The Walt Disney Company (NYSE:DIS) Shares Sold by PGGM Investments

PGGM Investments lessened its position in shares of The Walt Disney Company (NYSE:DIS) by 39.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,460 shares of the entertainment giant’s stock after selling 20,206 shares during the quarter. PGGM Investments’ holdings in Walt Disney were worth $3,503,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. acquired a new stake in shares of Walt Disney during the 4th quarter valued at about $28,000. Tacita Capital Inc boosted its position in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Midwest Capital Advisors LLC acquired a new stake in Walt Disney in the fourth quarter valued at approximately $34,000. Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney in the fourth quarter valued at approximately $35,000. Finally, Vision Financial Markets LLC acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $39,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

DIS stock opened at $96.76 on Friday. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The business has a fifty day moving average of $109.35 and a two-hundred day moving average of $104.30. The stock has a market cap of $174.91 billion, a price-to-earnings ratio of 31.52, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (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, research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Ratings Changes

DIS has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Wells Fargo & Company lifted their target price on shares of Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Macquarie reiterated a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Finally, The Goldman Sachs Group raised their target price on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Six analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus price target 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.