Blair William & Co. IL Trims Stock Holdings in The Walt Disney Company $DIS

Key Points

• Blair William & Co. IL reduced its holdings in The Walt Disney Company by 12.2%, bringing their total to 429,619 shares after selling 59,935 shares in the 2nd quarter.
• Walt Disney has been rated with a "Moderate Buy" consensus and a target price of $131.18, with 19 analysts issuing Buy ratings and 9 issuing Hold ratings.
• In its recent earnings report, Disney topped analyst predictions with $1.61 EPS against an expected $1.45, while revenues were slightly below estimates at $23.65 billion.

Blair William & Co. IL cut its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 12.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 429,619 shares of the entertainment giant's stock after selling 59,935 shares during the quarter. Blair William & Co. IL's holdings in Walt Disney were worth $53,277,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DIS. Brighton Jones LLC lifted its position in Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock worth $2,980,000 after buying an additional 1,904 shares during the period. GAMMA Investing LLC lifted its position in Walt Disney by 8.1% during the first quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant's stock worth $2,451,000 after buying an additional 1,856 shares during the period. Integrated Advisors Network LLC lifted its position in Walt Disney by 0.7% during the first quarter. Integrated Advisors Network LLC now owns 21,228 shares of the entertainment giant's stock worth $2,095,000 after buying an additional 139 shares during the period. Zhang Financial LLC raised its holdings in shares of Walt Disney by 9.8% in the 1st quarter. Zhang Financial LLC now owns 2,207 shares of the entertainment giant's stock worth $218,000 after purchasing an additional 197 shares during the period. Finally, Simon Quick Advisors LLC raised its holdings in shares of Walt Disney by 25.8% in the 1st quarter. Simon Quick Advisors LLC now owns 13,552 shares of the entertainment giant's stock worth $1,338,000 after purchasing an additional 2,780 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of research reports. Wall Street Zen downgraded Walt Disney from a "buy" rating to a "hold" rating in a report on Friday, October 3rd. UBS Group raised their target price on Walt Disney from $120.00 to $138.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. Susquehanna reiterated a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Raymond James Financial reiterated a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Morgan Stanley raised their target price on Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Monday, August 4th. Nineteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $131.18.

Walt Disney Stock Down 0.9%

Shares of NYSE:DIS opened at $110.91 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The company has a fifty day simple moving average of $115.51 and a 200 day simple moving average of $110.29. The firm has a market cap of $199.41 billion, a PE ratio of 17.38, a price-to-earnings-growth ratio of 1.47 and a beta of 1.54. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. The business had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business's revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 earnings per share. On average, equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.

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