The Walt Disney Company $DIS Shares Sold by NBC Securities Inc.

NBC Securities Inc. lowered its position in shares of The Walt Disney Company (NYSE:DIS) by 3.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,835 shares of the entertainment giant’s stock after selling 555 shares during the period. NBC Securities Inc.’s holdings in Walt Disney were worth $1,839,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Mpwm Advisory Solutions LLC purchased a new stake in Walt Disney in the 4th quarter valued at approximately $27,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Walt Disney during the 1st quarter worth approximately $26,000. Kessler Investment Group LLC raised its position in shares of Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Copia Wealth Management acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $36,000. Finally, Vermillion Wealth Management Inc. acquired a new position in Walt Disney in the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

DIS has been the subject of several analyst reports. UBS Group boosted their price target on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Stephens reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Evercore ISI upped their price objective on shares of Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Morgan Stanley upped their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Finally, Guggenheim increased their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, June 27th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.18.

Walt Disney Trading Down 0.3%

Walt Disney stock opened at $115.66 on Tuesday. The company has a 50 day moving average price of $118.19 and a 200 day moving average price of $109.01. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a market capitalization of $207.95 billion, a price-to-earnings ratio of 18.13, a P/E/G ratio of 1.68 and a beta of 1.55.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $1.39 EPS. Research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney 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.