Unisphere Establishment Sells 1,205,000 Shares of The Walt Disney Company (NYSE:DIS)

Unisphere Establishment decreased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 51.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,145,000 shares of the entertainment giant's stock after selling 1,205,000 shares during the period. Walt Disney comprises about 1.1% of Unisphere Establishment's portfolio, making the stock its 25th largest holding. Unisphere Establishment owned approximately 0.06% of Walt Disney worth $127,496,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of DIS. Trek Financial LLC boosted its position in shares of Walt Disney by 479.9% during the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock worth $4,044,000 after buying an additional 30,057 shares during the period. Brookstone Capital Management raised its stake in Walt Disney by 10.5% during the 4th quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock valued at $15,687,000 after acquiring an additional 13,339 shares in the last quarter. Greystone Financial Group LLC grew its stake in shares of Walt Disney by 13.3% in the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock worth $9,486,000 after purchasing an additional 9,967 shares in the last quarter. Avanza Fonder AB acquired a new position in shares of Walt Disney during the fourth quarter valued at $15,125,000. Finally, FourThought Financial Partners LLC bought a new stake in shares of Walt Disney during the fourth quarter valued at about $446,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Up 1.9 %

Shares of NYSE DIS traded up $1.71 during mid-day trading on Friday, reaching $92.52. The company had a trading volume of 7,591,072 shares, compared to its average volume of 10,124,078. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company has a market capitalization of $167.26 billion, a price-to-earnings ratio of 30.14, a PEG ratio of 1.80 and a beta of 1.49. The stock has a fifty day moving average of $95.08 and a two-hundred day moving average of $104.07. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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, equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on DIS. 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 research report on Monday, April 21st. Citigroup reiterated a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Needham & Company LLC reissued a "buy" rating and set a $125.00 target price on shares of Walt Disney in a report on Tuesday, April 22nd. Barclays decreased their price target on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, Loop Capital boosted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $123.75.

Walt Disney Company 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.