Tsfg LLC Sells 187 Shares of The Walt Disney Company (NYSE:DIS)

Tsfg LLC lowered its position in The Walt Disney Company (NYSE:DIS) by 5.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,415 shares of the entertainment giant’s stock after selling 187 shares during the quarter. Tsfg LLC’s holdings in Walt Disney were worth $328,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of DIS. ESL Trust Services LLC bought a new stake in Walt Disney in the first quarter valued at approximately $31,000. William B. Walkup & Associates Inc. acquired a new position in shares of Walt Disney in the second quarter valued at $32,000. Mascoma Wealth Management LLC raised its position in shares of Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after purchasing an additional 122 shares during the period. Red Tortoise LLC boosted its holdings in shares of Walt Disney by 141.4% during the 1st quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant’s stock worth $45,000 after buying an additional 215 shares during the period. Finally, First PREMIER Bank raised its holdings in Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after acquiring an additional 256 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on DIS shares. Evercore ISI reduced their price target on Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. Macquarie lowered their price target on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating on the stock in a research report on Thursday, September 19th. Needham & Company LLC restated a “buy” rating and set a $110.00 target price on shares of Walt Disney in a research report on Thursday, September 26th. Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Piper Sandler began coverage on Walt Disney in a research note on Wednesday. They set a “neutral” rating and a $95.00 price objective on the stock. Five research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $118.05.

Walt Disney Trading Down 0.7 %

DIS opened at $94.27 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a fifty-two week low of $79.23 and a fifty-two week high of $123.74. The company’s 50 day moving average price is $91.08 and its two-hundred day moving average price is $99.26. The firm has a market capitalization of $171.86 billion, a price-to-earnings ratio of 102.47, a PEG ratio of 1.49 and a beta of 1.40.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.19. The company had revenue of $23.20 billion for the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. Walt Disney’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.03 earnings per share. As a group, research analysts predict that The Walt Disney Company will post 4.92 earnings per share for the current year.

Insider Transactions at Walt Disney

In other news, Director Calvin Mcdonald bought 11,756 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was acquired at an average price of $85.06 per share, with a total value of $999,965.36. Following the transaction, the director now owns 22,313 shares of the company’s stock, valued at $1,897,943.78. This trade represents a 100.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by corporate insiders.

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.