Rockefeller Capital Management L.P. Lowers Holdings in The Walt Disney Company (NYSE:DIS)

Rockefeller Capital Management L.P. lowered its holdings in shares of The Walt Disney Company (NYSE:DIS) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,088,934 shares of the entertainment giant’s stock after selling 25,884 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.06% of Walt Disney worth $121,292,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DIS. Morse Asset Management Inc lifted its position in shares of Walt Disney by 17.5% in the third quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant’s stock worth $2,055,000 after buying an additional 3,185 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in shares of Walt Disney by 25.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 6,898 shares of the entertainment giant’s stock worth $663,000 after acquiring an additional 1,406 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in shares of Walt Disney by 1.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 13,333 shares of the entertainment giant’s stock worth $1,283,000 after acquiring an additional 139 shares in the last quarter. Te Ahumairangi Investment Management Ltd boosted its position in shares of Walt Disney by 28.3% during the 3rd quarter. Te Ahumairangi Investment Management Ltd now owns 37,123 shares of the entertainment giant’s stock valued at $3,551,000 after acquiring an additional 8,180 shares during the last quarter. Finally, Saratoga Research & Investment Management increased its position in Walt Disney by 18.8% in the third quarter. Saratoga Research & Investment Management now owns 1,536,008 shares of the entertainment giant’s stock worth $147,749,000 after purchasing an additional 242,675 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 0.4 %

Shares of NYSE DIS opened at $84.92 on Friday. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The business has a fifty day simple moving average of $101.83 and a two-hundred day simple moving average of $104.75. The firm has a market cap of $153.52 billion, a PE ratio of 27.66, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44.

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

Analysts Set New Price Targets

DIS has been the subject of several research reports. The Goldman Sachs Group increased their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Macquarie reiterated a “neutral” rating and issued a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Rosenblatt Securities restated a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a research report on Monday, February 10th. Morgan Stanley lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Finally, Prescient Securities decreased their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Walt Disney has an average rating of “Moderate Buy” and an average target price of $125.13.

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.