Logan Capital Management Inc. Sells 5,151 Shares of The Walt Disney Company (NYSE:DIS)

Logan Capital Management Inc. lowered its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 10.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,195 shares of the entertainment giant's stock after selling 5,151 shares during the quarter. Logan Capital Management Inc.'s holdings in Walt Disney were worth $5,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of DIS. FPC Investment Advisory Inc. purchased a new stake in Walt Disney in the fourth quarter worth approximately $28,000. Tacita Capital Inc grew its holdings in shares of 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 period. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Walt Disney in the fourth quarter worth $32,000. Midwest Capital Advisors LLC purchased a new stake in Walt Disney during the fourth quarter valued at $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new position in Walt Disney in the fourth quarter worth about $35,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Up 0.8%

Shares of NYSE DIS opened at $105.93 on Monday. The stock has a market capitalization of $191.50 billion, a P/E ratio of 34.50, a PEG ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The business's 50 day moving average is $93.86 and its two-hundred day moving average is $104.22. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same period in the prior year, the company posted $1.21 EPS. The firm's revenue for the quarter was up 7.0% on a year-over-year basis. As a group, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on DIS shares. UBS Group upped their price target on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday. Rosenblatt Securities reaffirmed a "buy" rating and set a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. Needham & Company LLC reiterated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Thursday. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective for the company in a research report on Monday, April 21st. Finally, Morgan Stanley upped their price objective on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday. Six investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Walt Disney presently has an average rating of "Moderate Buy" and a consensus price target of $123.54.

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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