Edmond DE Rothschild Holding S.A. Sells 9,480 Shares of The Walt Disney Company (NYSE:DIS)

Edmond DE Rothschild Holding S.A. lessened its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 247,755 shares of the entertainment giant's stock after selling 9,480 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in Walt Disney were worth $27,587,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. State Street Corp boosted its holdings in shares of Walt Disney by 0.6% during the third quarter. State Street Corp now owns 77,596,191 shares of the entertainment giant's stock worth $7,463,978,000 after acquiring an additional 490,681 shares during the period. Geode Capital Management LLC boosted its stake in Walt Disney by 3.8% in the 3rd quarter. Geode Capital Management LLC now owns 37,672,320 shares of the entertainment giant's stock valued at $3,609,833,000 after purchasing an additional 1,393,082 shares during the period. Norges Bank acquired a new position in Walt Disney in the 4th quarter valued at $2,415,427,000. Jennison Associates LLC increased its position in Walt Disney by 23.4% during the 4th quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock worth $2,137,637,000 after buying an additional 3,636,742 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Walt Disney by 15.5% during the fourth quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant's stock worth $1,904,563,000 after buying an additional 2,300,912 shares in the last quarter. Institutional investors own 65.71% of the company's stock.

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Walt Disney Trading Down 6.0 %

Shares of NYSE DIS traded down $5.91 during midday trading on Thursday, reaching $91.97. The stock had a trading volume of 7,924,751 shares, compared to its average volume of 9,774,695. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.69. 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's 50 day moving average price is $106.70 and its 200 day moving average price is $105.37. The firm has a market cap of $166.26 billion, a price-to-earnings ratio of 29.96, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41.

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on DIS shares. The Goldman Sachs Group upped their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research note on Tuesday, February 4th. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and raised their target price for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Jefferies Financial Group began coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They issued a "hold" rating and a $120.00 price target for the company. Needham & Company LLC reissued a "buy" rating and set a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. Finally, Citigroup reaffirmed a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Six investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.33.

Walt Disney 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.