The Walt Disney Company (NYSE:DIS) is Everett Harris & Co. CA’s 10th Largest Position

Everett Harris & Co. CA lowered its stake in shares of The Walt Disney Company (NYSE:DIS) by 0.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,238,720 shares of the entertainment giant’s stock after selling 1,043 shares during the quarter. Walt Disney comprises about 2.0% of Everett Harris & Co. CA’s holdings, making the stock its 10th largest position. Everett Harris & Co. CA owned approximately 0.07% of Walt Disney worth $151,570,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Mcdonald Partners LLC raised its stake in shares of Walt Disney by 0.5% during the first quarter. Mcdonald Partners LLC now owns 17,975 shares of the entertainment giant’s stock worth $2,199,000 after purchasing an additional 88 shares during the last quarter. Sendero Wealth Management LLC raised its position in Walt Disney by 2.0% during the 1st quarter. Sendero Wealth Management LLC now owns 4,649 shares of the entertainment giant’s stock worth $569,000 after buying an additional 89 shares during the last quarter. Pflug Koory LLC lifted its stake in shares of Walt Disney by 1.0% in the 1st quarter. Pflug Koory LLC now owns 8,993 shares of the entertainment giant’s stock worth $1,100,000 after acquiring an additional 91 shares during the period. McLean Asset Management Corp increased its stake in shares of Walt Disney by 3.2% during the first quarter. McLean Asset Management Corp now owns 3,137 shares of the entertainment giant’s stock worth $370,000 after acquiring an additional 96 shares during the period. Finally, Destiny Wealth Partners LLC raised its holdings in Walt Disney by 2.9% during the first quarter. Destiny Wealth Partners LLC now owns 3,517 shares of the entertainment giant’s stock worth $430,000 after purchasing an additional 98 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 0.6 %

Shares of DIS stock traded up $0.62 during mid-day trading on Thursday, hitting $98.61. 5,029,969 shares of the company’s stock were exchanged, compared to its average volume of 9,798,412. The stock has a market cap of $179.77 billion, a price-to-earnings ratio of 107.19, a PEG ratio of 1.22 and a beta of 1.40. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The stock has a 50-day simple moving average of $103.86 and a two-hundred day simple moving average of $104.76.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $22.12 billion. During the same period last year, the company earned $0.93 EPS. The firm’s quarterly revenue was up 1.2% on a year-over-year basis. Equities analysts expect that The Walt Disney Company will post 4.75 EPS for the current fiscal year.

Insider Activity at Walt Disney

In related news, Director James P. Gorman purchased 20,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were bought at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the purchase, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $106.00, for a total transaction of $466,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James P. Gorman purchased 20,000 shares of the company’s stock in a transaction on Wednesday, May 8th. The shares were purchased at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the purchase, the director now directly owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is owned by insiders.

Analyst Ratings Changes

DIS has been the subject of a number of analyst reports. Loop Capital increased their target price on Walt Disney from $113.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Evercore ISI decreased their target price on shares of Walt Disney from $130.00 to $128.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 8th. Needham & Company LLC reiterated a “buy” rating and issued a $145.00 price target on shares of Walt Disney in a report on Wednesday. Moffett Nathanson reduced their price objective on shares of Walt Disney from $130.00 to $125.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, Rosenblatt Securities upped their target price on shares of Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have assigned a buy rating to the company. According to MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average price target of $126.44.

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.