Eubel Brady & Suttman Asset Management Inc. Sells 20,510 Shares of The Walt Disney Company $DIS

Eubel Brady & Suttman Asset Management Inc. lowered its stake in shares of The Walt Disney Company (NYSE:DIS) by 7.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 266,695 shares of the entertainment giant’s stock after selling 20,510 shares during the quarter. Walt Disney comprises approximately 4.2% of Eubel Brady & Suttman Asset Management Inc.’s investment portfolio, making the stock its 4th largest holding. Eubel Brady & Suttman Asset Management Inc.’s holdings in Walt Disney were worth $33,073,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Evergreen Wealth Management LLC increased its holdings in shares of Walt Disney by 149.2% during the second quarter. Evergreen Wealth Management LLC now owns 55,615 shares of the entertainment giant’s stock valued at $6,897,000 after acquiring an additional 33,302 shares in the last quarter. Wealth Management Associates Inc. increased its holdings in shares of Walt Disney by 8.4% during the second quarter. Wealth Management Associates Inc. now owns 5,304 shares of the entertainment giant’s stock valued at $658,000 after acquiring an additional 409 shares in the last quarter. Quaker Wealth Management LLC increased its holdings in shares of Walt Disney by 201.7% during the second quarter. Quaker Wealth Management LLC now owns 607 shares of the entertainment giant’s stock valued at $75,000 after acquiring an additional 1,204 shares in the last quarter. Oarsman Capital Inc. increased its holdings in shares of Walt Disney by 3.7% during the second quarter. Oarsman Capital Inc. now owns 13,103 shares of the entertainment giant’s stock valued at $1,625,000 after acquiring an additional 465 shares in the last quarter. Finally, Hoya Capital Real Estate LLC acquired a new position in shares of Walt Disney during the second quarter valued at about $249,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group downgraded shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Citigroup increased their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Wall Street Zen downgraded shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 price target on shares of Walt Disney in a report on Friday, October 17th. Nineteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus price target of $132.90.

Walt Disney Price Performance

Shares of NYSE DIS opened at $111.71 on Wednesday. The stock has a market capitalization of $200.85 billion, a price-to-earnings ratio of 17.51, a PEG ratio of 1.47 and a beta of 1.54. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The firm’s 50 day simple moving average is $114.47 and its 200-day simple moving average is $112.32. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. The business had revenue of $23.65 billion for 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 was up 2.1% on a year-over-year basis. During the same quarter last year, the company earned $1.39 EPS. Analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

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.