Terril Brothers Inc. Lowers Position in The Walt Disney Company (NYSE:DIS)

Key Points

• Terril Brothers Inc. has reduced its stake in The Walt Disney Company by 2.4%, maintaining a 6th largest position with a total of 129,310 shares valued at approximately $12.76 million.
• Walt Disney's stock received favorable ratings from various analysts, with price targets ranging from $112.00 to $140.00, reflecting a consensus rating of "Moderate Buy."
• The company reported quarterly earnings of $1.61 EPS, exceeding expectations of $1.45, and achieving a revenue of $23.65 billion, demonstrating a 2.1% increase from the previous year.

Terril Brothers Inc. cut its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 2.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 129,310 shares of the entertainment giant's stock after selling 3,133 shares during the quarter. Walt Disney accounts for 5.8% of Terril Brothers Inc.'s holdings, making the stock its 6th largest position. Terril Brothers Inc.'s holdings in Walt Disney were worth $12,763,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. bought a new position in Walt Disney in the 1st quarter valued at approximately $26,000. Mpwm Advisory Solutions LLC bought a new position in shares of Walt Disney in the 4th quarter valued at $27,000. Kessler Investment Group LLC lifted its stake in shares of Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock valued at $27,000 after acquiring an additional 200 shares during the last quarter. Copia Wealth Management acquired a new stake in shares of Walt Disney during the 4th quarter valued at $36,000. Finally, Vermillion Wealth Management Inc. bought a new stake in Walt Disney during the 4th quarter worth $39,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Down 0.3%

NYSE DIS traded down $0.30 on Thursday, hitting $116.34. 6,608,224 shares of the company were exchanged, compared to its average volume of 9,837,874. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The company has a market cap of $209.17 billion, a PE ratio of 18.24, a PEG ratio of 1.64 and a beta of 1.56. The stock has a fifty day moving average of $119.22 and a 200-day moving average of $108.08. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%. The business had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the previous year, the business earned $1.39 EPS. The company's quarterly revenue was up 2.1% on a year-over-year basis. As a group, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Keefe, Bruyette & Woods reissued a "market perform" rating on shares of Walt Disney in a research note on Monday. Rosenblatt Securities lifted their target price on shares of Walt Disney from $140.00 to $141.00 and gave the stock a "buy" rating in a research report on Monday. Guggenheim upped their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research report on Friday, June 27th. Evercore ISI lifted their price target on shares of Walt Disney from $134.00 to $140.00 and gave the stock an "outperform" rating in a report on Monday, August 4th. Finally, Morgan Stanley boosted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Eight equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $131.18.

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.