The Walt Disney Company $DIS Stock Holdings Reduced by Maestria Partners LLC

Maestria Partners LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 7.6% during the second quarter, HoldingsChannel reports. The firm owned 139,500 shares of the entertainment giant’s stock after selling 11,500 shares during the period. Walt Disney comprises 6.0% of Maestria Partners LLC’s portfolio, making the stock its 10th largest holding. Maestria Partners LLC’s holdings in Walt Disney were worth $17,299,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in DIS. Brighton Jones LLC increased its position in Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares during the period. GAMMA Investing LLC increased its position in Walt Disney by 8.1% during the 1st quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock valued at $2,451,000 after purchasing an additional 1,856 shares during the period. Everhart Financial Group Inc. increased its position in Walt Disney by 12.7% during the 1st quarter. Everhart Financial Group Inc. now owns 8,960 shares of the entertainment giant’s stock valued at $884,000 after purchasing an additional 1,010 shares during the period. Krilogy Financial LLC increased its position in Walt Disney by 12.7% during the 1st quarter. Krilogy Financial LLC now owns 34,496 shares of the entertainment giant’s stock valued at $3,405,000 after purchasing an additional 3,899 shares during the period. Finally, Ipswich Investment Management Co. Inc. increased its position in Walt Disney by 4.1% during the 1st quarter. Ipswich Investment Management Co. Inc. now owns 6,420 shares of the entertainment giant’s stock valued at $634,000 after purchasing an additional 250 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on DIS shares. Guggenheim boosted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, June 27th. JPMorgan Chase & Co. boosted their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Wall Street Zen lowered shares of Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Needham & Company LLC reiterated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research note on Tuesday, September 23rd. Finally, Citigroup boosted their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Stock Down 1.6%

NYSE:DIS opened at $109.17 on Friday. The company has a market cap of $196.27 billion, a PE ratio of 17.11, a P/E/G ratio of 1.43 and a beta of 1.54. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. 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 is $115.36 and its two-hundred day moving average is $110.41.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.16. The company had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. Walt Disney’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 EPS. Analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

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.