The Walt Disney Company (NYSE:DIS) Shares Sold by Stelac Advisory Services LLC

Stelac Advisory Services LLC decreased its position in The Walt Disney Company (NYSE:DIS) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,328 shares of the entertainment giant’s stock after selling 401 shares during the quarter. Walt Disney accounts for approximately 2.8% of Stelac Advisory Services LLC’s holdings, making the stock its 11th largest position. Stelac Advisory Services LLC’s holdings in Walt Disney were worth $7,276,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in DIS. Impax Asset Management Group plc grew its position in shares of Walt Disney by 4.5% in the 3rd quarter. Impax Asset Management Group plc now owns 644,017 shares of the entertainment giant’s stock worth $61,948,000 after acquiring an additional 27,806 shares in the last quarter. United Bank lifted its holdings in shares of Walt Disney by 6.2% in the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after purchasing an additional 712 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of Walt Disney by 6.2% in the 3rd quarter. Assetmark Inc. now owns 32,385 shares of the entertainment giant’s stock worth $3,115,000 after purchasing an additional 1,903 shares during the last quarter. Los Angeles Capital Management LLC lifted its holdings in shares of Walt Disney by 44.9% in the 3rd quarter. Los Angeles Capital Management LLC now owns 13,363 shares of the entertainment giant’s stock worth $1,285,000 after purchasing an additional 4,139 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its holdings in shares of Walt Disney by 7.6% in the 3rd quarter. Venturi Wealth Management LLC now owns 6,580 shares of the entertainment giant’s stock worth $633,000 after purchasing an additional 467 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $98.79 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $178.60 billion, a price-to-earnings ratio of 32.18, a PEG ratio of 1.80 and a beta of 1.41. The stock’s fifty day simple moving average is $109.63 and its 200 day simple moving average is $104.36. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74.

Walt Disney (NYSE:DIS) last issued its earnings results 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%. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DIS has been the topic of several recent research reports. Prescient Securities cut their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Sanford C. Bernstein raised their price target on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, November 15th. Morgan Stanley raised their price target on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Macquarie reaffirmed a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Finally, Evercore ISI lifted their target price on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Six research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Company 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.