Bowling Portfolio Management LLC cut its holdings in shares of The Walt Disney Company (NYSE:DIS – Get Rating) by 3.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 16,090 shares of the entertainment giant’s stock after selling 540 shares during the period. Bowling Portfolio Management LLC’s holdings in Walt Disney were worth $2,207,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of DIS. Syverson Stege & Co lifted its position in Walt Disney by 384.8% during the 4th quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant’s stock worth $25,000 after buying an additional 127 shares in the last quarter. Sandy Cove Advisors LLC bought a new stake in shares of Walt Disney in the 4th quarter valued at about $27,000. MBM Wealth Consultants LLC raised its holdings in shares of Walt Disney by 94.7% in the 4th quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant’s stock valued at $34,000 after purchasing an additional 107 shares during the period. Advanced Research Investment Solutions LLC raised its holdings in shares of Walt Disney by 46.0% in the 4th quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant’s stock valued at $36,000 after purchasing an additional 75 shares during the period. Finally, Delos Wealth Advisors LLC raised its holdings in shares of Walt Disney by 2,933.3% in the 4th quarter. Delos Wealth Advisors LLC now owns 273 shares of the entertainment giant’s stock valued at $42,000 after purchasing an additional 264 shares during the period. 64.17% of the stock is currently owned by hedge funds and other institutional investors.
NYSE DIS opened at $93.50 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.01 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $170.23 billion, a price-to-earnings ratio of 64.48, a P/E/G ratio of 1.09 and a beta of 1.21. The firm’s 50 day simple moving average is $108.79 and its 200 day simple moving average is $132.54. The Walt Disney Company has a 1 year low of $92.01 and a 1 year high of $187.58.
Walt Disney (NYSE:DIS – Get Rating) last posted its quarterly earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.11). Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. During the same quarter last year, the business posted $0.79 EPS. On average, equities research analysts forecast that The Walt Disney Company will post 4.03 earnings per share for the current year.
DIS has been the topic of a number of research analyst reports. Royal Bank of Canada dropped their target price on shares of Walt Disney from $210.00 to $176.00 in a report on Thursday, May 12th. StockNews.com cut shares of Walt Disney from a “hold” rating to a “sell” rating in a report on Thursday, June 2nd. Moffett Nathanson dropped their target price on shares of Walt Disney from $165.00 to $150.00 and set a “neutral” rating on the stock in a report on Monday, March 7th. Rosenblatt Securities began coverage on shares of Walt Disney in a research note on Tuesday, April 19th. They issued a “buy” rating and a $177.00 price target on the stock. Finally, Credit Suisse Group decreased their price target on shares of Walt Disney from $218.00 to $170.00 in a research note on Thursday, May 12th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have issued a buy rating to the company’s stock. According to MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average price target of $167.56.
About Walt Disney (Get Rating)
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.
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