Crewe Advisors LLC Sells 1,983 Shares of Walt Disney Co (NYSE:DIS)

Crewe Advisors LLC cut its stake in Walt Disney Co (NYSE:DIS) by 53.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,715 shares of the entertainment giant’s stock after selling 1,983 shares during the period. Crewe Advisors LLC’s holdings in Walt Disney were worth $223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of DIS. Centerpoint Advisors LLC increased its position in Walt Disney by 276.5% during the second quarter. Centerpoint Advisors LLC now owns 192 shares of the entertainment giant’s stock worth $27,000 after acquiring an additional 141 shares during the period. JJJ Advisors Inc. increased its position in Walt Disney by 96.8% during the third quarter. JJJ Advisors Inc. now owns 244 shares of the entertainment giant’s stock worth $32,000 after acquiring an additional 120 shares during the period. Garrett Wealth Advisory Group LLC bought a new position in Walt Disney during the third quarter worth about $36,000. SRS Capital Advisors Inc. bought a new position in Walt Disney during the second quarter worth about $39,000. Finally, MRA Associates USA LLC bought a new position in Walt Disney during the second quarter worth about $53,000. 68.47% of the stock is currently owned by institutional investors.

DIS stock opened at $136.74 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 0.89 and a debt-to-equity ratio of 0.41. Walt Disney Co has a 12 month low of $100.35 and a 12 month high of $147.15. The firm has a market cap of $248.52 billion, a P/E ratio of 23.70, a P/E/G ratio of 4.70 and a beta of 0.96. The company’s 50-day moving average price is $131.23 and its two-hundred day moving average price is $136.18.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 7th. The entertainment giant reported $1.07 EPS for the quarter, beating the consensus estimate of $0.95 by $0.12. Walt Disney had a net margin of 15.89% and a return on equity of 11.38%. The firm had revenue of $19.10 billion for the quarter, compared to analyst estimates of $19.02 billion. During the same period last year, the firm earned $1.48 EPS. The business’s quarterly revenue was up 33.6% compared to the same quarter last year. Equities analysts predict that Walt Disney Co will post 5.83 EPS for the current year.

A number of equities analysts recently commented on DIS shares. Needham & Company LLC reaffirmed a “hold” rating on shares of Walt Disney in a research report on Friday, September 27th. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $150.00 price target on shares of Walt Disney in a research report on Friday. Wells Fargo & Co lowered their price target on shares of Walt Disney from $173.00 to $167.00 and set an “outperform” rating on the stock in a research report on Friday. Sanford C. Bernstein set a $130.00 price target on shares of Walt Disney and gave the stock a “hold” rating in a research report on Thursday, September 12th. Finally, Moffett Nathanson set a $150.00 price target on shares of Walt Disney and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Six investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. Walt Disney currently has a consensus rating of “Buy” and an average target price of $152.05.

Walt Disney 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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