The Walt Disney Company $DIS is Maestria Partners LLC’s 10th Largest Position

Maestria Partners LLC reduced its holdings in The Walt Disney Company (NYSE:DIS) by 7.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 139,500 shares of the entertainment giant’s stock after selling 11,500 shares during the period. Walt Disney makes up 6.0% of Maestria Partners LLC’s portfolio, making the stock its 10th largest holding. Maestria Partners LLC’s holdings in Walt Disney were worth $17,299,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in DIS. Brighton Jones LLC grew its stake in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after buying an additional 1,904 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Walt Disney by 8.1% in the 1st quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock worth $2,451,000 after buying an additional 1,856 shares in the last quarter. Everhart Financial Group Inc. grew its stake in shares of Walt Disney by 12.7% in the 1st quarter. Everhart Financial Group Inc. now owns 8,960 shares of the entertainment giant’s stock worth $884,000 after buying an additional 1,010 shares in the last quarter. Krilogy Financial LLC grew its stake in shares of Walt Disney by 12.7% in the 1st quarter. Krilogy Financial LLC now owns 34,496 shares of the entertainment giant’s stock worth $3,405,000 after buying an additional 3,899 shares in the last quarter. Finally, Ipswich Investment Management Co. Inc. grew its stake in shares of Walt Disney by 4.1% in the 1st quarter. Ipswich Investment Management Co. Inc. now owns 6,420 shares of the entertainment giant’s stock worth $634,000 after buying an additional 250 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Rosenblatt Securities raised their target price on shares of Walt Disney from $140.00 to $141.00 and gave the stock a “buy” rating in a report on Monday, August 11th. Morgan Stanley raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Stephens restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Citigroup raised their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Nineteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Trading Down 1.6%

Shares of DIS opened at $109.17 on Friday. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a 50-day moving average of $115.36 and a 200 day moving average of $110.41. The firm has a market capitalization of $196.27 billion, a price-to-earnings ratio of 17.11, a PEG ratio of 1.43 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

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