Coldstream Capital Management Inc. Lowers Stake in The Walt Disney Company (NYSE:DIS)

Coldstream Capital Management Inc. lessened its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 15.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,628 shares of the entertainment giant's stock after selling 7,189 shares during the period. Coldstream Capital Management Inc.'s holdings in Walt Disney were worth $4,524,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Trek Financial LLC lifted its position in shares of Walt Disney by 479.9% during the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock valued at $4,044,000 after buying an additional 30,057 shares in the last quarter. Brookstone Capital Management lifted its holdings in Walt Disney by 10.5% during the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock valued at $15,687,000 after purchasing an additional 13,339 shares in the last quarter. Greystone Financial Group LLC grew its position in shares of 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 during the period. Avanza Fonder AB purchased a new stake in shares of Walt Disney during the fourth quarter worth about $15,125,000. Finally, FourThought Financial Partners LLC acquired a new position in shares of Walt Disney during the 4th quarter worth about $446,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Up 0.2 %

Shares of NYSE:DIS opened at $90.23 on Friday. The business has a 50-day moving average price of $97.01 and a 200 day moving average price of $104.17. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63. 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 company has a market capitalization of $163.12 billion, a price-to-earnings ratio of 29.39, a PEG ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. Sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on DIS shares. Macquarie reiterated a "neutral" rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Morgan Stanley lifted their price target on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Needham & Company LLC reissued a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Tuesday, April 22nd. Prescient Securities lowered their target price on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 4th. Finally, Loop Capital increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $123.75.

Walt Disney Company Profile

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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