Haverford Trust Co trimmed its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 4.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 66,213 shares of the entertainment giant's stock after selling 2,904 shares during the period. Haverford Trust Co's holdings in Walt Disney were worth $7,373,000 as of its most recent filing with the SEC.
Several other large investors have also recently made changes to their positions in the stock. United Bank grew its holdings in shares of 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 in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Walt Disney by 7.7% in the third quarter. Advisors Asset Management Inc. now owns 29,384 shares of the entertainment giant's stock worth $2,826,000 after acquiring an additional 2,110 shares in the last quarter. Eagle Asset Management Inc. increased its position 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 worth $1,485,000 after acquiring an additional 4,947 shares during the period. Great Valley Advisor Group Inc. raised its stake in shares of Walt Disney by 3.9% in the third quarter. Great Valley Advisor Group Inc. now owns 60,888 shares of the entertainment giant's stock valued at $5,857,000 after acquiring an additional 2,259 shares in the last quarter. Finally, Okabena Investment Services Inc. boosted its holdings in Walt Disney by 25.2% in the third quarter. Okabena Investment Services Inc. now owns 10,756 shares of the entertainment giant's stock valued at $1,035,000 after purchasing an additional 2,163 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.
Walt Disney Stock Performance
DIS traded down $0.33 during trading on Thursday, reaching $100.45. The company's stock had a trading volume of 6,595,285 shares, compared to its average volume of 9,479,641. 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 company's fifty day moving average price is $107.49 and its 200-day moving average price is $105.01. The company has a market capitalization of $181.59 billion, a price-to-earnings ratio of 32.72, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74.
Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data 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%. On average, equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the stock. Loop Capital raised their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Macquarie reaffirmed a "neutral" rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Morgan Stanley boosted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Prescient Securities dropped their price objective on Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. Finally, Citigroup reiterated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. Six equities research 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. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $125.64.
View Our Latest Stock Report on Walt Disney
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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