Fort Washington Investment Advisors Inc. OH Sells 276 Shares of The Walt Disney Company (NYSE:DIS)

Fort Washington Investment Advisors Inc. OH cut its stake in shares of The Walt Disney Company (NYSE:DIS) by 0.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 377,366 shares of the entertainment giant’s stock after selling 276 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Walt Disney were worth $37,469,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of DIS. ESL Trust Services LLC bought a new position in shares of Walt Disney in the first quarter valued at $31,000. Gold Investment Management Ltd. bought a new position in shares of Walt Disney in the 4th quarter valued at about $28,000. Partnership Wealth Management LLC bought a new position in shares of Walt Disney in the 4th quarter valued at about $33,000. Red Tortoise LLC increased its stake 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 purchasing an additional 215 shares during the last quarter. Finally, PFG Private Wealth Management LLC raised its holdings in shares of Walt Disney by 32.1% in the 1st quarter. PFG Private Wealth Management LLC now owns 412 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 100 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Insider Activity

In other Walt Disney news, Director Calvin Mcdonald acquired 11,756 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was acquired at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the transaction, the director now directly owns 22,313 shares in the company, valued at $1,897,943.78. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Price Performance

Walt Disney stock traded up $0.57 during trading hours on Friday, reaching $90.38. 8,401,126 shares of the stock were exchanged, compared to its average volume of 11,458,939. 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 twelve month low of $78.73 and a twelve month high of $123.74. The company has a market cap of $164.77 billion, a P/E ratio of 98.24, a price-to-earnings-growth ratio of 1.15 and a beta of 1.40. The stock has a 50 day moving average of $93.47 and a two-hundred day moving average of $104.17.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.19. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The business had revenue of $23.20 billion for the quarter, compared to analyst estimates of $23.08 billion. During the same quarter last year, the business posted $1.03 EPS. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. Equities analysts expect that The Walt Disney Company will post 4.77 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on DIS. Bank of America lowered their price target on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. The Goldman Sachs Group initiated coverage on Walt Disney in a report on Tuesday, June 25th. They set a “buy” rating and a $125.00 target price on the stock. Barclays cut their price target on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Needham & Company LLC decreased their price objective on shares of Walt Disney from $145.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Finally, Macquarie cut their target price on shares of Walt Disney from $107.00 to $94.00 and set a “neutral” rating for the company in a research note on Monday, August 12th. Three research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus price target of $117.95.

Walt Disney Company 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.