Charter Research & Investment Group Inc. Sells 487 Shares of The Walt Disney Company (NYSE:DIS)

Charter Research & Investment Group Inc. lowered its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 17,896 shares of the entertainment giant’s stock after selling 487 shares during the period. Walt Disney makes up approximately 1.5% of Charter Research & Investment Group Inc.’s holdings, making the stock its 21st biggest position. Charter Research & Investment Group Inc.’s holdings in Walt Disney were worth $1,993,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Farmers Trust Co. boosted its position in Walt Disney by 1.1% in the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock worth $945,000 after purchasing an additional 92 shares in the last quarter. Pathway Financial Advisors LLC boosted its holdings in Walt Disney by 2.7% during the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock worth $386,000 after buying an additional 92 shares in the last quarter. Prossimo Advisors LLC grew its position in Walt Disney by 1.1% during the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock valued at $972,000 after buying an additional 92 shares during the period. Saxon Interests Inc. increased its holdings in Walt Disney by 2.8% in the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after buying an additional 93 shares in the last quarter. Finally, Onefund LLC raised its position in shares of Walt Disney by 2.0% in the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock worth $541,000 after acquiring an additional 93 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

DIS has been the subject of several recent analyst reports. Needham & Company LLC restated a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research note on Wednesday, February 5th. Macquarie reaffirmed a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Morgan Stanley lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. The Goldman Sachs Group upped their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Finally, Prescient Securities dropped their target price on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney Price Performance

NYSE:DIS opened at $98.02 on Friday. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.69. The stock’s fifty day moving average is $107.31 and its two-hundred day moving average is $105.07. The company has a market capitalization of $177.19 billion, a P/E ratio of 31.93, a P/E/G 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.

Walt Disney (NYSE:DIS) last posted its earnings results 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 net margin of 6.07% and a return on equity of 9.95%. Equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

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.