Schwarz Dygos Wheeler Investment Advisors LLC Trims Position in The Walt Disney Company (NYSE:DIS)

Schwarz Dygos Wheeler Investment Advisors LLC lowered its position in The Walt Disney Company (NYSE:DIS) by 35.1% in the fourth quarter, HoldingsChannel reports. The firm owned 12,422 shares of the entertainment giant’s stock after selling 6,717 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Walt Disney were worth $1,383,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Impax Asset Management Group plc increased its position in shares of Walt Disney by 4.5% during the 3rd quarter. Impax Asset Management Group plc now owns 644,017 shares of the entertainment giant’s stock worth $61,948,000 after purchasing an additional 27,806 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in shares of Walt Disney during the third quarter valued at about $2,942,000. United Bank raised its stake in shares of Walt Disney by 6.2% in the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after acquiring an additional 712 shares during the period. Assetmark Inc. lifted its holdings in shares of Walt Disney by 6.2% in the 3rd quarter. Assetmark Inc. now owns 32,385 shares of the entertainment giant’s stock worth $3,115,000 after acquiring an additional 1,903 shares during the last quarter. Finally, Bridges Investment Management Inc. lifted its holdings in shares of Walt Disney by 0.8% in the 3rd quarter. Bridges Investment Management Inc. now owns 15,967 shares of the entertainment giant’s stock worth $1,536,000 after acquiring an additional 125 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

DIS has been the topic of a number of research analyst reports. Macquarie reissued a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Prescient Securities cut their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Bank of America raised their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, November 15th. Sanford C. Bernstein boosted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, November 15th. Finally, The Goldman Sachs Group raised their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. 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 MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $125.64.

Insiders Place Their Bets

In related news, EVP Brent Woodford sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Price Performance

DIS stock opened at $105.58 on Monday. The stock has a market cap of $190.87 billion, a price-to-earnings ratio of 34.39, a PEG ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The business has a 50 day moving average price of $110.30 and a 200 day moving average price of $104.16.

Walt Disney (NYSE:DIS) last issued its earnings results 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%. Equities research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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.