The Walt Disney Company (NYSE:DIS) Shares Sold by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. lowered its stake in shares of The Walt Disney Company (NYSE:DIS) by 4.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,481 shares of the entertainment giant’s stock after selling 126 shares during the period. Physician Wealth Advisors Inc.’s holdings in Walt Disney were worth $276,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. United Bank boosted its stake in Walt Disney by 6.2% during the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after purchasing an additional 712 shares during the last quarter. CreativeOne Wealth LLC boosted its position in Walt Disney by 5.4% during the third quarter. CreativeOne Wealth LLC now owns 11,448 shares of the entertainment giant’s stock worth $1,101,000 after acquiring an additional 590 shares during the last quarter. Public Sector Pension Investment Board grew its stake in Walt Disney by 13.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 77,763 shares of the entertainment giant’s stock valued at $7,480,000 after acquiring an additional 9,200 shares in the last quarter. BlueCrest Capital Management Ltd raised its holdings in Walt Disney by 3,309.1% in the 3rd quarter. BlueCrest Capital Management Ltd now owns 3,000 shares of the entertainment giant’s stock valued at $289,000 after acquiring an additional 2,912 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec lifted its stake in Walt Disney by 53.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 852,003 shares of the entertainment giant’s stock worth $81,954,000 after purchasing an additional 297,017 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on DIS shares. Rosenblatt Securities restated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Jefferies Financial Group began coverage on Walt Disney in a research note on Wednesday, December 4th. They issued a “hold” rating and a $120.00 target price for the company. Macquarie reiterated a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Morgan Stanley upped their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, Loop Capital lifted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $125.64.

Walt Disney Trading Down 2.4 %

NYSE DIS opened at $98.02 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The firm has a market cap of $177.19 billion, a price-to-earnings ratio of 31.93, a PEG ratio of 1.80 and a beta of 1.41. The firm has a 50 day simple moving average of $107.31 and a 200-day simple moving average of $105.07. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.69.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating 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%. Equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.