Co. lifted their price target on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Finally, Jefferies Financial Group lowered Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.90.

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.