Advisory Services Network LLC Has $6.05 Million Holdings in The Walt Disney Company (NYSE:DIS)

Advisory Services Network LLC lessened its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 23.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,369 shares of the entertainment giant's stock after selling 16,817 shares during the quarter. Advisory Services Network LLC's holdings in Walt Disney were worth $6,054,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. FPC Investment Advisory Inc. bought a new stake in Walt Disney in the 4th quarter valued at approximately $28,000. Tacita Capital Inc raised its holdings in shares of Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Walt Disney in the fourth quarter worth $32,000. Midwest Capital Advisors LLC acquired a new position in Walt Disney during the fourth quarter worth $34,000. Finally, Bay Harbor Wealth Management LLC bought a new position in Walt Disney in the fourth quarter valued at $35,000. Institutional investors own 65.71% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DIS. Rosenblatt Securities restated a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Loop Capital increased their price target on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. The Goldman Sachs Group boosted their price target on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Barclays cut their price objective on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Finally, Redburn Atlantic upgraded shares of Walt Disney from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.13.

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Walt Disney Stock Performance

Shares of DIS traded down $0.31 during midday trading on Friday, reaching $84.92. 10,193,577 shares of the stock were exchanged, compared to its average volume of 9,994,946. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock's 50 day simple moving average is $101.83 and its 200 day simple moving average is $104.82. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The company has a market cap of $153.52 billion, a P/E ratio of 27.66, a PEG ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

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.