The Walt Disney Company (NYSE:DIS) Shares Sold by Prudential PLC

Prudential PLC decreased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 6.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 136,832 shares of the entertainment giant's stock after selling 10,035 shares during the quarter. Prudential PLC's holdings in Walt Disney were worth $15,236,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Hurlow Wealth Management Group Inc. purchased a new stake in shares of Walt Disney during the fourth quarter worth $223,000. PAX Financial Group LLC raised its position in Walt Disney by 7.7% in the 4th quarter. PAX Financial Group LLC now owns 8,199 shares of the entertainment giant's stock valued at $913,000 after purchasing an additional 587 shares in the last quarter. Wescott Financial Advisory Group LLC boosted its stake in shares of Walt Disney by 5.9% in the 4th quarter. Wescott Financial Advisory Group LLC now owns 8,149 shares of the entertainment giant's stock valued at $907,000 after buying an additional 454 shares during the period. Foundry Partners LLC increased its stake in shares of Walt Disney by 99.7% during the fourth quarter. Foundry Partners LLC now owns 167,919 shares of the entertainment giant's stock worth $18,698,000 after buying an additional 83,847 shares during the period. Finally, Yoffe Investment Management LLC acquired a new stake in Walt Disney in the fourth quarter valued at approximately $729,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DIS has been the subject of several analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. The Goldman Sachs Group increased their target price on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Prescient Securities decreased their price target on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and increased their price objective for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Finally, Macquarie restated a "neutral" rating and set a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Six 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. According to data from MarketBeat, Walt Disney has an average rating of "Moderate Buy" and an average price target of $125.33.

Walt Disney Stock Performance

Shares of Walt Disney stock traded down $1.29 during trading hours on Monday, hitting $82.24. 10,611,892 shares of the company were exchanged, compared to its average volume of 9,281,185. The business has a 50-day moving average of $105.68 and a 200-day moving average of $105.29. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $148.67 billion, a price-to-earnings ratio of 26.79, a P/E/G 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 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%. As a group, analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.