The Walt Disney Company $DIS Shares Sold by Maple Capital Management Inc.

Maple Capital Management Inc. decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 20.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,058 shares of the entertainment giant’s stock after selling 781 shares during the quarter. Maple Capital Management Inc.’s holdings in Walt Disney were worth $302,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. First Hawaiian Bank boosted its holdings in shares of Walt Disney by 27.6% during the first quarter. First Hawaiian Bank now owns 54,824 shares of the entertainment giant’s stock valued at $5,411,000 after acquiring an additional 11,862 shares during the period. CBIZ Investment Advisory Services LLC raised its stake in shares of Walt Disney by 15.3% during the first quarter. CBIZ Investment Advisory Services LLC now owns 1,058 shares of the entertainment giant’s stock valued at $104,000 after purchasing an additional 140 shares in the last quarter. Modern Wealth Management LLC raised its stake in shares of Walt Disney by 7.2% during the first quarter. Modern Wealth Management LLC now owns 16,940 shares of the entertainment giant’s stock valued at $1,672,000 after purchasing an additional 1,141 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Walt Disney by 26.8% during the first quarter. Jones Financial Companies Lllp now owns 396,527 shares of the entertainment giant’s stock valued at $38,928,000 after purchasing an additional 83,850 shares in the last quarter. Finally, Silicon Valley Capital Partners bought a new stake in shares of Walt Disney during the first quarter valued at about $59,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $117.10 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average price is $118.50 and its two-hundred day moving average price is $108.99. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The stock has a market cap of $210.54 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 1.67 and a beta of 1.55.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same period in the prior year, the firm earned $1.39 earnings per share. The business’s quarterly revenue was up 2.1% on a year-over-year basis. As a group, sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of recent analyst reports. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Wall Street Zen cut shares of Walt Disney from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 20th. Jefferies Financial Group cut shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Barclays lifted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $131.18.

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.