Private Wealth Partners LLC Decreases Stock Holdings in The Walt Disney Company (NYSE:DIS)

Private Wealth Partners LLC lessened its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 15.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,333 shares of the entertainment giant's stock after selling 15,983 shares during the period. Private Wealth Partners LLC's holdings in Walt Disney were worth $8,718,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DIS. Onefund LLC lifted its position in shares of Walt Disney by 2.0% during the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock worth $541,000 after purchasing an additional 93 shares during the last quarter. Boston Financial Mangement LLC lifted its position in shares of Walt Disney by 1.5% during the 4th quarter. Boston Financial Mangement LLC now owns 6,287 shares of the entertainment giant's stock worth $700,000 after purchasing an additional 94 shares during the last quarter. GPM Growth Investors Inc. lifted its position in shares of Walt Disney by 4.3% during 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. WealthCare Investment Partners LLC lifted its position in shares of Walt Disney by 4.1% during the 4th quarter. WealthCare Investment Partners LLC now owns 2,460 shares of the entertainment giant's stock worth $273,000 after purchasing an additional 97 shares during the last quarter. Finally, Waterloo Capital L.P. lifted its position in shares of Walt Disney by 3.2% during the 4th quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant's stock worth $349,000 after purchasing an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

DIS has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research report on Thursday, May 8th. UBS Group lifted their price objective on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Guggenheim reduced their price target on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Barclays boosted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Finally, Morgan Stanley boosted their price target on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $123.96.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the sale, the executive vice president now owns 46,831 shares of the company's stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.16% of the company's stock.

Walt Disney Stock Performance

Shares of Walt Disney stock traded down $0.25 on Friday, reaching $117.61. 17,150,479 shares of the stock were exchanged, compared to its average volume of 10,129,150. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $120.50. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34. The business has a fifty day moving average price of $104.69 and a two-hundred day moving average price of $105.88. The firm has a market capitalization of $211.44 billion, a PE ratio of 24.05, a PEG ratio of 1.73 and a beta of 1.54.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results 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 for the quarter, compared to analyst estimates of $23.15 billion. During the same period in the previous year, the business posted $1.21 earnings per share. The business's revenue was up 7.0% compared to the same quarter last year. As a group, research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.