Walt Disney Co (NYSE:DIS) Stake Lowered by Barber Financial Group Inc.

Barber Financial Group Inc. reduced its stake in shares of Walt Disney Co (NYSE:DIS) by 12.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,692 shares of the entertainment giant’s stock after selling 507 shares during the period. Barber Financial Group Inc.’s holdings in Walt Disney were worth $482,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Neville Rodie & Shaw Inc. boosted its holdings in Walt Disney by 3.6% in the second quarter. Neville Rodie & Shaw Inc. now owns 105,566 shares of the entertainment giant’s stock worth $14,741,000 after purchasing an additional 3,669 shares in the last quarter. Bath Savings Trust Co boosted its holdings in Walt Disney by 1.7% in the second quarter. Bath Savings Trust Co now owns 85,792 shares of the entertainment giant’s stock worth $11,980,000 after purchasing an additional 1,456 shares in the last quarter. Thomasville National Bank boosted its holdings in Walt Disney by 1.4% in the second quarter. Thomasville National Bank now owns 162,075 shares of the entertainment giant’s stock worth $22,632,000 after purchasing an additional 2,276 shares in the last quarter. Private Trust Co. NA boosted its holdings in Walt Disney by 3.6% in the second quarter. Private Trust Co. NA now owns 22,398 shares of the entertainment giant’s stock worth $3,127,000 after purchasing an additional 783 shares in the last quarter. Finally, Baystate Wealth Management LLC boosted its holdings in Walt Disney by 2.7% in the second quarter. Baystate Wealth Management LLC now owns 5,414 shares of the entertainment giant’s stock worth $767,000 after purchasing an additional 142 shares in the last quarter. Institutional investors and hedge funds own 68.42% of the company’s stock.

DIS has been the subject of a number of recent research reports. Wells Fargo & Co decreased their price objective on shares of Walt Disney from $173.00 to $167.00 and set an “outperform” rating for the company in a report on Friday. Moffett Nathanson set a $150.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a report on Wednesday, August 7th. Sanford C. Bernstein set a $130.00 price objective on shares of Walt Disney and gave the stock a “hold” rating in a report on Thursday, September 12th. Morgan Stanley set a $160.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a report on Friday, August 2nd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating and issued a $150.00 price objective on shares of Walt Disney in a report on Friday. Six equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. Walt Disney presently has a consensus rating of “Buy” and a consensus price target of $150.47.

Walt Disney stock opened at $137.96 on Friday. The firm has a market cap of $248.52 billion, a price-to-earnings ratio of 19.49, a P/E/G ratio of 4.43 and a beta of 0.96. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.70 and a quick ratio of 0.67. Walt Disney Co has a fifty-two week low of $100.35 and a fifty-two week high of $147.15. The firm has a fifty day moving average price of $131.00 and a two-hundred day moving average price of $136.12.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.12. The firm had revenue of $19.10 billion during the quarter, compared to analyst estimates of $19.02 billion. Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. The business’s revenue was up 33.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.48 EPS. As a group, sell-side analysts expect that Walt Disney Co will post 5.74 earnings per share for the current year.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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