RFP Financial Group LLC Sells 128 Shares of The Walt Disney Company (NYSE:DIS)

RFP Financial Group LLC trimmed its stake in The Walt Disney Company (NYSE:DIS) by 2.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,103 shares of the entertainment giant’s stock after selling 128 shares during the period. RFP Financial Group LLC’s holdings in Walt Disney were worth $624,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of DIS. Planned Solutions Inc. acquired a new stake in Walt Disney during the 4th quarter valued at $26,000. Gold Investment Management Ltd. bought a new position in shares of Walt Disney in the fourth quarter valued at about $28,000. Stone House Investment Management LLC lifted its position in Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after buying an additional 270 shares in the last quarter. Partnership Wealth Management LLC acquired a new position in Walt Disney during the 4th quarter worth about $33,000. Finally, Evolution Advisers Inc. increased its position in 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 acquiring an additional 105 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. assumed coverage on shares of Walt Disney in a research report on Thursday, April 11th. They set an “overweight” rating and a $140.00 target price on the stock. Wells Fargo & Company increased their price objective on Walt Disney from $128.00 to $141.00 and gave the company an “overweight” rating in a research report on Tuesday, April 23rd. Daiwa Capital Markets reissued a “buy” rating and issued a $133.00 target price on shares of Walt Disney in a research note on Monday, April 1st. Guggenheim upped their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. Finally, Evercore ISI lowered their price objective on Walt Disney from $130.00 to $128.00 and set an “outperform” rating for the company in a research report on Wednesday, May 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have given a buy rating to the stock. Based on data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average price target of $126.44.

Walt Disney Stock Down 1.1 %

DIS stock traded down $1.05 during mid-day trading on Friday, hitting $95.74. 9,239,889 shares of the company were exchanged, compared to its average volume of 11,230,701. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.69 and a current ratio of 0.75. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $123.74. The firm’s 50 day simple moving average is $100.71 and its 200 day simple moving average is $105.16. The firm has a market cap of $174.54 billion, a P/E ratio of 104.07, a P/E/G ratio of 1.21 and a beta of 1.40.

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

Insiders Place Their Bets

In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction that occurred on 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 available at the SEC website. In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction that occurred on 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 available at the SEC website. Also, Director James P. Gorman purchased 20,000 shares of Walt Disney stock in a transaction on Wednesday, May 8th. The shares were purchased at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the transaction, the director now owns 20,467 shares in the company, valued at $2,170,116.01. The disclosure for this purchase can be found here. Insiders own 0.10% of the company’s stock.

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.