The Walt Disney Company (NYSE:DIS) Stock Holdings Lowered by Safeguard Investment Advisory Group LLC

Safeguard Investment Advisory Group LLC cut its stake in shares of The Walt Disney Company (NYSE:DIS) by 22.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,914 shares of the entertainment giant’s stock after selling 1,133 shares during the period. Safeguard Investment Advisory Group LLC’s holdings in Walt Disney were worth $436,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. acquired a new position in shares of Walt Disney in the 4th quarter valued at $28,000. Tacita Capital Inc boosted its stake in Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after acquiring an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in Walt Disney in the fourth quarter valued at approximately $32,000. Midwest Capital Advisors LLC bought a new stake in shares of Walt Disney in the fourth quarter worth $34,000. Finally, Bay Harbor Wealth Management LLC bought a new stake in shares of Walt Disney in the fourth quarter worth $35,000. 65.71% of the stock is owned by institutional investors.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president now owns 46,831 shares in the company, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of recent research reports. Rosenblatt Securities reissued a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a research report on Monday, February 10th. Guggenheim reduced their price objective on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, May 8th. Wolfe Research upgraded Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price objective on the stock in a research note on Monday, April 21st. Loop Capital boosted their price objective on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Finally, The Goldman Sachs Group boosted their target price on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Six 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $123.54.

Walt Disney Stock Performance

Shares of DIS stock opened at $113.26 on Friday. The stock has a market cap of $203.62 billion, a PE ratio of 36.89, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The company’s fifty day moving average price is $94.62 and its 200-day moving average price is $104.66. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company had revenue of $23.62 billion for the quarter, compared to analysts’ expectations of $23.15 billion. During the same quarter last year, the business earned $1.21 EPS. The firm’s revenue was up 7.0% compared to the same quarter last year. On average, equities analysts expect 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.