DRW Securities LLC Has $558,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

DRW Securities LLC cut its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 71.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,015 shares of the entertainment giant's stock after selling 12,420 shares during the quarter. DRW Securities LLC's holdings in Walt Disney were worth $558,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of DIS. FPC Investment Advisory Inc. purchased a new position in shares of Walt Disney in the fourth quarter valued at approximately $28,000. Tacita Capital Inc grew its stake 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 worth $29,000 after acquiring an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Walt Disney during the fourth quarter worth $32,000. Midwest Capital Advisors LLC purchased a new stake in shares of Walt Disney during the fourth quarter worth $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in Walt Disney during the 4th quarter worth $35,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on DIS shares. Prescient Securities decreased their price target on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. Citigroup reissued a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. Loop Capital lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Barclays cut their price target on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, 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. Six research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $125.13.

Remove Ads

Walt Disney Stock Down 0.5 %

Shares of DIS stock traded down $0.44 on Monday, reaching $84.45. 4,199,127 shares of the company's stock traded hands, compared to its average volume of 9,973,071. 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 company has a market capitalization of $152.67 billion, a P/E ratio of 27.51, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The business's 50 day moving average price is $101.83 and its two-hundred day moving average price is $104.82. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63.

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%. On average, equities analysts forecast 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.