The Walt Disney Company (NYSE:DIS) Stock Holdings Reduced by Realta Investment Advisors

Realta Investment Advisors lowered its position in The Walt Disney Company (NYSE:DIS) by 69.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,748 shares of the entertainment giant’s stock after selling 8,574 shares during the quarter. Realta Investment Advisors’ holdings in Walt Disney were worth $356,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jennison Associates LLC bought a new stake in shares of Walt Disney during the 1st quarter worth about $1,490,492,000. Capital World Investors raised its holdings in Walt Disney by 3,332.4% in the 1st quarter. Capital World Investors now owns 6,267,593 shares of the entertainment giant’s stock valued at $766,903,000 after acquiring an additional 6,084,993 shares in the last quarter. Swedbank AB acquired a new position in Walt Disney in the 1st quarter valued at approximately $493,715,000. Farallon Capital Management LLC acquired a new position in Walt Disney in the 2nd quarter valued at approximately $355,673,000. Finally, Ontario Teachers Pension Plan Board acquired a new position in shares of Walt Disney in the 1st quarter worth approximately $425,567,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 0.4 %

Shares of NYSE:DIS opened at $95.81 on Friday. The business’s 50 day simple moving average is $93.16 and its 200 day simple moving average is $97.45. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a 1 year low of $81.82 and a 1 year high of $123.74. The company has a market capitalization of $173.76 billion, a P/E ratio of 36.85, a P/E/G ratio of 1.51 and a beta of 1.40.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.19. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The firm had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. During the same period in the prior year, the company earned $1.03 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. On average, research analysts anticipate that The Walt Disney Company will post 4.93 EPS for the current fiscal year.

Insider Activity

In related news, Director Calvin Mcdonald bought 11,756 shares of the stock in a transaction that occurred on Thursday, August 8th. The stock was acquired at an average cost of $85.06 per share, with a total value of $999,965.36. Following the transaction, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. This trade represents a 100.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

DIS has been the subject of a number of recent analyst reports. Loop Capital dropped their price target on Walt Disney from $139.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, July 30th. Macquarie dropped their price target on Walt Disney from $94.00 to $91.00 and set a “neutral” rating for the company in a report on Thursday, September 19th. Barclays decreased their price objective on Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Finally, JPMorgan Chase & Co. decreased their price objective on Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Five research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus price target of $118.05.

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.