Gleason Group Inc. Has $1.01 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Gleason Group Inc. lessened its stake in shares of The Walt Disney Company (NYSE:DIS) by 1.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,283 shares of the entertainment giant’s stock after selling 111 shares during the period. Gleason Group Inc.’s holdings in Walt Disney were worth $1,013,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DIS. Acadian Asset Management LLC grew its stake in shares of Walt Disney by 13.6% in the third quarter. Acadian Asset Management LLC now owns 22,595 shares of the entertainment giant’s stock worth $1,829,000 after acquiring an additional 2,698 shares during the last quarter. Profund Advisors LLC boosted its stake in Walt Disney by 7.4% during the third quarter. Profund Advisors LLC now owns 21,160 shares of the entertainment giant’s stock worth $1,715,000 after buying an additional 1,462 shares in the last quarter. Operose Advisors LLC boosted its stake in Walt Disney by 507.8% during the third quarter. Operose Advisors LLC now owns 1,939 shares of the entertainment giant’s stock worth $157,000 after buying an additional 1,620 shares in the last quarter. O Dell Group LLC boosted its stake in Walt Disney by 33.5% during the third quarter. O Dell Group LLC now owns 13,360 shares of the entertainment giant’s stock worth $1,083,000 after buying an additional 3,356 shares in the last quarter. Finally, Morse Asset Management Inc boosted its stake in Walt Disney by 5.2% during the third quarter. Morse Asset Management Inc now owns 17,070 shares of the entertainment giant’s stock worth $1,384,000 after buying an additional 850 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Down 0.2 %

NYSE:DIS traded down $0.16 on Wednesday, hitting $102.04. 3,638,540 shares of the stock were exchanged, compared to its average volume of 11,377,565. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.69 and a current ratio of 0.75. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74. The stock has a market capitalization of $186.02 billion, a price-to-earnings ratio of 110.86, a P/E/G ratio of 1.27 and a beta of 1.40. The company’s 50-day moving average price is $105.45 and its 200 day moving average price is $104.55.

Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The company had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $22.12 billion. During the same period in the prior year, the company posted $0.93 EPS. The company’s revenue was up 1.2% compared to the same quarter last year. On average, equities research analysts forecast that The Walt Disney Company will post 4.75 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Argus lifted their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. The Goldman Sachs Group assumed coverage on shares of Walt Disney in a research note on Tuesday. They set a “buy” rating and a $125.00 price target on the stock. Macquarie lifted their price target on shares of Walt Disney from $104.00 to $107.00 and gave the stock a “neutral” rating in a research note on Monday, May 13th. Wells Fargo & Company lifted their price objective on Walt Disney from $128.00 to $141.00 and gave the company an “overweight” rating in a report on Tuesday, April 23rd. Finally, Evercore ISI cut their price objective on Walt Disney from $130.00 to $128.00 and set an “outperform” rating for the company in a report on Wednesday, May 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have assigned a buy rating to the company. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $126.50.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the transaction, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $536,448. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director James P. Gorman purchased 20,000 shares of the stock in a transaction dated Wednesday, May 8th. The stock was bought at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the purchase, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at $536,448. The disclosure for this sale can be found here. Corporate insiders own 0.10% of the company’s stock.

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.