Sava Infond d.o.o. Sells 6,500 Shares of The Walt Disney Company (NYSE:DIS)

Sava Infond d.o.o. lessened its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 26.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,875 shares of the entertainment giant's stock after selling 6,500 shares during the quarter. Sava Infond d.o.o.'s holdings in Walt Disney were worth $1,764,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of DIS. Onefund LLC boosted its holdings in Walt Disney by 2.0% in the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock worth $541,000 after acquiring an additional 93 shares in the last quarter. GPM Growth Investors Inc. boosted its holdings in Walt Disney by 4.3% in the fourth quarter. GPM Growth Investors Inc. now owns 2,342 shares of the entertainment giant's stock worth $261,000 after acquiring an additional 96 shares in the last quarter. Waterloo Capital L.P. boosted its holdings in Walt Disney by 3.2% in the fourth quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant's stock worth $349,000 after acquiring an additional 97 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in Walt Disney by 0.4% in the fourth quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant's stock worth $2,523,000 after acquiring an additional 98 shares in the last quarter. Finally, Acorns Advisers LLC boosted its holdings in Walt Disney by 2.6% in the fourth quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant's stock worth $426,000 after acquiring an additional 98 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president now directly owns 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.16% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on DIS. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target on the stock in a report on Monday, April 21st. Loop Capital increased their price target on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, June 10th. Morgan Stanley increased their price objective on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Rosenblatt Securities increased their price objective on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. Finally, Needham & Company LLC reissued a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $124.79.

Walt Disney Stock Performance

Shares of DIS traded up $0.93 on Friday, reaching $122.39. 13,368,267 shares of the company's stock traded hands, compared to its average volume of 10,117,870. 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 stock has a market cap of $220.02 billion, a PE ratio of 25.03, a PEG ratio of 1.78 and a beta of 1.54. The stock's 50 day simple moving average is $108.25 and its two-hundred day simple moving average is $106.02. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $122.94.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating 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 posted $1.21 earnings per share. Walt Disney's revenue was up 7.0% on a year-over-year basis. On average, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.