Stamos Capital Partners L.P. Sells 18,230 Shares of The Walt Disney Company (NYSE:DIS)

Stamos Capital Partners L.P. cut its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 28.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,270 shares of the entertainment giant's stock after selling 18,230 shares during the quarter. Walt Disney accounts for 1.2% of Stamos Capital Partners L.P.'s investment portfolio, making the stock its 16th largest holding. Stamos Capital Partners L.P.'s holdings in Walt Disney were worth $5,041,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FPC Investment Advisory Inc. bought a new position in Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc boosted its position in shares of Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the 4th quarter valued at about $32,000. Midwest Capital Advisors LLC bought a new stake in Walt Disney in the 4th quarter valued at about $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in Walt Disney during the 4th quarter worth approximately $35,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Price Performance

Walt Disney stock traded up $0.34 during midday trading on Tuesday, reaching $85.00. 7,828,411 shares of the stock were exchanged, compared to its average volume of 9,991,160. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63. 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 firm has a market cap of $153.67 billion, a PE ratio of 27.69, a PEG ratio of 1.80 and a beta of 1.44. The company's fifty day moving average is $100.77 and its 200-day moving average is $104.67.

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Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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, sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on DIS. The Goldman Sachs Group boosted their price objective 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 lowered their price objective on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. Citigroup reiterated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. UBS Group dropped their price target on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating on the stock in a research report on Tuesday. Finally, Redburn Atlantic raised Walt Disney from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and a consensus target price of $124.48.

Walt Disney 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.