Pflug Koory LLC reduced its holdings of The Walt Disney Company (NYSE: DIS – Get Rating) stock by 5.4% in Q1, HoldingsChannel.com reports. The company held 8,614 shares of the entertainment giant after selling 491 shares during the quarter. Pflug Koory LLC’s holdings in Walt Disney were worth $1,181,000 when it last filed with the SEC.
Several other institutional investors and hedge funds also changed their stakes in DIS. Syverson Strege & Co increased its stake in Walt Disney shares by 384.8% during the 4th quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant valued at $25,000 after buying 127 more shares in the last quarter. Sandy Cove Advisors LLC purchased a new equity stake in Walt Disney during Q4 for $27,000. MBM Wealth Consultants LLC increased its equity stake in Walt Disney to 94.7% during the 4th quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant valued at $34,000 after buying an additional 107 shares in the last quarter. Advanced Research Investment Solutions LLC increased its equity stake in Walt Disney by 46.0% during the 4th quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant valued at $36,000 after buying an additional 75 shares in the last quarter. Finally, Delos Wealth Advisors LLC increased its stake in Walt Disney shares by 2,933.3% during the 4th quarter. Delos Wealth Advisors LLC now owns 273 shares of the entertainment giant valued at $42,000 after buying an additional 264 shares in the last quarter. Hedge funds and other institutional investors own 64.17% of the company’s shares.
Several brokerages have recently commented on DIS. BMO Capital Markets cut its price target on Walt Disney from $140.00 to $135.00 in a Thursday, May 12 report. StockNews.com downgraded Walt Disney from a “held” rating to a “sell” rating in a Thursday, June 2 research report. KeyCorp reduced its target price on Walt Disney from $216.00 to $151.00 in a Thursday, May 12 research report. Daiwa Capital Markets cut its price target on Walt Disney from $201.00 to $151.00 and set a “buy” rating on the stock in a Tuesday, May 24 research report. Finally, Royal Bank of Canada reduced its target price on Walt Disney from $210.00 to $176.00 in a Thursday, May 12 research report. One analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have assigned the company a buy rating. According to data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $167.56.
NYSE: DIS opened at $97.78 on Monday. The stock has a market capitalization of $178.02 billion, a PE ratio of 67.43, a price-to-growth earnings ratio of 1.14 and a beta of 1.21. The Walt Disney Company has a 52-week low of $92.01 and a 52-week high of $187.58. The stock’s 50-day moving average price is $107.42 and its 200-day moving average price is $131.63. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt ratio of 0.49.
Walt Disney (NYSE:DIS – Get Rating) last released its quarterly results on Wednesday, May 11. The entertainment giant reported earnings per share of $1.08 for the quarter, missing analyst consensus estimates of $1.19 per ($0.11). Walt Disney had a net margin of 3.46% and a return on equity of 6.87%. In the same quarter a year earlier, the company had earned earnings per share of $0.79. Sell-side analysts expect The Walt Disney Company to post earnings per share of 4.03 for the current fiscal year.
Walt Disney Company Profile (Get an assessment)
The Walt Disney Company, together with its subsidiaries, operates as a worldwide entertainment company. It operates through two segments, Disney Media and Entertainment Distribution; and Parks, Experiences and Disney Products. The Company is engaged in the production and distribution of episodic film and television content, as well as television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic and Star brands; and studios that produce films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar and Searchlight Pictures banners.
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