The Walt Disney Company (NYSE:DIS) Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC cut its stake in The Walt Disney Company (NYSE:DIS) by 3.8% in the fourth quarter, Holdings Channel reports. The fund owned 41,499 shares of the entertainment giant’s stock after selling 1,656 shares during the period. Level Four Advisory Services LLC’s holdings in Walt Disney were worth $4,621,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. FPC Investment Advisory Inc. purchased a new position in Walt Disney during the fourth quarter worth about $28,000. Tacita Capital Inc raised its position in shares of Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares during the period. Midwest Capital Advisors LLC acquired a new position in Walt Disney in the fourth quarter valued at approximately $34,000. Bay Harbor Wealth Management LLC acquired a new stake in Walt Disney during the fourth quarter worth $35,000. Finally, Vision Financial Markets LLC purchased a new stake in Walt Disney in the fourth quarter valued at $39,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

DIS has been the subject of a number of recent analyst reports. Morgan Stanley raised their price objective on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Loop Capital lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, March 4th. The Goldman Sachs Group upped their price objective 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. Macquarie reiterated a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Finally, Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and raised their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Stock Performance

NYSE:DIS opened at $98.02 on Friday. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.69. 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 firm has a market capitalization of $177.19 billion, a PE ratio of 31.93, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The business’s fifty day moving average price is $107.31 and its 200 day moving average price is $104.96.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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.