Financial Counselors Inc. Has $15.78 Million Position in The Walt Disney Company (NYSE:DIS)

Financial Counselors Inc. lowered its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 51.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 159,915 shares of the entertainment giant's stock after selling 171,928 shares during the quarter. Financial Counselors Inc.'s holdings in Walt Disney were worth $15,784,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Trek Financial LLC lifted its stake in shares of Walt Disney by 479.9% in the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock valued at $4,044,000 after purchasing an additional 30,057 shares during the period. WoodTrust Financial Corp raised its stake in Walt Disney by 6.7% during the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock worth $9,491,000 after buying an additional 6,047 shares during the period. Bank of Stockton lifted its holdings in Walt Disney by 4.4% during the first quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock worth $897,000 after acquiring an additional 383 shares in the last quarter. Rheos Capital Works Inc. lifted its holdings in Walt Disney by 164.7% during the first quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock worth $39,026,000 after acquiring an additional 246,000 shares in the last quarter. Finally, Merit Financial Group LLC lifted its holdings in Walt Disney by 47.0% during the first quarter. Merit Financial Group LLC now owns 57,172 shares of the entertainment giant's stock worth $5,643,000 after acquiring an additional 18,272 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Needham & Company LLC reiterated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a report on Thursday, May 8th. Barclays lifted their target price on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Wednesday. Loop Capital lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, June 10th. Jefferies Financial Group upgraded Walt Disney from a "hold" rating to a "buy" rating and lifted their target price for the stock from $100.00 to $144.00 in a report on Monday, June 30th. Finally, Morgan Stanley lifted their target price on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Five equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and a consensus target price of $127.35.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the transaction, the executive vice president directly owned 46,831 shares of the company's stock, 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 can be accessed through this link. Insiders own 0.16% of the company's stock.

Walt Disney Price Performance

NYSE:DIS traded up $0.93 during trading hours on Thursday, reaching $121.54. 6,884,261 shares of the company were exchanged, compared to its average volume of 10,003,740. The company has a market capitalization of $218.50 billion, a P/E ratio of 24.85, a P/E/G ratio of 1.78 and a beta of 1.56. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61. The business has a 50 day moving average of $113.74 and a 200 day moving average of $106.58.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The firm had revenue of $23.62 billion during the quarter, compared to analysts' expectations of $23.15 billion. During the same period in the prior year, the company earned $1.21 earnings per share. The company's quarterly revenue was up 7.0% on a year-over-year basis. Research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

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.