Eaton Financial Holdings Company LLC Trims Stock Position in The Walt Disney Company (NYSE:DIS)

Eaton Financial Holdings Company LLC lessened its position in shares of The Walt Disney Company (NYSE:DIS) by 3.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,628 shares of the entertainment giant’s stock after selling 229 shares during the quarter. Eaton Financial Holdings Company LLC’s holdings in Walt Disney were worth $738,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. GLOBALT Investments LLC GA purchased a new stake in shares of Walt Disney during the 4th quarter valued at approximately $218,000. IMG Wealth Management Inc. purchased a new stake in Walt Disney in the fourth quarter valued at approximately $407,000. GWN Securities Inc. purchased a new stake in Walt Disney in the fourth quarter valued at approximately $801,000. Van Hulzen Asset Management LLC raised its position in Walt Disney by 3.0% in the fourth quarter. Van Hulzen Asset Management LLC now owns 125,676 shares of the entertainment giant’s stock valued at $13,995,000 after purchasing an additional 3,641 shares during the period. Finally, Harbour Investments Inc. raised its position in Walt Disney by 2.1% in the fourth quarter. Harbour Investments Inc. now owns 22,442 shares of the entertainment giant’s stock valued at $2,499,000 after purchasing an additional 464 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

NYSE DIS opened at $98.73 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The company has a market capitalization of $178.48 billion, a PE ratio of 32.16, a P/E/G ratio of 1.80 and a beta of 1.41. The company has a fifty day moving average of $109.10 and a two-hundred day moving average of $104.45.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) 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, analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Ratings Changes

DIS has been the topic of a number of research analyst reports. Loop Capital boosted 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. Prescient Securities cut their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and boosted their target price for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. The Goldman Sachs Group upped their price objective on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Finally, Macquarie reaffirmed a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a research report on Monday, January 6th. Six research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target of $125.64.

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.