Vanguard Capital Wealth Advisors Sells 800 Shares of The Walt Disney Company (NYSE:DIS)

Vanguard Capital Wealth Advisors reduced its position in The Walt Disney Company (NYSE:DIS) by 24.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,446 shares of the entertainment giant’s stock after selling 800 shares during the period. Vanguard Capital Wealth Advisors’ holdings in Walt Disney were worth $272,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Trek Financial LLC boosted its position in shares of Walt Disney by 479.9% during the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant’s stock worth $4,044,000 after buying an additional 30,057 shares during the period. Greystone Financial Group LLC grew its stake in Walt Disney by 13.3% in the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock valued at $9,486,000 after purchasing an additional 9,967 shares in the last quarter. FourThought Financial Partners LLC acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $446,000. Swedbank AB raised its stake in shares of Walt Disney by 14.4% during the 4th quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant’s stock worth $374,336,000 after purchasing an additional 422,339 shares in the last quarter. Finally, Alecta Tjanstepension Omsesidigt boosted its holdings in shares of Walt Disney by 2.9% in the 4th quarter. Alecta Tjanstepension Omsesidigt now owns 3,569,400 shares of the entertainment giant’s stock valued at $397,667,000 after buying an additional 100,000 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the sale, the executive vice president now directly owns 46,831 shares of the company’s stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is owned by insiders.

Walt Disney Stock Performance

NYSE DIS opened at $112.59 on Tuesday. The stock has a fifty day simple moving average of $94.90 and a 200-day simple moving average of $104.90. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock has a market cap of $202.41 billion, a PE ratio of 36.67, a P/E/G ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.24. The business had revenue of $23.62 billion during the quarter, compared to analysts’ expectations of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period last year, the business earned $1.21 earnings per share. Equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on DIS. Prescient Securities dropped their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Guggenheim cut their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. Needham & Company LLC reiterated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Thursday, May 8th. Citigroup restated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. Finally, Loop Capital boosted their target price on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target of $123.54.

About Walt Disney

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.