Tsfg LLC Sells 2,453 Shares of The Walt Disney Company (NYSE:DIS)

Tsfg LLC trimmed its stake in The Walt Disney Company (NYSE:DISGet Rating) by 44.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,080 shares of the entertainment giant’s stock after selling 2,453 shares during the period. Tsfg LLC’s holdings in Walt Disney were worth $291,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Clear Perspectives Financial Planning LLC lifted its stake in shares of Walt Disney by 126.3% during the 1st quarter. Clear Perspectives Financial Planning LLC now owns 181 shares of the entertainment giant’s stock worth $25,000 after acquiring an additional 101 shares during the last quarter. Roble Belko & Company Inc lifted its stake in shares of Walt Disney by 96.2% during the 1st quarter. Roble Belko & Company Inc now owns 206 shares of the entertainment giant’s stock worth $28,000 after acquiring an additional 101 shares during the last quarter. Worth Asset Management LLC bought a new stake in shares of Walt Disney during the 1st quarter worth approximately $29,000. Rational Advisors LLC lifted its stake in shares of Walt Disney by 74.1% during the 1st quarter. Rational Advisors LLC now owns 242 shares of the entertainment giant’s stock worth $33,000 after acquiring an additional 103 shares during the last quarter. Finally, MBM Wealth Consultants LLC lifted its stake in shares of Walt Disney by 94.7% during the 4th quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant’s stock worth $34,000 after acquiring an additional 107 shares during the last quarter. 61.37% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 3,000 shares of Walt Disney stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $119.03, for a total transaction of $357,090.00. Following the completion of the sale, the executive vice president now owns 28,624 shares of the company’s stock, valued at approximately $3,407,114.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.10% of the stock is currently owned by insiders.

Walt Disney Stock Down 2.2 %

Walt Disney stock opened at $102.16 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.97. The stock has a market capitalization of $186.24 billion, a price-to-earnings ratio of 59.40, a PEG ratio of 1.40 and a beta of 1.20. The Walt Disney Company has a 1-year low of $90.23 and a 1-year high of $179.63. The business has a fifty day moving average price of $110.43 and a 200-day moving average price of $113.15.

Walt Disney (NYSE:DISGet Rating) last posted its quarterly earnings data on Wednesday, August 10th. The entertainment giant reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.10. The firm had revenue of $21.50 billion during the quarter, compared to analysts’ expectations of $21.01 billion. Walt Disney had a return on equity of 7.20% and a net margin of 3.87%. The business’s quarterly revenue was up 26.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.80 EPS. Equities research analysts forecast that The Walt Disney Company will post 3.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Wolfe Research decreased their price target on Walt Disney from $211.00 to $128.00 and set an “outperform” rating for the company in a research note on Thursday, June 2nd. JPMorgan Chase & Co. reduced their price objective on Walt Disney from $175.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, August 11th. Deutsche Bank Aktiengesellschaft reduced their price objective on Walt Disney from $191.00 to $130.00 in a report on Monday, June 6th. Wells Fargo & Company raised their price objective on Walt Disney from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Thursday, August 11th. Finally, Rosenblatt Securities raised their price objective on Walt Disney from $124.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 11th. Five analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. According to data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $151.48.

Walt Disney Company Profile

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The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

See Also

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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