Windward Capital Management Co. CA Trims Holdings in The Walt Disney Company $DIS

Key Points

• Windward Capital Management Co. CA trimmed its stake in The Walt Disney Company by 3.9%, selling 6,275 shares and leaving 154,675 shares worth $17.597 million (about 1.4% of the fund and its 23rd largest holding).
• Disney beat quarterly estimates, reporting $1.63 EPS versus $1.57 expected and revenue of $25.98 billion, up 5.2% year-over-year.
• Analysts show a generally positive stance with a consensus rating of "Moderate Buy" (17 Buys, 5 Holds, 1 Sell) and a consensus price target of $133.53.

Windward Capital Management Co. CA lowered its position in The Walt Disney Company (NYSE:DIS - Free Report) by 3.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 154,675 shares of the entertainment giant's stock after selling 6,275 shares during the period. Walt Disney makes up approximately 1.4% of Windward Capital Management Co. CA's investment portfolio, making the stock its 23rd largest holding. Windward Capital Management Co. CA's holdings in Walt Disney were worth $17,597,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of DIS. Brighton Jones LLC grew its position in Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock worth $2,980,000 after purchasing an additional 1,904 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Walt Disney by 31.9% in the second quarter. Sivia Capital Partners LLC now owns 5,470 shares of the entertainment giant's stock worth $678,000 after buying an additional 1,322 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings in Walt Disney by 16.2% during the second quarter. Schnieders Capital Management LLC. now owns 17,955 shares of the entertainment giant's stock worth $2,227,000 after acquiring an additional 2,503 shares during the period. Main Street Financial Solutions LLC raised its position in Walt Disney by 28.6% during the second quarter. Main Street Financial Solutions LLC now owns 8,330 shares of the entertainment giant's stock valued at $1,033,000 after acquiring an additional 1,855 shares in the last quarter. Finally, Ieq Capital LLC lifted its holdings in Walt Disney by 10.8% in the second quarter. Ieq Capital LLC now owns 115,759 shares of the entertainment giant's stock valued at $14,355,000 after acquiring an additional 11,304 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on DIS shares. UBS Group reaffirmed a "mixed" rating on shares of Walt Disney in a research note on Monday, February 2nd. Weiss Ratings downgraded shares of Walt Disney from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, February 3rd. Guggenheim cut their price objective on shares of Walt Disney from $140.00 to $115.00 and set a "buy" rating for the company in a report on Wednesday, March 18th. Needham & Company LLC reissued a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research note on Tuesday, March 31st. Finally, The Goldman Sachs Group restated a "buy" rating and set a $151.00 target price on shares of Walt Disney in a research report on Monday, February 2nd. Seventeen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $133.53.

Walt Disney Stock Down 1.1%

DIS stock opened at $103.70 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.31. The firm has a 50-day moving average of $101.21 and a two-hundred day moving average of $107.10. The Walt Disney Company has a 12 month low of $86.77 and a 12 month high of $124.69. The company has a market cap of $183.71 billion, a price-to-earnings ratio of 15.25, a PEG ratio of 1.47 and a beta of 1.44.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.06. The business had revenue of $25.98 billion for the quarter, compared to analysts' expectations of $25.54 billion. Walt Disney had a return on equity of 8.90% and a net margin of 12.80%.The business's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.40 EPS. As a group, analysts forecast that The Walt Disney Company will post 6.61 earnings per share for the current fiscal year.

Walt Disney Company Profile

The Walt Disney Company NYSE: DIS, commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney's operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.