Greystone Financial Group LLC Boosts Holdings in The Walt Disney Company (NYSE:DIS)

Greystone Financial Group LLC grew its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 24.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 105,680 shares of the entertainment giant's stock after buying an additional 20,493 shares during the quarter. Walt Disney accounts for about 1.9% of Greystone Financial Group LLC's investment portfolio, making the stock its 20th biggest holding. Greystone Financial Group LLC's holdings in Walt Disney were worth $10,431,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in DIS. Pathway Financial Advisors LLC grew its holdings in shares of Walt Disney by 2.7% in the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock worth $386,000 after purchasing an additional 92 shares during the last quarter. Prossimo Advisors LLC lifted its position in Walt Disney by 1.1% during the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock valued at $972,000 after buying an additional 92 shares during the period. Onefund LLC lifted its position in Walt Disney by 2.0% during the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock valued at $541,000 after buying an additional 93 shares during the period. Boston Financial Mangement LLC lifted its position in Walt Disney by 1.5% during the fourth quarter. Boston Financial Mangement LLC now owns 6,287 shares of the entertainment giant's stock valued at $700,000 after buying an additional 94 shares during the period. Finally, GPM Growth Investors Inc. raised its position in shares of Walt Disney by 4.3% in the 4th quarter. GPM Growth Investors Inc. now owns 2,342 shares of the entertainment giant's stock worth $261,000 after purchasing an additional 96 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

Insider Activity

In other 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 now directly owns 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.16% of the company's stock.

Walt Disney Stock Performance

Shares of Walt Disney stock traded down $1.02 during trading hours on Thursday, reaching $118.50. 7,915,404 shares of the stock traded hands, compared to its average volume of 10,065,717. The company has a 50 day moving average price of $100.15 and a 200 day moving average price of $105.82. The firm has a market capitalization of $213.03 billion, a price-to-earnings ratio of 38.60, a P/E/G ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a one year low of $80.10 and a one year high of $120.50. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. 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 previous year, the company posted $1.21 EPS. The business's quarterly revenue was up 7.0% compared to the same quarter last year. On average, equities research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target for the company in a research report on Monday, April 21st. Barclays lifted their price target on Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Guggenheim lowered their price target on Walt Disney from $130.00 to $120.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. UBS Group lifted their price target on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Finally, Morgan Stanley boosted their target price on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Walt Disney presently has an average rating of "Moderate Buy" and a consensus target price of $123.96.

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.