USS Investment Management Ltd Sells 5,770 Shares of The Walt Disney Company (NYSE:DIS)

USS Investment Management Ltd decreased its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 291,648 shares of the entertainment giant's stock after selling 5,770 shares during the quarter. USS Investment Management Ltd's holdings in Walt Disney were worth $32,494,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. FPC Investment Advisory Inc. bought a new stake in Walt Disney during the 4th quarter worth about $28,000. Tacita Capital Inc grew its stake in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the fourth quarter valued at approximately $32,000. Midwest Capital Advisors LLC bought a new position in Walt Disney in the 4th quarter worth approximately $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in Walt Disney during the 4th quarter worth $35,000. Institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DIS shares. Citigroup restated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. Guggenheim dropped their target price 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. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a research report on Monday, April 21st. The Goldman Sachs Group boosted their target price on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Finally, Morgan Stanley boosted their target price on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $123.54.

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the sale, the executive vice president now owns 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.16% of the stock is currently owned by company insiders.

Walt Disney Stock Performance

NYSE:DIS traded up $0.62 on Thursday, hitting $111.08. The company's stock had a trading volume of 7,899,241 shares, compared to its average volume of 10,037,963. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock has a fifty day moving average of $95.44 and a two-hundred day moving average of $105.05. The firm has a market capitalization of $199.69 billion, a P/E ratio of 36.18, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.24. The business had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The firm's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.21 EPS. Research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney 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.