The Walt Disney Company $DIS Shares Sold by Cromwell Holdings LLC

Cromwell Holdings LLC decreased its position in The Walt Disney Company (NYSE:DIS) by 11.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,256 shares of the entertainment giant’s stock after selling 684 shares during the quarter. Cromwell Holdings LLC’s holdings in Walt Disney were worth $654,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC grew its position in Walt Disney by 27.8% in the second quarter. Ashton Thomas Securities LLC now owns 32,758 shares of the entertainment giant’s stock valued at $4,063,000 after acquiring an additional 7,129 shares in the last quarter. Hilltop National Bank acquired a new stake in Walt Disney in the second quarter valued at approximately $519,000. Triad Wealth Partners LLC acquired a new stake in Walt Disney in the second quarter valued at approximately $229,000. Jmac Enterprises LLC acquired a new stake in Walt Disney in the second quarter valued at approximately $216,000. Finally, Rainey & Randall Wealth Advisors Inc. acquired a new stake in Walt Disney in the second quarter valued at approximately $207,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS opened at $112.14 on Friday. The business’s fifty day moving average price is $116.30 and its 200 day moving average price is $109.86. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The stock has a market capitalization of $201.62 billion, a PE ratio of 17.58, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

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, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $23.65 billion for the quarter, compared to analysts’ expectations of $23.69 billion. During the same period last year, the business posted $1.39 earnings per share. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. Equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Citigroup raised their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. UBS Group raised their price target on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Finally, Barclays raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Nineteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.18.

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.