Guggenheim Capital LLC Has $17.88 Million Holdings in The Walt Disney Company (NYSE:DIS)

Guggenheim Capital LLC lowered its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 160,551 shares of the entertainment giant's stock after selling 11,774 shares during the quarter. Guggenheim Capital LLC's holdings in Walt Disney were worth $17,877,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Morse Asset Management Inc lifted its holdings in shares of Walt Disney by 17.5% during the third quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant's stock valued at $2,055,000 after acquiring an additional 3,185 shares during the period. Te Ahumairangi Investment Management Ltd lifted its holdings in Walt Disney by 28.3% during the 3rd quarter. Te Ahumairangi Investment Management Ltd now owns 37,123 shares of the entertainment giant's stock valued at $3,551,000 after purchasing an additional 8,180 shares during the last quarter. Saratoga Research & Investment Management lifted its holdings in Walt Disney by 18.8% during the 3rd quarter. Saratoga Research & Investment Management now owns 1,536,008 shares of the entertainment giant's stock valued at $147,749,000 after purchasing an additional 242,675 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new position in Walt Disney in the third quarter valued at about $660,000. Finally, Boyar Asset Management Inc. grew its stake in Walt Disney by 1.7% during the third quarter. Boyar Asset Management Inc. now owns 33,280 shares of the entertainment giant's stock worth $3,201,000 after buying an additional 551 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

Analyst Upgrades and Downgrades

DIS has been the subject of a number of research analyst reports. The Goldman Sachs Group lifted their target price 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 upgraded Walt Disney from a "neutral" rating to a "buy" rating and raised their target price for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Barclays reduced their price target on shares of Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Prescient Securities reduced 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 report on Tuesday, February 4th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Six equities 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, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $124.48.

Walt Disney Trading Up 2.4 %

Walt Disney stock traded up $1.98 during midday trading on Friday, hitting $84.75. 14,724,780 shares of the stock were exchanged, compared to its average volume of 10,033,761. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $153.21 billion, a PE ratio of 27.61, a P/E/G ratio of 1.80 and a beta of 1.44. The company has a fifty day simple moving average of $99.24 and a two-hundred day simple moving average of $104.45.

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, topping 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%. Equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.