Van Hulzen Asset Management LLC Has $14.60 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Van Hulzen Asset Management LLC trimmed its stake in The Walt Disney Company (NYSE:DIS) by 1.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 147,038 shares of the entertainment giant’s stock after selling 2,069 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Walt Disney were worth $14,599,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Gryphon Financial Partners LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at about $603,000. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Walt Disney by 2.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 61,002 shares of the entertainment giant’s stock valued at $5,508,000 after buying an additional 1,644 shares during the last quarter. Checchi Capital Advisers LLC grew its holdings in shares of Walt Disney by 11.9% during the fourth quarter. Checchi Capital Advisers LLC now owns 17,587 shares of the entertainment giant’s stock valued at $1,588,000 after buying an additional 1,871 shares during the last quarter. Partnership Wealth Management LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at about $33,000. Finally, Psagot Value Holdings Ltd. Israel lifted its position in shares of Walt Disney by 16.6% during the fourth quarter. Psagot Value Holdings Ltd. Israel now owns 3,738 shares of the entertainment giant’s stock valued at $338,000 after purchasing an additional 531 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on DIS shares. The Goldman Sachs Group started coverage on shares of Walt Disney in a research report on Tuesday, June 25th. They set a “buy” rating and a $125.00 price target on the stock. UBS Group dropped their price target on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Raymond James lowered their price objective on shares of Walt Disney from $123.00 to $101.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. Wells Fargo & Company lowered their price objective on shares of Walt Disney from $136.00 to $116.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Finally, Barclays lowered their price objective on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. According to data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $117.95.

Walt Disney Trading Up 0.5 %

NYSE:DIS opened at $88.34 on Tuesday. The company has a fifty day moving average of $91.79 and a 200 day moving average of $103.05. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $160.21 billion, a P/E ratio of 96.02, a P/E/G ratio of 1.31 and a beta of 1.40.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.19. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The company had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. During the same period in the prior year, the business posted $1.03 EPS. The firm’s revenue was up 3.9% compared to the same quarter last year. On average, research analysts predict that The Walt Disney Company will post 4.92 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Calvin Mcdonald acquired 11,756 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was acquired at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the acquisition, the director now owns 22,313 shares of the company’s stock, valued at $1,897,943.78. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.10% of the company’s stock.

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.