Vontobel Holding Ltd. Decreases Stock Position in The Walt Disney Company (NYSE:DIS)

Vontobel Holding Ltd. lowered its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 13.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 282,333 shares of the entertainment giant's stock after selling 45,758 shares during the period. Vontobel Holding Ltd.'s holdings in Walt Disney were worth $27,866,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. JNBA Financial Advisors raised its stake in Walt Disney by 3.0% during the 1st quarter. JNBA Financial Advisors now owns 15,451 shares of the entertainment giant's stock valued at $1,525,000 after buying an additional 450 shares during the last quarter. Mather Group LLC. grew its holdings in shares of Walt Disney by 18.6% in the first quarter. Mather Group LLC. now owns 13,042 shares of the entertainment giant's stock worth $1,287,000 after acquiring an additional 2,048 shares during the period. Alta Advisers Ltd grew its holdings in shares of Walt Disney by 56.5% in the first quarter. Alta Advisers Ltd now owns 9,419 shares of the entertainment giant's stock worth $930,000 after acquiring an additional 3,400 shares during the period. Lodestar Private Asset Management LLC increased its position in Walt Disney by 5.0% during the first quarter. Lodestar Private Asset Management LLC now owns 3,186 shares of the entertainment giant's stock valued at $314,000 after acquiring an additional 151 shares during the last quarter. Finally, Hixon Zuercher LLC lifted its holdings in Walt Disney by 3.6% in the first quarter. Hixon Zuercher LLC now owns 23,969 shares of the entertainment giant's stock valued at $2,366,000 after acquiring an additional 833 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

DIS has been the topic of several research reports. Guggenheim raised their target price on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, June 27th. UBS Group raised their price objective on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Rosenblatt Securities boosted their target price on shares of Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a research report on Tuesday, June 3rd. Jefferies Financial Group upgraded shares of Walt Disney from a "hold" rating to a "buy" rating and increased their price target for the stock from $100.00 to $144.00 in a research report on Monday, June 30th. Finally, Morgan Stanley lifted their price target on shares of Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Five investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given 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 an average price target of $125.83.

Insider Buying and Selling

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

Walt Disney Price Performance

DIS stock traded up $1.00 during midday trading on Friday, hitting $123.98. The company's stock had a trading volume of 4,252,305 shares, compared to its average volume of 10,043,772. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The company has a 50 day moving average of $111.87 and a two-hundred day moving average of $106.34. The firm has a market capitalization of $222.88 billion, a price-to-earnings ratio of 25.35, a price-to-earnings-growth ratio of 1.81 and a beta of 1.56.

Walt Disney (NYSE:DIS - Get Free Report) last released its 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 the consensus estimate of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The company's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.21 earnings per share. On average, analysts expect that The Walt Disney Company will post 5.47 EPS 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.