Signaturefd LLC Cuts Position in The Walt Disney Company (NYSE:DIS)

Signaturefd LLC reduced its position in The Walt Disney Company (NYSE:DIS - Free Report) by 4.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 53,620 shares of the entertainment giant's stock after selling 2,762 shares during the quarter. Signaturefd LLC's holdings in Walt Disney were worth $5,292,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Gould Asset Management LLC CA increased its stake in Walt Disney by 18.3% in the 1st quarter. Gould Asset Management LLC CA now owns 2,864 shares of the entertainment giant's stock valued at $283,000 after buying an additional 444 shares during the period. Bleakley Financial Group LLC increased its stake in Walt Disney by 3.9% in the 1st quarter. Bleakley Financial Group LLC now owns 90,065 shares of the entertainment giant's stock valued at $8,889,000 after buying an additional 3,339 shares during the period. MQS Management LLC acquired a new position in Walt Disney in the 1st quarter valued at $471,000. Pointe Capital Management LLC increased its stake in Walt Disney by 25.5% in the 1st quarter. Pointe Capital Management LLC now owns 4,325 shares of the entertainment giant's stock valued at $427,000 after buying an additional 879 shares during the period. Finally, Prudent Man Advisors LLC increased its stake in Walt Disney by 6.6% in the 1st quarter. Prudent Man Advisors LLC now owns 9,306 shares of the entertainment giant's stock valued at $919,000 after buying an additional 574 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the 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 transaction, the executive vice president directly owned 46,831 shares in the company, valued at $5,190,748.04. This represents a 2.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.16% of the stock is currently owned by insiders.

Walt Disney Trading Up 2.0%

NYSE:DIS traded up $2.41 on Thursday, reaching $122.23. The stock had a trading volume of 9,930,121 shares, compared to its average volume of 9,997,598. The company has a market cap of $219.74 billion, a price-to-earnings ratio of 25.00, a P/E/G ratio of 1.75 and a beta of 1.56. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. 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 firm's fifty day moving average is $116.69 and its two-hundred day moving average is $106.94.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The company's revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.21 EPS. Equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on DIS shares. Citigroup upped their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. UBS Group upped their price target on shares of Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a research note on Wednesday. Rosenblatt Securities upped their price target on shares of Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. Guggenheim upped their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research note on Friday, June 27th. Finally, Barclays upped their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Five analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $128.13.

About Walt Disney

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.