The Walt Disney Company (NYSE:DIS) Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 4.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,582,142 shares of the entertainment giant's stock after selling 71,214 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.09% of Walt Disney worth $156,157,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in DIS. Wesleyan Assurance Society grew its stake in shares of Walt Disney by 12.4% in the first quarter. Wesleyan Assurance Society now owns 217,862 shares of the entertainment giant's stock worth $21,499,000 after acquiring an additional 24,000 shares during the last quarter. Financial Sense Advisors Inc. grew its stake in shares of Walt Disney by 2.0% in the first quarter. Financial Sense Advisors Inc. now owns 6,979 shares of the entertainment giant's stock worth $689,000 after acquiring an additional 137 shares during the last quarter. Nelson Capital Management LLC grew its stake in shares of Walt Disney by 32.9% in the first quarter. Nelson Capital Management LLC now owns 31,109 shares of the entertainment giant's stock worth $3,070,000 after acquiring an additional 7,694 shares during the last quarter. Ignite Planners LLC grew its holdings in shares of Walt Disney by 19.8% during the first quarter. Ignite Planners LLC now owns 2,664 shares of the entertainment giant's stock valued at $242,000 after buying an additional 441 shares during the last quarter. Finally, Van Strum & Towne Inc. grew its holdings in shares of Walt Disney by 3.2% during the first quarter. Van Strum & Towne Inc. now owns 52,616 shares of the entertainment giant's stock valued at $5,193,000 after buying an additional 1,618 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Walt Disney

In related 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 sale, the executive vice president directly owned 46,831 shares in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.16% of the company's stock.

Walt Disney Trading Down 0.5%

NYSE DIS traded down $0.59 on Friday, reaching $121.36. 2,654,271 shares of the company were exchanged, compared to its average volume of 9,826,332. The business's fifty day moving average price is $117.81 and its 200 day moving average price is $107.30. 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 capitalization of $218.17 billion, a P/E ratio of 24.80, a price-to-earnings-growth ratio of 1.80 and a beta of 1.56. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts' expectations of $23.15 billion. During the same quarter last year, the firm earned $1.21 earnings per share. The firm's quarterly revenue was up 7.0% compared to the same quarter last year. Analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DIS shares. Guggenheim boosted their price target on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research note on Friday, June 27th. Jefferies Financial Group raised shares of Walt Disney from a "hold" rating to a "buy" rating and boosted their price objective for the company from $100.00 to $144.00 in a report on Monday, June 30th. UBS Group raised their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a report on Wednesday, July 16th. Rosenblatt Securities raised their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Finally, Morgan Stanley boosted their price target on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Five investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $128.13.

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.