The Walt Disney Company (NYSE:DIS) Stock Holdings Lessened by MML Investors Services LLC

MML Investors Services LLC decreased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 0.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 530,324 shares of the entertainment giant's stock after selling 3,576 shares during the period. MML Investors Services LLC's holdings in Walt Disney were worth $59,052,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of DIS. Trek Financial LLC grew its holdings in Walt Disney by 479.9% in the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock valued at $4,044,000 after purchasing an additional 30,057 shares during the period. Brookstone Capital Management grew its stake in shares of Walt Disney by 10.5% during the 4th quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock valued at $15,687,000 after buying an additional 13,339 shares during the period. Greystone Financial Group LLC increased its holdings in shares of Walt Disney by 13.3% during the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock worth $9,486,000 after buying an additional 9,967 shares during the last quarter. Avanza Fonder AB purchased a new position in shares of Walt Disney in the 4th quarter worth $15,125,000. Finally, FourThought Financial Partners LLC purchased a new stake in Walt Disney during the fourth quarter valued at about $446,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Performance

Shares of NYSE:DIS traded up $2.61 on Thursday, hitting $89.90. The company's stock had a trading volume of 5,341,034 shares, compared to its average volume of 9,927,633. The company has a market capitalization of $162.53 billion, a price-to-earnings ratio of 29.28, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. 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 Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The stock's 50-day moving average is $97.80 and its two-hundred day moving average is $104.20.

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, beating 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%. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on DIS shares. Loop Capital raised their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Morgan Stanley upped their price target on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price target on shares of Walt Disney in a report on Tuesday. Rosenblatt Securities restated a "buy" rating and issued a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Finally, UBS Group decreased their price objective on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Six research 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 stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $123.75.

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.