Clarius Group LLC Has $996,000 Stock Position in The Walt Disney Company (NYSE:DIS)

Clarius Group LLC lowered its stake in The Walt Disney Company (NYSE:DIS) by 5.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 10,233 shares of the entertainment giant’s stock after selling 620 shares during the period. Clarius Group LLC’s holdings in Walt Disney were worth $996,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. CCM Investment Advisers LLC grew its stake in Walt Disney by 2.3% in the 3rd quarter. CCM Investment Advisers LLC now owns 98,693 shares of the entertainment giant’s stock valued at $9,493,000 after buying an additional 2,192 shares during the last quarter. Albion Financial Group UT grew its stake in Walt Disney by 4.4% in the 3rd quarter. Albion Financial Group UT now owns 97,355 shares of the entertainment giant’s stock valued at $9,365,000 after buying an additional 4,143 shares during the last quarter. Watts Gwilliam & Co. LLC acquired a new position in Walt Disney in the 3rd quarter valued at about $1,347,000. Pinnacle Bancorp Inc. grew its position in shares of Walt Disney by 4.1% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 5,651 shares of the entertainment giant’s stock worth $544,000 after purchasing an additional 223 shares in the last quarter. Finally, WealthBridge Investment Counsel Inc. grew its position in shares of Walt Disney by 0.5% during the 3rd quarter. WealthBridge Investment Counsel Inc. now owns 64,486 shares of the entertainment giant’s stock worth $6,203,000 after purchasing an additional 300 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Wells Fargo & Company decreased their target price on shares of Walt Disney from $136.00 to $116.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. The Goldman Sachs Group assumed coverage on shares of Walt Disney in a research report on Tuesday, June 25th. They set a “buy” rating and a $125.00 target price on the stock. Macquarie decreased their target price on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating on the stock in a research report on Thursday, September 19th. Loop Capital decreased their target price on shares of Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday, July 30th. Finally, Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Four research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $119.20.

Insider Activity

In other Walt Disney news, Director Calvin Mcdonald purchased 11,756 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was purchased at an average price of $85.06 per share, with a total value of $999,965.36. Following the completion of the purchase, the director now owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. The trade was a 100.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.10% of the company’s stock.

Walt Disney Price Performance

NYSE:DIS traded up $0.81 on Friday, hitting $93.80. The company had a trading volume of 579,102 shares, compared to its average volume of 11,012,943. The stock has a market capitalization of $170.11 billion, a price-to-earnings ratio of 35.77, a PEG ratio of 1.49 and a beta of 1.40. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $90.76 and a two-hundred day moving average of $100.11. The Walt Disney Company has a 52 week low of $79.23 and a 52 week high of $123.74.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, beating the consensus estimate of $1.20 by $0.19. The business had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The firm’s revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.03 EPS. On average, research analysts anticipate that The Walt Disney Company will post 4.92 earnings per share for the current year.

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.