Fiduciary Group LLC Has $14.08 Million Stake in The Walt Disney Company (NYSE:DIS)

Fiduciary Group LLC decreased its stake in shares of The Walt Disney Company (NYSE:DISGet Rating) by 1.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 119,649 shares of the entertainment giant’s stock after selling 2,078 shares during the period. Walt Disney accounts for about 1.8% of Fiduciary Group LLC’s holdings, making the stock its 14th largest position. Fiduciary Group LLC’s holdings in Walt Disney were worth $14,081,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Walt Disney by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 140,466,474 shares of the entertainment giant’s stock valued at $19,266,382,000 after buying an additional 2,514,894 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Walt Disney by 0.8% in the 1st quarter. Bank of New York Mellon Corp now owns 21,459,191 shares of the entertainment giant’s stock valued at $2,943,347,000 after buying an additional 160,841 shares during the last quarter. Clearbridge Investments LLC grew its holdings in Walt Disney by 16.0% in the 2nd quarter. Clearbridge Investments LLC now owns 9,363,589 shares of the entertainment giant’s stock valued at $883,923,000 after buying an additional 1,291,934 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Walt Disney by 3.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 8,739,279 shares of the entertainment giant’s stock valued at $1,198,680,000 after buying an additional 306,668 shares during the last quarter. Finally, Swiss National Bank grew its holdings in Walt Disney by 0.3% in the 2nd quarter. Swiss National Bank now owns 7,897,671 shares of the entertainment giant’s stock valued at $745,540,000 after buying an additional 24,900 shares during the last quarter. Institutional investors and hedge funds own 61.37% of the company’s stock.

Walt Disney Trading Up 2.8 %

Walt Disney stock traded up $2.67 during trading hours on Thursday, reaching $98.88. 15,503,232 shares of the company’s stock were exchanged, compared to its average volume of 19,858,588. The company has a quick ratio of 0.94, a current ratio of 1.00 and a debt-to-equity ratio of 0.46. The firm’s 50 day simple moving average is $99.17 and its 200 day simple moving average is $103.31. The Walt Disney Company has a twelve month low of $86.28 and a twelve month high of $160.32. The firm has a market capitalization of $180.26 billion, a PE ratio of 57.49, a PEG ratio of 1.44 and a beta of 1.25.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of research reports. UBS Group reduced their price objective on Walt Disney from $135.00 to $122.00 in a research report on Wednesday, November 9th. Cowen reduced their price objective on Walt Disney from $124.00 to $94.00 in a research report on Wednesday, November 9th. Royal Bank of Canada set a $130.00 price objective on Walt Disney in a research report on Monday. Evercore ISI reduced their price objective on Walt Disney from $140.00 to $115.00 in a research report on Wednesday, November 9th. Finally, Bank of America reduced their price objective on Walt Disney from $144.00 to $127.00 and set a “buy” rating for the company in a research report on Friday, September 30th. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $132.07.

Walt Disney Profile

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The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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

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