Teachers Retirement System of The State of Kentucky Decreases Stock Position in The Walt Disney Company (NYSE:DIS)

Teachers Retirement System of The State of Kentucky lowered its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 244,608 shares of the entertainment giant's stock after selling 11,591 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Walt Disney were worth $27,237,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Farmers Trust Co. lifted its stake in Walt Disney by 1.1% during the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant's stock valued at $945,000 after acquiring an additional 92 shares during the period. Pathway Financial Advisors LLC increased its position in 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 buying an additional 92 shares in the last quarter. Prossimo Advisors LLC boosted its position in shares of Walt Disney by 1.1% in the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock worth $972,000 after purchasing an additional 92 shares during the period. Saxon Interests Inc. boosted its holdings in Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant's stock worth $380,000 after buying an additional 93 shares during the period. Finally, Onefund LLC raised its stake in Walt Disney by 2.0% during 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. 65.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DIS has been the topic of several research analyst reports. Citigroup reiterated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Prescient Securities decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. Loop Capital raised their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. The Goldman Sachs Group raised their price objective on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. Finally, UBS Group lowered their price target on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $123.75.

Walt Disney Stock Performance

Shares of NYSE:DIS traded down $0.16 during midday trading on Friday, reaching $89.85. The company's stock had a trading volume of 4,273,089 shares, compared to its average volume of 10,076,116. The Walt Disney Company has a twelve month low of $80.10 and a twelve month 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 firm has a market capitalization of $162.44 billion, a PE ratio of 29.26, a P/E/G ratio of 1.80 and a beta of 1.44. The stock has a fifty day moving average of $97.40 and a 200 day moving average of $104.10.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly 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 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.