Woodley Farra Manion Portfolio Management Inc. Sells 31,903 Shares of The Walt Disney Company $DIS

Woodley Farra Manion Portfolio Management Inc. reduced its holdings in The Walt Disney Company (NYSE:DIS) by 4.2% during the third quarter, Holdings Channel reports. The firm owned 725,210 shares of the entertainment giant’s stock after selling 31,903 shares during the period. Walt Disney makes up 3.9% of Woodley Farra Manion Portfolio Management Inc.’s portfolio, making the stock its 7th largest holding. Woodley Farra Manion Portfolio Management Inc.’s holdings in Walt Disney were worth $83,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Copeland Capital Management LLC bought a new position in shares of Walt Disney in the third quarter valued at $25,000. Strengthening Families & Communities LLC bought a new stake in shares of Walt Disney during the 3rd quarter worth $29,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Walt Disney in the 3rd quarter worth $33,000. Total Investment Management Inc. acquired a new stake in shares of Walt Disney during the second quarter worth $37,000. Finally, Howard Hughes Medical Institute acquired a new stake in shares of Walt Disney during the second quarter worth $48,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Down 0.0%

Shares of NYSE DIS traded down $0.05 during mid-day trading on Friday, reaching $105.95. The company had a trading volume of 636,379 shares, compared to its average volume of 11,861,313. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.61 and a current ratio of 0.67. The company has a market capitalization of $187.69 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 1.46 and a beta of 1.43. The stock has a fifty day moving average of $110.84 and a two-hundred day moving average of $111.83. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.06. The firm had revenue of $25.98 billion for the quarter, compared to analyst estimates of $25.54 billion. Walt Disney had a net margin of 12.80% and a return on equity of 8.90%. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.40 EPS. As a group, equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DIS. Phillip Securities raised Walt Disney to a “moderate buy” rating in a research note on Monday, January 12th. TD Cowen reiterated a “hold” rating and issued a $123.00 target price on shares of Walt Disney in a report on Tuesday, February 3rd. Arete Research raised shares of Walt Disney to a “strong sell” rating in a research report on Tuesday, October 28th. The Goldman Sachs Group restated a “buy” rating and issued a $151.00 price target on shares of Walt Disney in a research report on Monday, February 2nd. Finally, Morgan Stanley assumed coverage on shares of Walt Disney in a research note on Tuesday, February 3rd. They issued an “overweight” rating and a $135.00 price objective for the company. Seventeen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $135.80.

Walt Disney Company Profile

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.