The Walt Disney Company (NYSE:DIS) Shares Sold by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. decreased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 23.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,594,142 shares of the entertainment giant's stock after selling 481,270 shares during the quarter. Walt Disney accounts for about 1.6% of Vaughan Nelson Investment Management L.P.'s holdings, making the stock its 16th biggest holding. Vaughan Nelson Investment Management L.P. owned about 0.09% of Walt Disney worth $157,341,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mpwm Advisory Solutions LLC purchased a new position in shares of Walt Disney in the fourth quarter valued at approximately $27,000. FPC Investment Advisory Inc. purchased a new position in Walt Disney in the fourth quarter worth approximately $28,000. Tacita Capital Inc lifted its stake in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after acquiring an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in Walt Disney in the fourth quarter worth approximately $32,000. Finally, Midwest Capital Advisors LLC purchased a new position in Walt Disney in the fourth quarter worth approximately $34,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Insider Transactions at Walt Disney

In other 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 transaction of $110,840.00. Following the transaction, the executive vice president now directly owns 46,831 shares in the company, valued at $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.16% of the company's stock.

Walt Disney Stock Performance

Shares of Walt Disney stock traded down $0.76 during trading on Friday, reaching $117.85. The company's stock had a trading volume of 13,143,189 shares, compared to its average volume of 10,094,029. The company has a 50-day moving average price of $101.58 and a two-hundred day moving average price of $105.85. The firm has a market cap of $211.86 billion, a PE ratio of 38.39, a P/E/G ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $120.50. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS - Get Free Report) last announced its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating analysts' consensus estimates of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company'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. On average, analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on DIS shares. Loop Capital lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Rosenblatt Securities lifted 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. UBS Group lifted their price target on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. 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, May 8th. Finally, Barclays raised their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Six equities research 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's stock. According to MarketBeat, Walt Disney presently has an average rating of "Moderate Buy" and an average price target of $123.96.

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.