Mariner LLC lessened its position in The Walt Disney Company (NYSE:DIS - Free Report) by 41.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 504,243 shares of the entertainment giant's stock after selling 361,535 shares during the quarter. Mariner LLC's holdings in Walt Disney were worth $56,147,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Farmers Trust Co. lifted its position in shares of Walt Disney by 1.1% during 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 last quarter. Pathway Financial Advisors LLC grew its stake in shares of Walt Disney by 2.7% in the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock worth $386,000 after acquiring an additional 92 shares during the last quarter. 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 worth $972,000 after acquiring an additional 92 shares during the period. Saxon Interests Inc. raised its stake in Walt Disney by 2.8% during the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant's stock valued at $380,000 after purchasing an additional 93 shares during the last quarter. Finally, Onefund LLC boosted its holdings in Walt Disney by 2.0% in the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock valued at $541,000 after purchasing an additional 93 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.
Analyst Ratings Changes
Several research analysts have recently issued reports on DIS shares. Barclays dropped their price objective on shares of Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. UBS Group cut their price target on Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a report on Tuesday. Citigroup reissued a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Needham & Company LLC restated a "buy" rating and issued a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Finally, Redburn Atlantic upgraded shares of Walt Disney from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $124.48.
Check Out Our Latest Stock Report on DIS
Walt Disney Price Performance
Shares of NYSE DIS traded up $0.34 during trading on Tuesday, reaching $85.00. The company had a trading volume of 7,828,411 shares, compared to its average volume of 9,991,097. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63. 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 business's 50 day moving average price is $100.77 and its 200-day moving average price is $104.67. The stock has a market cap of $153.67 billion, a PE ratio of 27.69, a PEG ratio of 1.80 and a beta of 1.44.
Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating 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%. Analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.
About Walt Disney
(
Free Report)
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.
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