The Walt Disney Company $DIS Stock Holdings Lowered by Vista Investment Partners LLC

Vista Investment Partners LLC cut its position in The Walt Disney Company (NYSE:DIS) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,468 shares of the entertainment giant’s stock after selling 100 shares during the quarter. Vista Investment Partners LLC’s holdings in Walt Disney were worth $926,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DIS. Brighton Jones LLC boosted its position in Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares during the period. Two Sigma Investments LP lifted its holdings in Walt Disney by 158.5% in the fourth quarter. Two Sigma Investments LP now owns 78,587 shares of the entertainment giant’s stock worth $8,751,000 after purchasing an additional 48,184 shares during the period. Two Sigma Advisers LP bought a new position in Walt Disney in the 4th quarter valued at about $6,158,000. Vident Advisory LLC grew its position in Walt Disney by 9.5% in the 4th quarter. Vident Advisory LLC now owns 9,263 shares of the entertainment giant’s stock valued at $1,032,000 after buying an additional 801 shares in the last quarter. Finally, Woodline Partners LP raised its position in shares of Walt Disney by 7.3% during the 4th quarter. Woodline Partners LP now owns 319,066 shares of the entertainment giant’s stock worth $35,528,000 after buying an additional 21,628 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Up 0.7%

Walt Disney stock opened at $115.98 on Thursday. The company has a market capitalization of $208.52 billion, a P/E ratio of 18.18, a P/E/G ratio of 1.67 and a beta of 1.55. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The firm’s fifty day simple moving average is $117.97 and its 200-day simple moving average is $109.10. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the prior year, the company posted $1.39 EPS. The firm’s revenue was up 2.1% on a year-over-year basis. 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 analyst reports. Wall Street Zen cut Walt Disney from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 20th. UBS Group lifted their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Morgan Stanley increased 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. Evercore ISI increased their price objective on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Finally, Loop Capital lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, June 10th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.18.

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.