Fullcircle Wealth LLC Sells 4,264 Shares of The Walt Disney Company $DIS

Fullcircle Wealth LLC reduced its position in The Walt Disney Company (NYSE:DIS) by 22.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,822 shares of the entertainment giant’s stock after selling 4,264 shares during the period. Fullcircle Wealth LLC’s holdings in Walt Disney were worth $1,769,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Brighton Jones LLC increased its position in shares of Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares in the last quarter. Roffman Miller Associates Inc. PA lifted its position in Walt Disney by 0.6% in the 1st quarter. Roffman Miller Associates Inc. PA now owns 232,657 shares of the entertainment giant’s stock valued at $22,963,000 after acquiring an additional 1,322 shares in the last quarter. Capital Advisors Inc. OK boosted its stake in Walt Disney by 16.5% during the 1st quarter. Capital Advisors Inc. OK now owns 11,054 shares of the entertainment giant’s stock valued at $1,091,000 after purchasing an additional 1,567 shares during the last quarter. TD Private Client Wealth LLC increased its holdings in Walt Disney by 26.7% during the 1st quarter. TD Private Client Wealth LLC now owns 28,252 shares of the entertainment giant’s stock worth $2,788,000 after purchasing an additional 5,958 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC increased its holdings in Walt Disney by 37.6% during the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 41,969 shares of the entertainment giant’s stock worth $4,142,000 after purchasing an additional 11,468 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

DIS has been the topic of a number of recent research reports. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Wall Street Zen lowered Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Jefferies Financial Group downgraded shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Evercore ISI upped their target price on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, August 4th. Finally, Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $132.90.

Walt Disney Trading Down 0.4%

Shares of DIS stock opened at $112.14 on Tuesday. The company has a market capitalization of $201.62 billion, a PE ratio of 17.58, a price-to-earnings-growth ratio of 1.45 and a beta of 1.54. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The business’s fifty day moving average is $114.01 and its 200 day moving average is $113.28. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share 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 business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same period in the prior year, the company earned $1.39 EPS. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.