Princeton Capital Management LLC Sells 20,740 Shares of The Walt Disney Company (NYSE:DIS)

Princeton Capital Management LLC lessened its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 51.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,203 shares of the entertainment giant's stock after selling 20,740 shares during the period. Walt Disney accounts for about 0.7% of Princeton Capital Management LLC's holdings, making the stock its 29th biggest position. Princeton Capital Management LLC's holdings in Walt Disney were worth $2,138,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of DIS. United Bank increased its stake in Walt Disney by 6.2% in the third quarter. United Bank now owns 12,145 shares of the entertainment giant's stock valued at $1,168,000 after purchasing an additional 712 shares during the last quarter. Eagle Asset Management Inc. grew its stake in shares of Walt Disney by 49.2% during the third quarter. Eagle Asset Management Inc. now owns 15,000 shares of the entertainment giant's stock valued at $1,485,000 after acquiring an additional 4,947 shares in the last quarter. Larson Financial Group LLC increased its holdings in Walt Disney by 36.0% during the 3rd quarter. Larson Financial Group LLC now owns 14,796 shares of the entertainment giant's stock worth $1,423,000 after purchasing an additional 3,914 shares during the last quarter. Douglass Winthrop Advisors LLC grew its position in shares of Walt Disney by 5.6% during the third quarter. Douglass Winthrop Advisors LLC now owns 22,784 shares of the entertainment giant's stock worth $2,192,000 after buying an additional 1,214 shares in the last quarter. Finally, Bank of Hawaii raised its holdings in Walt Disney by 2.6% in the third quarter. Bank of Hawaii now owns 12,915 shares of the entertainment giant's stock valued at $1,242,000 after acquiring an additional 327 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

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Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Macquarie reaffirmed a "neutral" rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Jefferies Financial Group started coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They issued a "hold" rating and a $120.00 price objective on the stock. Rosenblatt Securities reaffirmed a "buy" rating and set a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Finally, Needham & Company LLC restated a "buy" rating and set a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and a consensus price target of $125.64.

Walt Disney Trading Up 1.4 %

NYSE:DIS traded up $1.43 during mid-day trading on Tuesday, hitting $101.61. The company had a trading volume of 7,363,448 shares, compared to its average volume of 9,529,117. The firm has a market cap of $183.69 billion, a P/E ratio of 33.10, a P/E/G ratio of 1.80 and a beta of 1.41. The business's fifty day moving average is $107.76 and its two-hundred day moving average is $104.95. 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 fifty-two week low of $83.91 and a fifty-two week high of $123.74.

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 (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, research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Company 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.