Wintrust Investments LLC Trims Stake in The Walt Disney Company (NYSE:DIS)

Wintrust Investments LLC lowered its holdings in The Walt Disney Company (NYSE:DIS) by 65.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 270 shares of the entertainment giant’s stock after selling 505 shares during the quarter. Wintrust Investments LLC’s holdings in Walt Disney were worth $30,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its position in Walt Disney by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 10,411,205 shares of the entertainment giant’s stock valued at $1,001,454,000 after purchasing an additional 114,701 shares during the period. Brookstone Capital Management grew its stake in shares of Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock valued at $15,687,000 after buying 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 valued at $9,486,000 after buying an additional 9,967 shares in the last quarter. Avanza Fonder AB acquired a new stake in shares of Walt Disney in the fourth quarter valued at $15,125,000. Finally, Swedbank AB grew its stake in shares of Walt Disney by 14.4% in the fourth quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant’s stock valued at $374,336,000 after buying an additional 422,339 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 1.9 %

NYSE:DIS opened at $98.73 on Friday. The stock has a 50-day simple moving average of $109.10 and a 200-day simple moving average of $104.27. The stock has a market cap of $178.48 billion, a P/E ratio of 32.16, a P/E/G ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. 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 released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DIS. Evercore ISI lifted their price objective on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Prescient Securities dropped their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Sanford C. Bernstein lifted their price objective on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, November 15th. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Finally, Wells Fargo & Company lifted their price objective on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $125.64.

Walt Disney 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.