Van Hulzen Asset Management LLC Reduces Stock Holdings in The Walt Disney Company $DIS

Key Points

• Van Hulzen Asset Management LLC reduced its stake in The Walt Disney Company by 25.6%, selling 32,166 shares and now holding 93,510 shares valued at approximately $9.23 million.
• Walt Disney's stock price was down 0.7% and its current P/E ratio stands at 18.22, with a market cap of $208.98 billion.
• In the latest earnings report, Walt Disney posted $1.61 earnings per share and $23.65 billion in revenue, slightly missing revenue expectations but exceeding EPS estimates.

Van Hulzen Asset Management LLC lowered its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 25.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 93,510 shares of the entertainment giant's stock after selling 32,166 shares during the quarter. Van Hulzen Asset Management LLC's holdings in Walt Disney were worth $9,229,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC grew its stake in shares of Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock valued at $2,980,000 after purchasing an additional 1,904 shares during the period. First Trust Advisors LP raised its position in shares of Walt Disney by 349.6% during the fourth quarter. First Trust Advisors LP now owns 366,221 shares of the entertainment giant's stock valued at $40,779,000 after buying an additional 284,761 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Walt Disney by 1.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,136,276 shares of the entertainment giant's stock worth $1,240,025,000 after buying an additional 192,871 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Walt Disney by 49.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 52,500 shares of the entertainment giant's stock worth $5,846,000 after buying an additional 17,349 shares in the last quarter. Finally, Syon Capital LLC lifted its holdings in shares of Walt Disney by 38.2% in the fourth quarter. Syon Capital LLC now owns 8,586 shares of the entertainment giant's stock worth $956,000 after buying an additional 2,373 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Down 0.7%

Shares of DIS opened at $116.2350 on Friday. The firm has a market cap of $208.98 billion, a P/E ratio of 18.22, a PEG ratio of 1.69 and a beta of 1.56. The stock's 50 day moving average is $119.20 and its two-hundred day moving average is $108.21. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

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

Analyst Ratings Changes

DIS has been the topic of several research analyst reports. Rosenblatt Securities upped their price objective on Walt Disney from $140.00 to $141.00 and gave the company a "buy" rating in a research report on Monday, August 11th. Barclays upped their target price on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Keefe, Bruyette & Woods restated a "market perform" rating on shares of Walt Disney in a research note on Monday, August 11th. Chardan Capital restated a "buy" rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research note on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $131.18.

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.

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