The Walt Disney Company $DIS Shares Sold by Integrity Alliance LLC.

Integrity Alliance LLC. reduced its stake in The Walt Disney Company (NYSE:DIS) by 48.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,934 shares of the entertainment giant’s stock after selling 11,939 shares during the period. Integrity Alliance LLC.’s holdings in Walt Disney were worth $1,604,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DIS. Brighton Jones LLC increased its holdings in Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in Walt Disney by 19.7% in the 1st quarter. Golden State Wealth Management LLC now owns 7,220 shares of the entertainment giant’s stock valued at $713,000 after purchasing an additional 1,188 shares in the last quarter. Private Trust Co. NA increased its holdings in Walt Disney by 4.4% in the 1st quarter. Private Trust Co. NA now owns 13,319 shares of the entertainment giant’s stock valued at $1,315,000 after purchasing an additional 567 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in Walt Disney by 4.8% in the 1st quarter. First Horizon Advisors Inc. now owns 20,367 shares of the entertainment giant’s stock valued at $2,010,000 after purchasing an additional 940 shares in the last quarter. Finally, Goelzer Investment Management Inc. increased its holdings in Walt Disney by 3.6% in the 1st quarter. Goelzer Investment Management Inc. now owns 31,527 shares of the entertainment giant’s stock valued at $3,112,000 after purchasing an additional 1,096 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Performance

Shares of DIS stock opened at $112.70 on Friday. 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 simple moving average is $114.12 and its 200-day simple moving average is $112.68. The stock has a market capitalization of $202.63 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.45 and a beta of 1.54.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 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 business had revenue of $23.65 billion for the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter last year, the company posted $1.39 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

DIS has been the subject of several recent analyst reports. Evercore ISI raised their target price on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, August 4th. Needham & Company LLC restated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Tuesday, September 23rd. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, UBS Group raised their target price on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Nineteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.90.

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.