Nations Financial Group Inc. IA ADV Sells 170 Shares of The Walt Disney Company (NYSE:DIS)

Nations Financial Group Inc. IA ADV trimmed its position in The Walt Disney Company (NYSE:DIS) by 1.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 14,493 shares of the entertainment giant’s stock after selling 170 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Walt Disney were worth $1,309,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Planned Solutions Inc. bought a new position in Walt Disney in the 4th quarter valued at $26,000. Partnership Wealth Management LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $33,000. Stone House Investment Management LLC lifted its stake in shares of Walt Disney by 355.3% in the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after purchasing an additional 270 shares during the period. Fortis Group Advisors LLC acquired a new position in shares of Walt Disney in the 3rd quarter valued at $30,000. Finally, Evolution Advisers Inc. lifted its stake in shares of Walt Disney by 38.2% in the 4th quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock valued at $34,000 after purchasing an additional 105 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director James P. Gorman acquired 20,000 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The stock was bought at an average price of $106.03 per share, for a total transaction of $2,120,600.00. Following the acquisition, the director now directly owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Walt Disney news, Director James P. Gorman purchased 20,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, May 8th. The stock was acquired at an average price of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the acquisition, the director now owns 20,467 shares of the company’s stock, valued at approximately $2,170,116.01. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $536,448. The disclosure for this sale can be found here. 0.10% of the stock is owned by corporate insiders.

Walt Disney Stock Up 1.1 %

Shares of NYSE DIS traded up $1.10 during mid-day trading on Friday, hitting $101.76. The company had a trading volume of 6,451,579 shares, compared to its average volume of 12,550,620. The company has a market capitalization of $185.51 billion, a PE ratio of 110.61, a price-to-earnings-growth ratio of 1.26 and a beta of 1.40. The firm has a 50-day simple moving average of $112.52 and a two-hundred day simple moving average of $103.04. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.09. The company had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. Walt Disney’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 EPS. On average, equities analysts expect that The Walt Disney Company will post 4.76 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DIS. Loop Capital increased their price target on Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Morgan Stanley increased their price target on Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Daiwa Capital Markets reaffirmed a “buy” rating and set a $133.00 price objective on shares of Walt Disney in a research note on Monday, April 1st. Barclays dropped their price objective on Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $145.00 price objective on shares of Walt Disney in a research note on Tuesday, May 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the company’s stock. According to data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target of $126.29.

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.