Condor Capital Management Has $3.37 Million Holdings in The Walt Disney Company (NYSE:DIS)

Condor Capital Management cut its stake in The Walt Disney Company (NYSE:DIS) by 2.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,285 shares of the entertainment giant’s stock after selling 783 shares during the period. Condor Capital Management’s holdings in Walt Disney were worth $3,372,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of DIS. United Bank boosted its holdings in 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 during the period. Quest Partners LLC lifted its holdings in shares of Walt Disney by 198.6% during the 3rd quarter. Quest Partners LLC now owns 10,916 shares of the entertainment giant’s stock worth $1,050,000 after acquiring an additional 7,260 shares during the period. Prospera Financial Services Inc lifted its holdings in shares of Walt Disney by 1.0% during the 3rd quarter. Prospera Financial Services Inc now owns 46,170 shares of the entertainment giant’s stock worth $4,444,000 after acquiring an additional 467 shares during the period. BIP Wealth LLC bought a new position in shares of Walt Disney during the 3rd quarter worth about $315,000. Finally, Avior Wealth Management LLC lifted its holdings in shares of Walt Disney by 6.5% during the 3rd quarter. Avior Wealth Management LLC now owns 52,623 shares of the entertainment giant’s stock worth $5,052,000 after acquiring an additional 3,209 shares during the period. 65.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DIS. Jefferies Financial Group began coverage on shares of Walt Disney in a report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price objective for the company. Prescient Securities reduced their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Morgan Stanley raised their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Loop Capital lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Six equities research 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Stock Up 1.0 %

Shares of NYSE:DIS opened at $100.33 on Thursday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a 50 day moving average of $108.45 and a 200-day moving average of $104.65. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The stock has a market cap of $181.38 billion, a price-to-earnings ratio of 32.68, a P/E/G ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, sell-side analysts forecast that The Walt Disney Company will post 5.47 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.