Birch Hill Investment Advisors LLC Has $3.78 Million Stake in The Walt Disney Company (NYSE:DIS)

Birch Hill Investment Advisors LLC decreased its stake in shares of The Walt Disney Company (NYSE:DISGet Rating) by 15.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 40,037 shares of the entertainment giant’s stock after selling 7,255 shares during the period. Birch Hill Investment Advisors LLC’s holdings in Walt Disney were worth $3,779,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in DIS. Clear Perspectives Financial Planning LLC increased its holdings in shares of Walt Disney by 126.3% during the 1st quarter. Clear Perspectives Financial Planning LLC now owns 181 shares of the entertainment giant’s stock valued at $25,000 after acquiring an additional 101 shares during the last quarter. Roble Belko & Company Inc increased its holdings in shares of Walt Disney by 96.2% during the 1st quarter. Roble Belko & Company Inc now owns 206 shares of the entertainment giant’s stock valued at $28,000 after acquiring an additional 101 shares during the last quarter. Worth Asset Management LLC bought a new stake in Walt Disney during the 1st quarter valued at approximately $29,000. Rational Advisors LLC boosted its stake in Walt Disney by 74.1% during the 1st quarter. Rational Advisors LLC now owns 242 shares of the entertainment giant’s stock valued at $33,000 after purchasing an additional 103 shares during the period. Finally, MBM Wealth Consultants LLC boosted its stake in Walt Disney by 94.7% during the 4th quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant’s stock valued at $34,000 after purchasing an additional 107 shares during the period. Institutional investors and hedge funds own 61.37% of the company’s stock.

Insider Activity at Walt Disney

In related news, EVP Brent Woodford sold 3,000 shares of the firm’s stock in a transaction on Friday, August 12th. The stock was sold at an average price of $119.03, for a total transaction of $357,090.00. Following the completion of the sale, the executive vice president now directly owns 28,624 shares of the company’s stock, valued at approximately $3,407,114.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Moffett Nathanson decreased their target price on Walt Disney to $120.00 in a research note on Friday, July 22nd. Morgan Stanley decreased their target price on Walt Disney from $170.00 to $125.00 and set an “overweight” rating for the company in a research note on Thursday, June 30th. Barclays decreased their target price on Walt Disney from $130.00 to $120.00 and set an “equal weight” rating for the company in a research note on Thursday, July 14th. The Goldman Sachs Group increased their target price on Walt Disney from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 11th. Finally, Evercore ISI reduced their price objective on Walt Disney from $150.00 to $130.00 in a research report on Wednesday, July 27th. Five equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $151.48.

Walt Disney Trading Down 2.2 %

DIS stock opened at $102.16 on Friday. The business has a fifty day moving average price of $110.43 and a 200 day moving average price of $113.15. The Walt Disney Company has a fifty-two week low of $90.23 and a fifty-two week high of $179.63. The stock has a market capitalization of $186.24 billion, a price-to-earnings ratio of 59.40, a P/E/G ratio of 1.40 and a beta of 1.20. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.97.

Walt Disney (NYSE:DISGet Rating) last released its quarterly earnings results on Wednesday, August 10th. The entertainment giant reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.10. Walt Disney had a return on equity of 7.20% and a net margin of 3.87%. The firm had revenue of $21.50 billion during the quarter, compared to analysts’ expectations of $21.01 billion. During the same period last year, the firm posted $0.80 EPS. The business’s revenue was up 26.5% on a year-over-year basis. Analysts expect that The Walt Disney Company will post 3.85 EPS for the current fiscal year.

Walt Disney Company Profile

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The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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

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