Colonial Trust Advisors Sells 5,348 Shares of The Walt Disney Company (NYSE:DIS)

Colonial Trust Advisors lessened its holdings in The Walt Disney Company (NYSE:DIS) by 6.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 82,002 shares of the entertainment giant’s stock after selling 5,348 shares during the quarter. Colonial Trust Advisors’ holdings in Walt Disney were worth $9,131,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of DIS. FPC Investment Advisory Inc. purchased a new stake in shares of Walt Disney during the 4th quarter worth $28,000. Tacita Capital Inc grew its holdings in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after acquiring an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new stake in Walt Disney in the fourth quarter valued at approximately $32,000. Midwest Capital Advisors LLC purchased a new position in shares of Walt Disney in the fourth quarter valued at approximately $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new position in Walt Disney during the fourth quarter worth approximately $35,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 12.2 %

Shares of Walt Disney stock opened at $91.69 on Thursday. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The firm has a market cap of $165.76 billion, a PE ratio of 29.87, a P/E/G ratio of 1.80 and a beta of 1.44. The business’s fifty day moving average is $102.98 and its two-hundred day moving average is $104.86. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Citigroup reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. Barclays decreased their price target on Walt Disney from $125.00 to $115.00 and set an “overweight” rating for the company in a report on Tuesday. Needham & Company LLC reissued a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Morgan Stanley upped their price objective on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Prescient Securities dropped their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.75.

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.