B. Metzler seel. Sohn & Co. AG decreased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 21.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 115,215 shares of the entertainment giant's stock after selling 31,158 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Walt Disney were worth $12,814,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. United Bank grew its position in shares of Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant's stock worth $1,168,000 after buying an additional 712 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec grew its holdings in Walt Disney by 53.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 852,003 shares of the entertainment giant's stock worth $81,954,000 after acquiring an additional 297,017 shares in the last quarter. Edgestream Partners L.P. increased its position in shares of Walt Disney by 68.2% in the 3rd quarter. Edgestream Partners L.P. now owns 10,907 shares of the entertainment giant's stock valued at $1,049,000 after purchasing an additional 4,421 shares during the last quarter. Encompass More Asset Management raised its holdings in shares of Walt Disney by 14.9% in the 3rd quarter. Encompass More Asset Management now owns 2,662 shares of the entertainment giant's stock valued at $256,000 after purchasing an additional 345 shares in the last quarter. Finally, Cobblestone Capital Advisors LLC NY lifted its position in shares of Walt Disney by 1.2% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 167,198 shares of the entertainment giant's stock worth $16,083,000 after purchasing an additional 1,953 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.
Walt Disney Price Performance
DIS traded down $6.27 on Thursday, hitting $91.61. 8,274,068 shares of the company were exchanged, compared to its average volume of 9,776,661. The firm has a market capitalization of $165.61 billion, a P/E ratio of 29.84, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The business's fifty day moving average is $106.70 and its 200 day moving average is $105.37. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.69.
Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.
Analyst Upgrades and Downgrades
DIS has been the topic of several recent analyst reports. Macquarie reissued a "neutral" rating and issued a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. The Goldman Sachs Group raised their target price on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Morgan Stanley upped their price target on Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Finally, Jefferies Financial Group began coverage on shares of Walt Disney in a report on Wednesday, December 4th. They issued a "hold" rating and a $120.00 target price for the company. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and a consensus price target of $125.33.
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Walt Disney Company Profile
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Free Report)
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.
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