The Walt Disney Company $DIS Shares Sold by New Hampshire Trust

New Hampshire Trust trimmed its holdings in The Walt Disney Company (NYSE:DIS) by 52.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,798 shares of the entertainment giant’s stock after selling 3,119 shares during the quarter. New Hampshire Trust’s holdings in Walt Disney were worth $347,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted 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. GAMMA Investing LLC lifted its holdings in shares of Walt Disney by 8.1% in the first quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock valued at $2,451,000 after purchasing an additional 1,856 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Walt Disney by 41.2% in the first quarter. Robeco Institutional Asset Management B.V. now owns 407,670 shares of the entertainment giant’s stock valued at $40,237,000 after purchasing an additional 118,989 shares during the last quarter. Diversified Trust Co increased its stake in shares of Walt Disney by 1.1% during the 1st quarter. Diversified Trust Co now owns 19,260 shares of the entertainment giant’s stock worth $1,901,000 after purchasing an additional 212 shares in the last quarter. Finally, Artemis Investment Management LLP acquired a new position in shares of Walt Disney during the 1st quarter worth approximately $10,305,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Down 1.2%

NYSE DIS opened at $111.64 on Friday. The firm has a market capitalization of $200.72 billion, a price-to-earnings ratio of 17.50, a PEG ratio of 1.46 and a beta of 1.54. 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 Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The company’s 50 day moving average price is $114.64 and its 200 day moving average price is $111.84.

Walt Disney (NYSE:DIS) last released its quarterly earnings data 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 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 in the prior year, the business earned $1.39 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Needham & Company LLC reiterated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Tuesday, September 23rd. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. JPMorgan Chase & Co. lifted their price objective on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, UBS Group raised their price target 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. Nineteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $132.90.

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.