Fort Sheridan Advisors LLC Sells 2,277 Shares of The Walt Disney Company (NYSE:DIS)

Fort Sheridan Advisors LLC lessened its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 16.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,532 shares of the entertainment giant's stock after selling 2,277 shares during the period. Fort Sheridan Advisors LLC's holdings in Walt Disney were worth $1,138,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Planning Directions Inc. acquired a new position in shares of Walt Disney during the first quarter worth $326,000. Trek Financial LLC lifted its holdings in Walt Disney by 479.9% in the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock valued at $4,044,000 after buying an additional 30,057 shares during the period. WoodTrust Financial Corp lifted its holdings in Walt Disney by 6.7% in the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock valued at $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% in the first quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock valued at $897,000 after buying an additional 383 shares during the period. Finally, Rheos Capital Works Inc. lifted its holdings in Walt Disney by 164.7% in the first quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock valued at $39,026,000 after buying an additional 246,000 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.

Insider Transactions at Walt Disney

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on DIS shares. Barclays boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Wednesday. Wall Street Zen upgraded shares of Walt Disney from a "buy" rating to a "strong-buy" rating in a report on Saturday. Needham & Company LLC restated a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a report on Thursday, May 8th. Morgan Stanley boosted their target price on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, UBS Group upped their price objective on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Five research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $127.35.

Walt Disney Stock Down 1.4%

DIS stock traded down $1.74 during trading on Friday, reaching $119.82. The stock had a trading volume of 6,107,624 shares, compared to its average volume of 10,007,466. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The company's 50 day moving average is $114.90 and its two-hundred day moving average is $106.70. The company has a market capitalization of $215.41 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 1.78 and a beta of 1.56.

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