Geo Capital Gestora de Recursos Ltd Reduces Holdings in The Walt Disney Company (NYSE:DIS)

Geo Capital Gestora de Recursos Ltd trimmed its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 73.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,036 shares of the entertainment giant's stock after selling 51,605 shares during the period. Walt Disney comprises approximately 2.7% of Geo Capital Gestora de Recursos Ltd's investment portfolio, making the stock its 19th largest holding. Geo Capital Gestora de Recursos Ltd's holdings in Walt Disney were worth $2,120,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DIS. Farmers Trust Co. boosted its holdings in shares of Walt Disney by 1.1% in the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant's stock worth $945,000 after purchasing an additional 92 shares during the period. Pathway Financial Advisors LLC boosted its stake in Walt Disney by 2.7% during the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock worth $386,000 after buying an additional 92 shares during the period. Prossimo Advisors LLC increased its position in Walt Disney by 1.1% during the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock valued at $972,000 after acquiring an additional 92 shares during the last quarter. Saxon Interests Inc. raised its stake in shares of Walt Disney by 2.8% in the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant's stock valued at $380,000 after acquiring an additional 93 shares during the period. Finally, Onefund LLC raised its stake in shares of Walt Disney by 2.0% in the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock valued at $541,000 after acquiring an additional 93 shares during the period. 65.71% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

Walt Disney Stock Up 1.4 %

DIS traded up $1.43 on Tuesday, hitting $101.61. The company had a trading volume of 7,363,448 shares, compared to its average volume of 9,539,415. The stock has a market capitalization of $183.69 billion, a price-to-earnings ratio of 33.10, a P/E/G ratio of 1.80 and a beta of 1.41. The stock has a fifty day moving average price of $107.89 and a 200-day moving average price of $104.86. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data 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 net margin of 6.07% and a return on equity of 9.95%. Analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Citigroup reaffirmed a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Needham & Company LLC restated a "buy" rating and set a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Rosenblatt Securities reiterated a "buy" rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. The Goldman Sachs Group raised their price target on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research note on Tuesday, February 4th. Finally, Morgan Stanley upped their price objective on Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Walt Disney has an average rating of "Moderate Buy" and an average price target of $125.64.

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.