The Walt Disney Company (NYSE:DIS) Shares Sold by Delphi Management Inc. MA

Delphi Management Inc. MA trimmed its holdings in The Walt Disney Company (NYSE:DIS) by 8.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 13,808 shares of the entertainment giant’s stock after selling 1,200 shares during the period. Walt Disney makes up 1.5% of Delphi Management Inc. MA’s portfolio, making the stock its 20th biggest holding. Delphi Management Inc. MA’s holdings in Walt Disney were worth $1,538,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. United Bank lifted its stake in shares of Walt Disney by 6.2% in the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after purchasing an additional 712 shares in the last quarter. Clarkston Capital Partners LLC lifted its stake in shares of Walt Disney by 2.0% in the 3rd quarter. Clarkston Capital Partners LLC now owns 238,974 shares of the entertainment giant’s stock valued at $22,987,000 after purchasing an additional 4,788 shares in the last quarter. Prudent Man Advisors LLC lifted its stake in shares of Walt Disney by 73.4% in the 3rd quarter. Prudent Man Advisors LLC now owns 8,968 shares of the entertainment giant’s stock valued at $863,000 after purchasing an additional 3,797 shares in the last quarter. Aljian Capital Management LLC acquired a new position in shares of Walt Disney in the 3rd quarter valued at about $1,228,000. Finally, Quest Partners LLC lifted its stake in shares of Walt Disney by 198.6% in the 3rd quarter. Quest Partners LLC now owns 10,916 shares of the entertainment giant’s stock valued at $1,050,000 after purchasing an additional 7,260 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on DIS. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Needham & Company LLC reissued a “buy” rating and set a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. The Goldman Sachs Group boosted their price target on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Loop Capital boosted their price target on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Finally, Jefferies Financial Group began coverage on Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target on the stock. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney Price Performance

Shares of NYSE DIS opened at $99.43 on Tuesday. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $179.74 billion, a price-to-earnings ratio of 32.39, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The business has a 50 day simple moving average of $108.87 and a 200-day simple moving average of $104.52.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping 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%. As a group, equities research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current 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.