Waldron Private Wealth LLC Sells 270 Shares of The Walt Disney Company $DIS

Waldron Private Wealth LLC decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 6.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 3,701 shares of the entertainment giant’s stock after selling 270 shares during the period. Waldron Private Wealth LLC’s holdings in Walt Disney were worth $459,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of DIS. Brighton Jones LLC boosted 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 valued at $2,980,000 after buying an additional 1,904 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Walt Disney by 8.1% during the first quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock valued at $2,451,000 after buying an additional 1,856 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Walt Disney by 13.3% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 402,509 shares of the entertainment giant’s stock valued at $39,728,000 after buying an additional 47,098 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of Walt Disney by 3.8% during the first quarter. Sunbelt Securities Inc. now owns 7,678 shares of the entertainment giant’s stock valued at $758,000 after buying an additional 280 shares during the last quarter. Finally, Golden State Wealth Management LLC boosted its position in shares of Walt Disney by 19.7% during the first quarter. Golden State Wealth Management LLC now owns 7,220 shares of the entertainment giant’s stock valued at $713,000 after buying an additional 1,188 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on DIS. Wall Street Zen cut Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Rosenblatt Securities reissued a “buy” rating and issued a $141.00 price objective on shares of Walt Disney in a research report on Friday, October 17th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Walt Disney in a research report on Friday. Finally, Raymond James Financial reissued a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $132.90.

Walt Disney Trading Down 1.2%

Shares of DIS opened at $111.64 on Monday. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The business has a 50-day moving average of $114.64 and a 200 day moving average of $111.99. The firm has a market cap of $200.72 billion, a P/E ratio of 17.50, a price-to-earnings-growth ratio of 1.46 and a beta of 1.54. 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 quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $23.69 billion. During the same period in the previous year, the business posted $1.39 EPS. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney 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.