Clearwater Capital Advisors LLC Sells 785 Shares of The Walt Disney Company (NYSE:DIS)

Clearwater Capital Advisors LLC cut its stake in The Walt Disney Company (NYSE:DIS) by 17.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,606 shares of the entertainment giant’s stock after selling 785 shares during the period. Clearwater Capital Advisors LLC’s holdings in Walt Disney were worth $402,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. United Bank increased its stake in shares of Walt Disney by 6.2% in the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after purchasing an additional 712 shares during the last quarter. Mizuho Securities USA LLC grew its position in Walt Disney by 2.9% in the third quarter. Mizuho Securities USA LLC now owns 144,684 shares of the entertainment giant’s stock valued at $13,917,000 after acquiring an additional 4,124 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in Walt Disney by 4.4% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 2,172,668 shares of the entertainment giant’s stock worth $208,989,000 after acquiring an additional 92,437 shares in the last quarter. BCGM Wealth Management LLC lifted its holdings in shares of Walt Disney by 2.4% in the third quarter. BCGM Wealth Management LLC now owns 22,035 shares of the entertainment giant’s stock worth $2,120,000 after acquiring an additional 516 shares during the last quarter. Finally, Atlanta Consulting Group Advisors LLC boosted its stake in shares of Walt Disney by 272.0% in the 3rd quarter. Atlanta Consulting Group Advisors LLC now owns 9,727 shares of the entertainment giant’s stock valued at $936,000 after purchasing an additional 7,112 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on DIS shares. The Goldman Sachs Group increased their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Needham & Company LLC reissued a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. Rosenblatt Securities restated a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a research report on Monday, February 10th. Loop Capital increased their target price on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, March 4th. Finally, Macquarie restated a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Six research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Stock Up 1.9 %

Walt Disney stock opened at $98.73 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $178.48 billion, a PE ratio of 32.16, a PEG ratio of 1.80 and a beta of 1.41. The firm’s fifty day moving average is $109.10 and its 200 day moving average is $104.45. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. As a group, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

About Walt Disney

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.