Crew Capital Management Ltd. decreased its holdings in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 6.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,897 shares of the entertainment giant’s stock after selling 276 shares during the period. Crew Capital Management Ltd.’s holdings in Walt Disney were worth $385,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC acquired a new stake in Walt Disney during the 4th quarter valued at $27,000. Kessler Investment Group LLC grew its holdings in Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock valued at $27,000 after buying an additional 200 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in Walt Disney during the 4th quarter valued at $32,000. Copia Wealth Management acquired a new stake in Walt Disney during the 4th quarter valued at $36,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in Walt Disney during the 4th quarter valued at $39,000. Institutional investors and hedge funds own 65.71% of the company’s stock.
Walt Disney Stock Up 0.8%
NYSE:DIS opened at $123.98 on Friday. The company has a market capitalization of $222.88 billion, a price-to-earnings ratio of 25.35, a price-to-earnings-growth ratio of 1.81 and a beta of 1.56. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The stock has a 50-day simple moving average of $111.87 and a 200 day simple moving average of $106.34. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67.
Insider Buying and Selling
In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the transaction, the executive vice president directly owned 46,831 shares in the company, valued at $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.16% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of brokerages have commented on DIS. Morgan Stanley increased their target price on Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Jefferies Financial Group upgraded Walt Disney from a “hold” rating to a “buy” rating and increased their target price for the company from $100.00 to $144.00 in a report on Monday, June 30th. Barclays increased their target price on Walt Disney from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Needham & Company LLC reiterated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Thursday, May 8th. Finally, Guggenheim increased their price target on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, June 27th. Five equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $125.83.
Check Out Our Latest Stock Analysis on Walt Disney
About Walt Disney
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.
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