Williams Jones Wealth Management LLC. Sells 18,850 Shares of The Walt Disney Company (NYSE:DIS)

Williams Jones Wealth Management LLC. lowered its holdings in shares of The Walt Disney Company (NYSE:DIS) by 13.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 126,035 shares of the entertainment giant’s stock after selling 18,850 shares during the quarter. Williams Jones Wealth Management LLC.’s holdings in Walt Disney were worth $14,034,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Liberty One Investment Management LLC raised its holdings in Walt Disney by 11.7% in the 4th quarter. Liberty One Investment Management LLC now owns 2,548 shares of the entertainment giant’s stock worth $284,000 after purchasing an additional 266 shares during the period. Kaydan Wealth Management Inc. bought a new position in shares of Walt Disney in the fourth quarter worth about $201,000. Client 1ST Advisory Group LLC purchased a new position in shares of Walt Disney during the 4th quarter valued at about $313,000. LVW Advisors LLC grew its stake in shares of Walt Disney by 14.7% during the 4th quarter. LVW Advisors LLC now owns 5,470 shares of the entertainment giant’s stock valued at $609,000 after acquiring an additional 700 shares during the period. Finally, Diversify Wealth Management LLC increased its holdings in Walt Disney by 60.5% in the 4th quarter. Diversify Wealth Management LLC now owns 38,367 shares of the entertainment giant’s stock worth $4,169,000 after acquiring an additional 14,461 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president now directly owns 46,831 shares of the company’s stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.16% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on DIS. The Goldman Sachs Group lifted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. UBS Group lifted their target price on shares of Walt Disney from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Wolfe Research raised Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target on the stock in a report on Monday, April 21st. Finally, Loop Capital upped their price objective on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, May 8th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $123.54.

Walt Disney Stock Performance

Walt Disney stock opened at $112.59 on Tuesday. The company’s 50-day moving average price is $94.90 and its 200-day moving average price is $104.90. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market cap of $202.41 billion, a PE ratio of 36.67, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The company had revenue of $23.62 billion during the quarter, compared to analyst estimates of $23.15 billion. During the same quarter last year, the business posted $1.21 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.