B. Metzler seel. Sohn & Co. AG Trims Position in The Walt Disney Company (NYSE:DIS)

B. Metzler seel. Sohn & Co. AG cut its stake in shares of The Walt Disney Company (NYSE:DIS) by 21.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 115,215 shares of the entertainment giant’s stock after selling 31,158 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Walt Disney were worth $12,814,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of DIS. FPC Investment Advisory Inc. bought a new stake in Walt Disney during the 4th quarter worth approximately $28,000. Tacita Capital Inc grew 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 purchasing an additional 124 shares in the last quarter. Midwest Capital Advisors LLC bought a new position in shares of Walt Disney in the fourth quarter worth $34,000. Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney in the fourth quarter worth $35,000. Finally, Vision Financial Markets LLC purchased a new stake in shares of Walt Disney in the fourth quarter worth $39,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Price Performance

DIS opened at $98.02 on Monday. The stock’s 50 day moving average price is $107.31 and its 200-day moving average price is $105.19. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.69. The stock 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 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) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping 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%. On average, equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Morgan Stanley upped their target price on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Loop Capital increased their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. Finally, Jefferies Financial Group initiated coverage on Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target on the stock. Six research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.64.

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.