The Walt Disney Company (NYSE:DIS) Stock Holdings Trimmed by Gradient Investments LLC

Gradient Investments LLC lowered its holdings in shares of The Walt Disney Company (NYSE:DIS – Get Rating) by 1.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,784 shares of the entertainment giant’s stock after selling 128 shares during the period. Gradient Investments LLC’s holdings in Walt Disney were worth $763,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of DIS. Price T Rowe Associates Inc. MD raised its stake in shares of Walt Disney by 44.2% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 24,984,524 shares of the entertainment giant’s stock worth $2,358,539,000 after buying an additional 7,654,961 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of Walt Disney by 946.5% in the 3rd quarter. Fisher Asset Management LLC now owns 5,141,439 shares of the entertainment giant’s stock worth $484,992,000 after buying an additional 4,650,159 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Walt Disney by 44.3% in the 3rd quarter. Alliancebernstein L.P. now owns 9,046,135 shares of the entertainment giant’s stock worth $853,322,000 after buying an additional 2,775,303 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Walt Disney by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 143,962,415 shares of the entertainment giant’s stock worth $13,579,975,000 after buying an additional 2,144,485 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Walt Disney by 659.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,252,131 shares of the entertainment giant’s stock worth $308,902,000 after buying an additional 1,955,532 shares in the last quarter. Institutional investors own 62.22% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on DIS. Barclays boosted their price objective on Walt Disney from $98.00 to $110.00 in a research note on Thursday, February 9th. Macquarie boosted their target price on Walt Disney from $110.00 to $122.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 31st. Credit Suisse Group boosted their target price on Walt Disney from $126.00 to $133.00 and gave the stock an “outperform” rating in a research report on Thursday, February 9th. Huber Research initiated coverage on Walt Disney in a research report on Tuesday, January 17th. They set an “overweight” rating on the stock. Finally, Citigroup cut their target price on Walt Disney from $145.00 to $130.00 and set a “buy” rating on the stock in a research report on Monday, February 13th. One analyst has rated the stock with a sell rating, one has issued a hold rating and twenty have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.92.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, CFO Christine M. Mccarthy sold 42,533 shares of the business’s stock in a transaction dated Thursday, January 12th. The stock was sold at an average price of $98.46, for a total value of $4,187,799.18. Following the transaction, the chief financial officer now owns 181,830 shares in the company, valued at $17,902,981.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CFO Christine M. Mccarthy sold 42,533 shares of the company’s stock in a transaction dated Thursday, January 12th. The stock was sold at an average price of $98.46, for a total transaction of $4,187,799.18. Following the completion of the sale, the chief financial officer now owns 181,830 shares in the company, valued at approximately $17,902,981.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Brent Woodford sold 1,139 shares of the company’s stock in a transaction dated Tuesday, January 24th. The stock was sold at an average price of $105.71, for a total value of $120,403.69. Following the sale, the executive vice president now owns 32,047 shares of the company’s stock, valued at approximately $3,387,688.37. The disclosure for this sale can be found here. Insiders have sold 62,921 shares of company stock worth $6,209,132 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $93.20 on Friday. The business’s 50-day moving average price is $102.55 and its two-hundred day moving average price is $99.71. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.99 and a quick ratio of 0.93. The Walt Disney Company has a one year low of $84.07 and a one year high of $144.46. The company has a market capitalization of $170.26 billion, a P/E ratio of 51.21, a price-to-earnings-growth ratio of 2.29 and a beta of 1.30.

Walt Disney (NYSE:DIS – Get Rating) last issued its earnings results on Wednesday, February 8th. The entertainment giant reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.30. Walt Disney had a return on equity of 6.72% and a net margin of 3.93%. The firm had revenue of $23.51 billion for the quarter, compared to the consensus estimate of $23.29 billion. During the same quarter in the previous year, the company posted $1.06 earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. Analysts anticipate that The Walt Disney Company will post 3.98 earnings per share for the current fiscal year.

Walt Disney Profile

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The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.