Haverford Trust Co Sells 2,904 Shares of The Walt Disney Company (NYSE:DIS)

Haverford Trust Co lessened its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 4.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 SEC filing.

Other institutional investors also recently modified their holdings of the company. Brookstone Capital Management increased its position in Walt Disney by 10.5% in the 4th quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock worth $15,687,000 after buying an additional 13,339 shares during the period. Greystone Financial Group LLC grew its stake in shares of Walt Disney by 13.3% in the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock worth $9,486,000 after acquiring an additional 9,967 shares during the last quarter. Avanza Fonder AB acquired a new position in Walt Disney during the 4th quarter valued at $15,125,000. Swedbank AB boosted its holdings in Walt Disney by 14.4% in the 4th quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant's stock valued at $374,336,000 after purchasing an additional 422,339 shares during the period. Finally, FourThought Financial Partners LLC acquired a new stake in Walt Disney in the 4th quarter worth $446,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Trading Up 1.4 %

Shares of NYSE:DIS traded up $1.43 during mid-day trading on Tuesday, reaching $101.61. The stock had a trading volume of 7,358,398 shares, compared to its average volume of 9,539,415. The firm has a market cap of $183.69 billion, a PE ratio of 33.10, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The firm has a 50 day simple moving average of $107.89 and a two-hundred day simple moving average of $104.86. 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 Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74.

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Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. On average, research analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Loop Capital upped their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Citigroup reissued a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Prescient Securities cut their target price on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. Finally, Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and upped their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Walt Disney presently has a consensus rating of "Moderate Buy" and an average price target of $125.64.

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.