The Walt Disney Company (NYSE:DIS) Shares Sold by Chapman Investment Management LLC

Chapman Investment Management LLC trimmed its holdings in shares of The Walt Disney Company (NYSE:DIS) by 14.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,476 shares of the entertainment giant’s stock after selling 3,446 shares during the quarter. Walt Disney accounts for approximately 1.8% of Chapman Investment Management LLC’s portfolio, making the stock its 19th biggest position. Chapman Investment Management LLC’s holdings in Walt Disney were worth $2,505,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of DIS. Planned Solutions Inc. acquired a new position in Walt Disney during the 4th quarter worth about $26,000. Gold Investment Management Ltd. acquired a new stake in shares of Walt Disney during the fourth quarter worth about $28,000. Partnership Wealth Management LLC purchased a new position in shares of Walt Disney in the fourth quarter valued at approximately $33,000. Stone House Investment Management LLC grew its holdings in shares of Walt Disney by 355.3% in the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after purchasing an additional 270 shares in the last quarter. Finally, Red Tortoise LLC increased its stake in Walt Disney by 141.4% during the 1st quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant’s stock worth $45,000 after buying an additional 215 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Walt Disney

In related news, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of the firm’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $106.00, for a total value of $466,400.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director James P. Gorman acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were bought at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the purchase, the director now owns 20,467 shares in the company, valued at $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have commented on DIS. Guggenheim boosted their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Argus upped their price target on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Loop Capital lifted their price objective on Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Barclays cut their target price on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 8th. Finally, Evercore ISI decreased their price target on shares of Walt Disney from $130.00 to $128.00 and set an “outperform” rating for the company in a research note on Wednesday, May 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $126.44.

Walt Disney Price Performance

DIS traded down $0.37 during midday trading on Thursday, reaching $96.60. 7,423,703 shares of the company’s stock were exchanged, compared to its average volume of 11,356,775. The business’s 50-day moving average price is $102.44 and its 200 day moving average price is $104.95. The stock has a market capitalization of $176.11 billion, a PE ratio of 105.00, a P/E/G ratio of 1.21 and a beta of 1.40. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $123.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.75 and a quick ratio of 0.69.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The firm had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $22.12 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. Walt Disney’s quarterly revenue was up 1.2% on a year-over-year basis. As a group, equities analysts anticipate that The Walt Disney Company will post 4.75 EPS for the current fiscal year.

Walt Disney Company 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.