Silvercrest Asset Management Group LLC Has $13.28 Million Holdings in The Walt Disney Company (NYSE:DIS)

Silvercrest Asset Management Group LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 119,279 shares of the entertainment giant's stock after selling 8,178 shares during the quarter. Silvercrest Asset Management Group LLC's holdings in Walt Disney were worth $13,282,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Rafferty Asset Management LLC boosted its position in shares of Walt Disney by 12.1% during the 4th quarter. Rafferty Asset Management LLC now owns 160,010 shares of the entertainment giant's stock valued at $17,817,000 after acquiring an additional 17,218 shares in the last quarter. Raiffeisen Bank International AG acquired a new stake in Walt Disney during the fourth quarter valued at approximately $61,387,000. Redwood Investment Management LLC bought a new stake in shares of Walt Disney in the 4th quarter worth about $1,551,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Walt Disney during the fourth quarter worth approximately $2,517,000. Finally, Point72 Europe London LLP bought a new position in shares of Walt Disney in the fourth quarter valued at approximately $2,439,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. UBS Group increased their price target on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Prescient Securities lowered their target price on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. The Goldman Sachs Group lifted their price target on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective for the company in a research report on Monday, April 21st. Finally, Loop Capital boosted their target price on shares of Walt Disney from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $123.54.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction on Tuesday, May 13th. The shares were 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 $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.16% of the company's stock.

Walt Disney Stock Down 0.3%

Shares of NYSE DIS traded down $0.36 during midday trading on Tuesday, reaching $112.30. The company's stock had a trading volume of 6,429,428 shares, compared to its average volume of 10,023,839. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The stock has a 50 day simple moving average of $94.90 and a 200-day simple moving average of $104.90. The stock has a market capitalization of $201.89 billion, a price-to-earnings ratio of 36.58, a PEG ratio of 1.80 and a beta of 1.49. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

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, topping the consensus estimate of $1.21 by $0.24. The firm had revenue of $23.62 billion for the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company's revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.21 EPS. Equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share 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.