Colonial Trust Advisors Decreases Holdings in The Walt Disney Company (NYSE:DIS)

Colonial Trust Advisors lowered its position in The Walt Disney Company (NYSE:DIS - Free Report) by 6.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,002 shares of the entertainment giant's stock after selling 5,348 shares during the period. Colonial Trust Advisors' holdings in Walt Disney were worth $9,131,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in DIS. Norges Bank acquired a new position in Walt Disney during the fourth quarter worth $2,415,427,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Walt Disney by 75.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant's stock worth $1,209,050,000 after purchasing an additional 4,680,930 shares during the period. Jennison Associates LLC lifted its stake in shares of Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock valued at $2,137,637,000 after purchasing an additional 3,636,742 shares during the period. Raymond James Financial Inc. purchased a new stake in Walt Disney during the fourth quarter worth about $358,151,000. Finally, Boston Partners acquired a new position in Walt Disney during the fourth quarter worth about $350,707,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Trading Down 0.3 %

NYSE:DIS traded down $0.25 during trading hours on Monday, reaching $84.64. 4,748,137 shares of the company were exchanged, compared to its average volume of 9,974,913. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63. The stock has a 50 day simple moving average of $101.83 and a 200 day simple moving average of $104.82. The firm has a market cap of $153.01 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 1.80 and a beta of 1.44. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

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Walt Disney (NYSE:DIS - Get Free Report) last issued its 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 return on equity of 9.95% and a net margin of 6.07%. As a group, analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on DIS shares. Needham & Company LLC reiterated a "buy" rating and set a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. Macquarie reiterated a "neutral" rating and set a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Loop Capital raised 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. Prescient Securities decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 4th. Finally, Morgan Stanley lifted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Six research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.13.

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.