The Walt Disney Company (NYSE:DIS) Shares Sold by Infusive Asset Management Inc.

Infusive Asset Management Inc. decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 16.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 37,659 shares of the entertainment giant’s stock after selling 7,518 shares during the period. Walt Disney accounts for approximately 1.9% of Infusive Asset Management Inc.’s portfolio, making the stock its 24th largest holding. Infusive Asset Management Inc.’s holdings in Walt Disney were worth $4,193,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GeoWealth Management LLC increased its stake in Walt Disney by 56.2% in the fourth quarter. GeoWealth Management LLC now owns 11,254 shares of the entertainment giant’s stock valued at $1,253,000 after purchasing an additional 4,047 shares during the last quarter. Capital International Sarl boosted its position in shares of Walt Disney by 37.0% in the fourth quarter. Capital International Sarl now owns 6,993 shares of the entertainment giant’s stock worth $779,000 after acquiring an additional 1,887 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in Walt Disney by 1.1% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,938,580 shares of the entertainment giant’s stock valued at $215,858,000 after purchasing an additional 21,673 shares during the period. Fairfield Bush & CO. purchased a new position in Walt Disney during the fourth quarter worth approximately $625,000. Finally, GKV Capital Management Co. Inc. purchased a new stake in shares of Walt Disney during the 4th quarter valued at $512,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DIS. UBS Group lowered their price target on Walt Disney from $130.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday. Loop Capital raised their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Prescient Securities dropped their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. The Goldman Sachs Group raised their price objective on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $124.48.

Walt Disney Trading Up 2.4 %

Walt Disney stock opened at $84.75 on Friday. The firm has a 50-day moving average price of $99.72 and a two-hundred day moving average price of $104.39. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63. The firm has a market capitalization of $153.21 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 1.80 and a beta of 1.44. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current 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.