Sava Infond d.o.o. Decreases Stake in The Walt Disney Company (NYSE:DIS)

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

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC acquired a new stake in shares of Walt Disney in the 4th quarter worth $27,000. Tacita Capital Inc increased its stake in shares of Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after acquiring an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the 4th quarter worth $32,000. Midwest Capital Advisors LLC acquired a new stake in shares of Walt Disney in the 4th quarter worth $34,000. Finally, Copia Wealth Management acquired a new stake in shares of Walt Disney in the 4th quarter worth $36,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the business's 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 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. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.16% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on DIS shares. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a research note on Monday, April 21st. Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research note on Thursday, May 8th. Guggenheim cut their price objective 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. Barclays raised their price objective on Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Finally, Rosenblatt Securities raised their price objective on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, June 3rd. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $123.96.

Walt Disney Stock Performance

NYSE DIS opened at $117.76 on Tuesday. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $120.50. The company has a market cap of $211.70 billion, a P/E ratio of 24.08, a P/E/G ratio of 1.72 and a beta of 1.54. 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 stock has a 50-day moving average of $105.35 and a two-hundred day moving average of $105.74.

Walt Disney (NYSE:DIS - Get Free Report) last announced 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 return on equity of 9.99% and a net margin of 9.47%. 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 earnings per share. The business's revenue for the quarter was up 7.0% on a year-over-year basis. As a group, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current 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.

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