Coppell Advisory Solutions LLC Decreases Stake in The Walt Disney Company $DIS

Key Points

• Coppell Advisory Solutions LLC reduced its stake in The Walt Disney Company by 60%, selling 8,144 shares, and now holds 5,436 shares valued at roughly $496,000.
• Wall Street analysts have mixed ratings on Disney, with Jefferies downgrading the stock to a "hold," while others like Morgan Stanley increased their price target from $120 to $140.
• Walt Disney reported $1.61 earnings per share for the latest quarter, exceeding expectations of $1.45, with a revenue of $23.65 billion, slightly below estimates of $23.69 billion.

Coppell Advisory Solutions LLC lessened its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 60.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,436 shares of the entertainment giant's stock after selling 8,144 shares during the period. Coppell Advisory Solutions LLC's holdings in Walt Disney were worth $496,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock valued at $2,980,000 after buying an additional 1,904 shares during the period. Graham Capital Management L.P. purchased a new stake in Walt Disney in the 4th quarter valued at about $1,716,000. Investor s Fiduciary Advisor Network LLC acquired a new position in Walt Disney in the fourth quarter valued at about $238,000. Laurion Capital Management LP purchased a new position in Walt Disney during the fourth quarter worth about $225,000. Finally, Leigh Baldwin & CO. LLC purchased a new position in Walt Disney during the fourth quarter worth about $60,580,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group cut shares of Walt Disney from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 11th. Needham & Company LLC restated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Thursday, September 4th. Morgan Stanley raised their price target on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Raymond James Financial reiterated a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Loop Capital increased their target price on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $131.18.

Walt Disney Price Performance

DIS stock opened at $118.77 on Tuesday. The business's 50-day moving average is $118.90 and its two-hundred day moving average is $108.84. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The firm has a market capitalization of $213.54 billion, a P/E ratio of 18.62, a P/E/G ratio of 1.71 and a beta of 1.55. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion for 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 quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 earnings per share. Analysts anticipate that The Walt Disney Company will post 5.47 earnings per share 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.

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