The Walt Disney Company (NYSE:DIS) Shares Sold by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 2.3% during the first quarter, Holdings Channel reports. The institutional investor owned 607,151 shares of the entertainment giant’s stock after selling 14,392 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in Walt Disney were worth $59,926,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC acquired a new stake in shares of Walt Disney in the 4th quarter valued at $27,000. FPC Investment Advisory Inc. acquired a new stake in Walt Disney in the fourth quarter valued at $28,000. Tacita Capital Inc raised its stake in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in Walt Disney during the 4th quarter worth about $32,000. Finally, Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the business’s stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president now directly owns 46,831 shares of the company’s stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Stock Performance

NYSE DIS opened at $119.41 on Thursday. The firm has a market cap of $214.67 billion, a P/E ratio of 38.90, a P/E/G ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $120.50. The business’s 50-day moving average price is $100.15 and its 200 day moving average price is $105.82. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.24. The company had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The company’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the business posted $1.21 EPS. On average, equities research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on DIS. Loop Capital increased their price objective on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday. Guggenheim lowered their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, May 8th. Morgan Stanley raised their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, May 8th. Barclays boosted their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, May 8th. Finally, UBS Group increased their target price on shares of Walt Disney from $105.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.96.

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.