The Walt Disney Company (NYSE:DIS) Shares Sold by Sand Hill Global Advisors LLC

Sand Hill Global Advisors LLC reduced its stake in The Walt Disney Company (NYSE:DIS) by 7.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 64,208 shares of the entertainment giant’s stock after selling 5,392 shares during the quarter. Sand Hill Global Advisors LLC’s holdings in Walt Disney were worth $7,150,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in DIS. United Bank increased its position in shares of Walt Disney by 6.2% during the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after purchasing an additional 712 shares during the period. Morse Asset Management Inc grew its holdings in Walt Disney by 17.5% during the third quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant’s stock worth $2,055,000 after acquiring an additional 3,185 shares during the period. Orion Portfolio Solutions LLC raised its position in Walt Disney by 1.9% in the third quarter. Orion Portfolio Solutions LLC now owns 77,288 shares of the entertainment giant’s stock worth $7,434,000 after acquiring an additional 1,456 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its holdings in Walt Disney by 2.9% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 5,301 shares of the entertainment giant’s stock valued at $510,000 after acquiring an additional 151 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its position in shares of Walt Disney by 3.6% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 660,647 shares of the entertainment giant’s stock valued at $63,548,000 after purchasing an additional 22,810 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Trading Down 0.4 %

Shares of Walt Disney stock opened at $83.23 on Tuesday. 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 company’s fifty day moving average price is $105.08 and its two-hundred day moving average price is $105.21. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63. The firm has a market capitalization of $150.46 billion, a PE ratio of 27.11, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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, analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

Several research analysts have issued reports on DIS shares. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Morgan Stanley lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Macquarie reiterated a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Loop Capital increased 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. Finally, The Goldman Sachs Group lifted their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $125.33.

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.