Moisand Fitzgerald Tamayo LLC Cuts Holdings in Walt Disney Co (DIS)
Moisand Fitzgerald Tamayo LLC decreased its position in Walt Disney Co (NYSE:DIS) by 10.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 6,177 shares of the entertainment giant’s stock after selling 730 shares during the period. Moisand Fitzgerald Tamayo LLC’s holdings in Walt Disney were worth $664,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Legacy Advisors LLC bought a new stake in Walt Disney in the 3rd quarter valued at approximately $137,000. Malaga Cove Capital LLC bought a new stake in Walt Disney in the 3rd quarter valued at approximately $140,000. Wealthcare Advisory Partners LLC bought a new stake in Walt Disney in the 3rd quarter valued at approximately $142,000. Krilogy Financial LLC lifted its stake in Walt Disney by 13.2% in the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after acquiring an additional 166 shares in the last quarter. Finally, IHT Wealth Management LLC lifted its stake in Walt Disney by 34.3% in the 2nd quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock valued at $152,000 after acquiring an additional 3,923 shares in the last quarter. Hedge funds and other institutional investors own 61.65% of the company’s stock.
Walt Disney Co (DIS) opened at $104.73 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.80 and a current ratio of 0.87. The firm has a market capitalization of $157,480.00, a P/E ratio of 14.86, a P/E/G ratio of 1.79 and a beta of 1.30. Walt Disney Co has a 1-year low of $96.20 and a 1-year high of $116.10.
In other Walt Disney news, Director Aylwin B. Lewis sold 1,797 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $108.39, for a total value of $194,776.83. Following the transaction, the director now directly owns 85,636 shares of the company’s stock, valued at approximately $9,282,086.04. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.38% of the company’s stock.
Several research firms have commented on DIS. Rosenblatt Securities upgraded Walt Disney from a “neutral” rating to a “buy” rating and boosted their target price for the company from $115.00 to $130.00 in a research note on Wednesday, January 3rd. Vetr cut Walt Disney from a “buy” rating to a “hold” rating and set a $113.39 price objective on the stock. in a research note on Wednesday, January 3rd. Royal Bank of Canada upped their price objective on Walt Disney to $135.00 and gave the stock a “top pick” rating in a research note on Wednesday, January 3rd. B. Riley reiterated a “hold” rating and set a $122.00 price objective on shares of Walt Disney in a research note on Monday, January 29th. Finally, Zacks Investment Research cut Walt Disney from a “hold” rating to a “sell” rating in a research note on Tuesday, December 19th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $118.59.
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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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