Realta Investment Advisors Has $356,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

Realta Investment Advisors cut its position in The Walt Disney Company (NYSE:DIS) by 69.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,748 shares of the entertainment giant’s stock after selling 8,574 shares during the quarter. Realta Investment Advisors’ holdings in Walt Disney were worth $356,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DIS. Fullcircle Wealth LLC lifted its position in Walt Disney by 27.8% in the 3rd quarter. Fullcircle Wealth LLC now owns 17,504 shares of the entertainment giant’s stock valued at $1,684,000 after acquiring an additional 3,805 shares in the last quarter. AM Investment Strategies LLC lifted its position in shares of Walt Disney by 35.0% during the 3rd quarter. AM Investment Strategies LLC now owns 6,922 shares of the entertainment giant’s stock worth $666,000 after buying an additional 1,794 shares in the last quarter. swisspartners Advisors Ltd lifted its position in shares of Walt Disney by 5.5% during the 3rd quarter. swisspartners Advisors Ltd now owns 54,563 shares of the entertainment giant’s stock worth $5,248,000 after buying an additional 2,830 shares in the last quarter. VELA Investment Management LLC lifted its position in shares of Walt Disney by 12.3% during the 3rd quarter. VELA Investment Management LLC now owns 47,584 shares of the entertainment giant’s stock worth $4,577,000 after buying an additional 5,209 shares in the last quarter. Finally, F M Investments LLC bought a new position in shares of Walt Disney during the 3rd quarter worth approximately $446,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Down 0.4 %

Shares of NYSE:DIS opened at $95.81 on Friday. The stock has a fifty day simple moving average of $93.16 and a two-hundred day simple moving average of $97.45. The stock has a market capitalization of $173.76 billion, a price-to-earnings ratio of 36.85, a PEG ratio of 1.51 and a beta of 1.40. The Walt Disney Company has a 12-month low of $81.82 and a 12-month high of $123.74. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.19. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The firm had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. During the same quarter in the previous year, the business earned $1.03 earnings per share. The company’s revenue was up 3.9% on a year-over-year basis. On average, research analysts anticipate that The Walt Disney Company will post 4.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently commented on DIS. Evercore ISI lowered their price target on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Macquarie reduced their price objective on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating for the company in a research note on Thursday, September 19th. Barclays reduced their price objective on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Piper Sandler started coverage on shares of Walt Disney in a report on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Five research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $118.05.

Insider Buying and Selling

In related news, Director Calvin Mcdonald purchased 11,756 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was acquired at an average price of $85.06 per share, with a total value of $999,965.36. Following the completion of the acquisition, the director now owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. This trade represents a 100.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

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.