Trust Investment Advisors Sells 783 Shares of The Walt Disney Company (NYSE:DIS)

Trust Investment Advisors decreased its position in The Walt Disney Company (NYSE:DIS) by 9.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,888 shares of the entertainment giant’s stock after selling 783 shares during the quarter. Trust Investment Advisors’ holdings in Walt Disney were worth $878,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of DIS. United Bank grew its stake in shares of Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after buying an additional 712 shares during the last quarter. Eagle Asset Management Inc. grew its position in Walt Disney by 49.2% during the 3rd quarter. Eagle Asset Management Inc. now owns 15,000 shares of the entertainment giant’s stock worth $1,485,000 after acquiring an additional 4,947 shares during the last quarter. Horizon Kinetics Asset Management LLC increased its stake in Walt Disney by 25.7% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 5,704 shares of the entertainment giant’s stock worth $549,000 after purchasing an additional 1,167 shares during the period. FMR LLC lifted its position in Walt Disney by 8.7% in the third quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock valued at $3,310,539,000 after purchasing an additional 2,765,389 shares during the last quarter. Finally, Avestar Capital LLC boosted its stake in shares of Walt Disney by 4.9% during the third quarter. Avestar Capital LLC now owns 13,889 shares of the entertainment giant’s stock valued at $1,336,000 after purchasing an additional 653 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 1.4 %

DIS opened at $101.61 on Wednesday. The stock has a market capitalization of $183.69 billion, a price-to-earnings ratio of 33.10, a PEG ratio of 1.80 and a beta of 1.41. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The firm has a 50 day moving average price of $107.76 and a 200-day moving average price of $104.95. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating 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%. Equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

DIS has been the subject of a number of recent analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Macquarie reissued a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Morgan Stanley upped their price target on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Finally, The Goldman Sachs Group increased their price objective on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $125.64.

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.