Van Den Berg Management I Inc. Sells 377 Shares of The Walt Disney Company (NYSE:DIS)

Van Den Berg Management I Inc. lowered its stake in shares of The Walt Disney Company (NYSE:DIS) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,550 shares of the entertainment giant’s stock after selling 377 shares during the quarter. Walt Disney comprises approximately 2.2% of Van Den Berg Management I Inc.’s holdings, making the stock its 15th largest holding. Van Den Berg Management I Inc.’s holdings in Walt Disney were worth $7,744,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Macquarie reaffirmed a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Citigroup reiterated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. UBS Group dropped their price target on shares of Walt Disney from $130.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. Morgan Stanley lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, Wolfe Research raised Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 target price for the company in a report on Monday. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $123.75.

Walt Disney Stock Performance

Shares of Walt Disney stock opened at $87.28 on Thursday. The firm has a 50 day simple moving average of $97.80 and a 200 day simple moving average of $104.20. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The firm has a market cap of $157.79 billion, a P/E ratio of 28.43, a P/E/G ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates 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 predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.