Integrated Investment Consultants LLC Has $1.16 Million Holdings in The Walt Disney Company (NYSE:DIS)

Key Points

• Integrated Investment Consultants LLC reduced its stake in The Walt Disney Company by 83.4%, selling 58,894 shares and leaving them with 11,759 shares valued at approximately $1.16 million.
• Despite the reduction, institutional investors own 65.71% of Walt Disney's stock, with new positions purchased by several investment firms in recent quarters.
• The company's stock is currently trading at $121.44 with significant price targets from analysts, including ratings of "buy" and a consensus target price of $128.13.

Integrated Investment Consultants LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 83.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,759 shares of the entertainment giant's stock after selling 58,894 shares during the quarter. Integrated Investment Consultants LLC's holdings in Walt Disney were worth $1,161,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Planning Directions Inc. purchased a new stake in shares of Walt Disney in the first quarter valued at $326,000. Trek Financial LLC grew its holdings in Walt Disney by 479.9% during the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock worth $4,044,000 after acquiring an additional 30,057 shares in the last quarter. WoodTrust Financial Corp grew its holdings 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 acquiring an additional 6,047 shares in the last quarter. Bank of Stockton grew its holdings in Walt Disney by 4.4% during the 1st 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. Finally, Rheos Capital Works Inc. grew its holdings in Walt Disney by 164.7% during the 1st 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. Hedge funds and other institutional investors 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 firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president owned 46,831 shares of the company's stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.16% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DIS. Rosenblatt Securities increased their target price 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. JPMorgan Chase & Co. lifted their target price on shares of Walt Disney from $130.00 to $138.00 and gave the stock an "overweight" rating in a research note on Tuesday. Barclays lifted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Citigroup raised their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Finally, Guggenheim lifted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research note on Friday, June 27th. Five research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $128.70.

Walt Disney Stock Down 0.7%

Walt Disney stock traded down $0.82 during mid-day trading on Tuesday, hitting $119.55. The company's stock had a trading volume of 1,936,229 shares, compared to its average volume of 9,764,313. The firm's 50 day moving average is $118.13 and its 200 day moving average is $107.42. The company has a market cap of $214.93 billion, a PE ratio of 24.44, a price-to-earnings-growth ratio of 1.78 and a beta of 1.56. 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 Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

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