Winthrop Advisory Group LLC lessened its holdings in The Walt Disney Company (NYSE:DIS) by 1.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,028 shares of the entertainment giant’s stock after selling 184 shares during the quarter. Walt Disney accounts for approximately 0.5% of Winthrop Advisory Group LLC’s investment portfolio, making the stock its 25th biggest position. Winthrop Advisory Group LLC’s holdings in Walt Disney were worth $2,204,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in DIS. Penserra Capital Management LLC bought a new stake in shares of Walt Disney in the second quarter valued at about $29,000. Johnson Midwest Financial LLC boosted its position in shares of Walt Disney by 142.9% in the second quarter. Johnson Midwest Financial LLC now owns 170 shares of the entertainment giant’s stock valued at $30,000 after acquiring an additional 100 shares during the period. FFT Wealth Management LLC bought a new stake in shares of Walt Disney in the second quarter valued at about $37,000. Financial Insights Inc. bought a new stake in shares of Walt Disney in the second quarter valued at about $37,000. Finally, Paragon Wealth Strategies LLC acquired a new position in Walt Disney in the second quarter valued at about $39,000. 64.08% of the stock is owned by institutional investors.
A number of research analysts recently commented on the company. Evercore ISI reaffirmed a “buy” rating and issued a $210.00 price target on shares of Walt Disney in a research note on Wednesday, September 22nd. BMO Capital Markets dropped their price target on Walt Disney from $195.00 to $180.00 and set a “market perform” rating for the company in a research note on Thursday, November 11th. The Goldman Sachs Group dropped their price target on Walt Disney from $218.00 to $209.00 and set a “buy” rating for the company in a research note on Thursday, November 11th. Deutsche Bank Aktiengesellschaft dropped their price target on Walt Disney from $200.00 to $191.00 and set a “buy” rating for the company in a research note on Monday, November 15th. Finally, Loop Capital dropped their price target on Walt Disney from $220.00 to $205.00 and set a “buy” rating for the company in a research note on Friday, November 12th. Six research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $200.15.
Shares of Walt Disney stock traded up $0.31 on Thursday, hitting $151.34. The stock had a trading volume of 14,123,739 shares, compared to its average volume of 10,012,573. The stock has a 50 day moving average of $170.25 and a 200 day moving average of $175.01. The Walt Disney Company has a twelve month low of $146.29 and a twelve month high of $203.02. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 1.08. The firm has a market capitalization of $275.00 billion, a P/E ratio of 138.84, a PEG ratio of 1.49 and a beta of 1.17.
Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, November 10th. The entertainment giant reported $0.37 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.13). Walt Disney had a net margin of 2.96% and a return on equity of 4.86%. During the same period in the prior year, the firm earned ($0.20) earnings per share. Equities analysts expect that The Walt Disney Company will post 4.74 earnings per share for the current year.
About Walt Disney
The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International (DTCI). The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.
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