The Walt Disney Company (NYSE:DIS) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lessened its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 4.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,237,133 shares of the entertainment giant's stock after selling 107,937 shares during the quarter. Natixis Advisors LLC owned approximately 0.12% of Walt Disney worth $220,805,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Walt Disney during the first quarter worth about $26,000. Mpwm Advisory Solutions LLC purchased a new position in shares of Walt Disney during the fourth quarter worth about $27,000. Kessler Investment Group LLC grew its holdings in shares of Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Walt Disney during the fourth quarter worth about $32,000. Finally, Copia Wealth Management purchased a new position in shares of Walt Disney during the fourth quarter worth about $36,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Guggenheim raised their price objective on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a report on Friday, June 27th. Barclays lifted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a research report on Wednesday, July 9th. Loop Capital lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. UBS Group lifted their price objective on Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Finally, JPMorgan Chase & Co. lifted their price objective on Walt Disney from $130.00 to $138.00 and gave the stock an "overweight" rating in a research report on Tuesday. Five equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $128.70.

Walt Disney Stock Down 2.1%

Walt Disney stock traded down $2.54 during trading on Friday, reaching $116.57. 8,509,376 shares of the company's stock were exchanged, compared to its average volume of 9,738,922. The company's 50-day moving average is $118.62 and its two-hundred day moving average is $107.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The firm has a market cap of $209.56 billion, a price-to-earnings ratio of 23.84, a PEG ratio of 1.75 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 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 firm had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same quarter in the previous year, the business posted $1.21 EPS. The firm's revenue was up 7.0% compared to the same quarter last year. On average, analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Insider Buying and Selling

In other 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 sale, the executive vice president owned 46,831 shares in the company, 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 can be accessed through this hyperlink. 0.16% of the stock is owned by corporate insiders.

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.