Everett Harris & Co. CA Has $119.34 Million Stake in The Walt Disney Company (NYSE:DIS)

Everett Harris & Co. CA decreased its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 0.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 1,209,160 shares of the entertainment giant's stock after selling 10,986 shares during the quarter. Walt Disney accounts for about 1.5% of Everett Harris & Co. CA's investment portfolio, making the stock its 14th biggest position. Everett Harris & Co. CA owned about 0.07% of Walt Disney worth $119,344,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Walt Disney in the 1st quarter valued at approximately $26,000. Mpwm Advisory Solutions LLC acquired a new stake in Walt Disney in the 4th quarter valued at $27,000. Kessler Investment Group LLC grew its position in Walt Disney by 274.0% in the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock valued at $27,000 after acquiring an additional 200 shares during the period. Copia Wealth Management acquired a new position in Walt Disney during the fourth quarter worth $36,000. Finally, Vermillion Wealth Management Inc. bought a new position in shares of Walt Disney during the fourth quarter valued at $39,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Down 2.0%

Shares of DIS stock opened at $112.89 on Friday. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a quick ratio of 0.61, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The firm has a fifty day moving average of $119.18 and a 200-day moving average of $107.98. The company has a market capitalization of $202.94 billion, a price-to-earnings ratio of 17.69, a P/E/G ratio of 1.68 and a beta of 1.56.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. The firm had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%. The company's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $1.39 EPS. As a group, equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DIS. Citigroup upped their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Rosenblatt Securities raised their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Wall Street Zen cut shares of Walt Disney from a "strong-buy" rating to a "buy" rating in a research note on Sunday, July 20th. JPMorgan Chase & Co. boosted their target price on Walt Disney from $130.00 to $138.00 and gave the stock an "overweight" rating in a report on Tuesday, July 29th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price target on shares of Walt Disney in a report on Thursday. Five equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $129.83.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president directly owned 46,831 shares in the company, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.16% of the company's stock.

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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