Wilkinson Global Asset Management LLC Decreases Stake in The Walt Disney Company (NYSE:DIS)

Wilkinson Global Asset Management LLC lowered its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 1.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 493,059 shares of the entertainment giant's stock after selling 7,312 shares during the quarter. Walt Disney makes up approximately 3.0% of Wilkinson Global Asset Management LLC's holdings, making the stock its 16th biggest holding. Wilkinson Global Asset Management LLC's holdings in Walt Disney were worth $48,665,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Smith Thornton Advisors LLC boosted its stake in Walt Disney by 2.7% during the 1st quarter. Smith Thornton Advisors LLC now owns 9,390 shares of the entertainment giant's stock worth $927,000 after acquiring an additional 249 shares during the last quarter. CWM LLC raised its holdings in shares of Walt Disney by 4.5% in the first quarter. CWM LLC now owns 164,639 shares of the entertainment giant's stock valued at $16,250,000 after purchasing an additional 7,084 shares during the last quarter. TFR Capital LLC. acquired a new position in Walt Disney during the first quarter worth $296,000. Hughes Financial Services LLC acquired a new position in Walt Disney during the first quarter worth $72,000. Finally, Pittenger & Anderson Inc. increased its holdings in Walt Disney by 10,954.0% during the first quarter. Pittenger & Anderson Inc. now owns 66,103 shares of the entertainment giant's stock worth $6,524,000 after buying an additional 65,505 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Trading Up 0.3%

NYSE:DIS traded up $0.41 during midday trading on Monday, hitting $120.28. 1,720,587 shares of the company traded hands, compared to its average volume of 9,989,054. The firm's fifty day moving average is $114.90 and its 200-day moving average is $106.62. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The firm has a market capitalization of $216.23 billion, a P/E ratio of 24.61, a P/E/G ratio of 1.75 and a beta of 1.56. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. The company had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. Walt Disney's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.21 EPS. On average, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

DIS has been the subject of a number of research analyst reports. Jefferies Financial Group raised shares of Walt Disney from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $100.00 to $144.00 in a research report on Monday, June 30th. UBS Group boosted their target price on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Loop Capital boosted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th. Wall Street Zen raised shares of Walt Disney from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Finally, Wolfe Research raised shares of 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. Five equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Walt Disney presently has an average rating of "Moderate Buy" and an average price target of $127.35.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was 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 owned 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is currently owned by insiders.

About Walt Disney

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.