The Walt Disney Company (NYSE:DIS) Position Trimmed by Bulltick Wealth Management LLC

Bulltick Wealth Management LLC trimmed its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 18.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 88,045 shares of the entertainment giant's stock after selling 20,388 shares during the quarter. Walt Disney accounts for 2.3% of Bulltick Wealth Management LLC's investment portfolio, making the stock its 8th largest holding. Bulltick Wealth Management LLC's holdings in Walt Disney were worth $9,848,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in DIS. Captrust Financial Advisors boosted its holdings in Walt Disney by 5.3% during the fourth quarter. Captrust Financial Advisors now owns 245,967 shares of the entertainment giant's stock worth $27,388,000 after purchasing an additional 12,277 shares during the last quarter. Cary Street Partners Financial LLC purchased a new position in Walt Disney in the fourth quarter valued at about $11,050,000. Castlekeep Investment Advisors LLC purchased a new stake in shares of Walt Disney during the 4th quarter worth approximately $156,142,000. Caxton Associates LP bought a new stake in shares of Walt Disney in the 4th quarter worth approximately $1,081,000. Finally, Chapman Financial Group LLC bought a new position in Walt Disney during the fourth quarter valued at $758,000. 65.71% of the stock is owned by institutional investors.

Walt Disney Trading Up 0.1 %

Shares of NYSE:DIS traded up $0.09 during trading on Tuesday, reaching $92.20. 11,789,668 shares of the company traded hands, compared to its average volume of 10,106,690. The business's fifty day moving average is $94.31 and its 200-day moving average is $104.06. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $166.68 billion, a price-to-earnings ratio of 30.03, a P/E/G ratio of 1.80 and a beta of 1.49.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. As a group, analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on DIS. Rosenblatt Securities reissued a "buy" rating and set a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. Loop Capital upped their price target on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. UBS Group cut their price objective on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Morgan Stanley increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Finally, Citigroup restated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus price target of $123.75.

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.