Caxton Associates LP cut its stake in Walt Disney Co (NYSE:DIS) by 83.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,900 shares of the entertainment giant’s stock after selling 30,700 shares during the period. Caxton Associates LP’s holdings in Walt Disney were worth $582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Walt Disney by 2.2% during the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after purchasing an additional 2,131,932 shares during the period. Northern Trust Corp increased its holdings in shares of Walt Disney by 2.5% during the second quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock valued at $2,174,118,000 after purchasing an additional 500,349 shares during the period. Legal & General Group Plc increased its holdings in shares of Walt Disney by 3.8% during the third quarter. Legal & General Group Plc now owns 8,186,026 shares of the entertainment giant’s stock valued at $806,872,000 after purchasing an additional 300,973 shares during the period. Parnassus Investments CA increased its holdings in shares of Walt Disney by 19.3% during the third quarter. Parnassus Investments CA now owns 6,941,130 shares of the entertainment giant’s stock valued at $684,187,000 after purchasing an additional 1,123,949 shares during the period. Finally, Swiss National Bank increased its holdings in shares of Walt Disney by 7.8% during the second quarter. Swiss National Bank now owns 5,777,328 shares of the entertainment giant’s stock valued at $613,841,000 after purchasing an additional 420,200 shares during the period. 61.12% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Co (NYSE DIS) opened at $104.12 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.80. Walt Disney Co has a 1 year low of $96.20 and a 1 year high of $116.10. The firm has a market capitalization of $155,465.06, a price-to-earnings ratio of 17.12, a P/E/G ratio of 1.80 and a beta of 1.30.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.28. Walt Disney had a return on equity of 20.44% and a net margin of 19.61%. The business had revenue of $15.35 billion during the quarter, compared to analyst estimates of $15.47 billion. During the same quarter last year, the company posted $1.55 EPS. Walt Disney’s revenue for the quarter was up 3.8% on a year-over-year basis. research analysts expect that Walt Disney Co will post 6.8 earnings per share for the current fiscal year.

A number of research analysts have recently commented on the company. Vetr lowered Walt Disney from a “strong-buy” rating to a “buy” rating and set a $114.86 price target on the stock. in a report on Tuesday. BMO Capital Markets raised their price target on Walt Disney from $90.00 to $95.00 and gave the company a “positive” rating in a report on Thursday, February 8th. Jefferies Group reissued a “hold” rating and set a $112.00 price target on shares of Walt Disney in a report on Wednesday, February 7th. B. Riley raised their price target on Walt Disney from $122.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Finally, Pivotal Research reissued a “sell” rating and set a $94.00 price target on shares of Walt Disney in a report on Wednesday, February 7th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $118.61.

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Walt Disney Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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