Pathstone Holdings LLC Sells 9,269 Shares of The Walt Disney Company (NYSE:DIS)

Pathstone Holdings LLC reduced its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,348,560 shares of the entertainment giant's stock after selling 9,269 shares during the period. Walt Disney makes up about 0.7% of Pathstone Holdings LLC's investment portfolio, making the stock its 25th biggest position. Pathstone Holdings LLC owned approximately 0.07% of Walt Disney worth $150,183,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Salem Investment Counselors Inc. boosted its holdings in shares of Walt Disney by 6.0% in the fourth quarter. Salem Investment Counselors Inc. now owns 13,801 shares of the entertainment giant's stock valued at $1,542,000 after buying an additional 778 shares during the period. Friedenthal Financial acquired a new position in shares of Walt Disney in the fourth quarter valued at approximately $49,000. Courier Capital LLC boosted its holdings in shares of Walt Disney by 0.9% in the fourth quarter. Courier Capital LLC now owns 46,064 shares of the entertainment giant's stock valued at $5,129,000 after buying an additional 401 shares during the period. Signet Financial Management LLC boosted its holdings in shares of Walt Disney by 40.2% in the fourth quarter. Signet Financial Management LLC now owns 2,965 shares of the entertainment giant's stock valued at $330,000 after buying an additional 850 shares during the period. Finally, AdvisorNet Financial Inc boosted its holdings in shares of Walt Disney by 19.0% in the fourth quarter. AdvisorNet Financial Inc now owns 6,426 shares of the entertainment giant's stock valued at $716,000 after buying an additional 1,024 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Performance

NYSE:DIS traded up $1.04 during mid-day trading on Friday, reaching $113.26. 10,940,148 shares of the company's stock were exchanged, compared to its average volume of 10,029,360. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63. The firm has a market capitalization of $203.62 billion, a PE ratio of 36.89, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The business's fifty day simple moving average is $94.32 and its two-hundred day simple moving average is $104.54. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The firm had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same period last year, the firm earned $1.21 EPS. The business's quarterly revenue was up 7.0% compared to the same quarter last year. Analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president now directly owns 46,831 shares in the company, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.16% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on DIS. Barclays increased their target price 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. Prescient Securities reduced their target price on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Wolfe Research upgraded 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 report on Monday, April 21st. Citigroup restated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Finally, The Goldman Sachs Group increased their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average 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.