Sei Investments Co. Cuts Stock Holdings in The Walt Disney Company (NYSE:DIS)

Sei Investments Co. cut its holdings in The Walt Disney Company (NYSE:DIS) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 637,898 shares of the entertainment giant’s stock after selling 28,163 shares during the period. Sei Investments Co.’s holdings in Walt Disney were worth $71,032,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Brookstone Capital Management increased its position in Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock worth $15,687,000 after buying an additional 13,339 shares during the last quarter. Greystone Financial Group LLC boosted its position in shares of Walt Disney by 13.3% in the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock valued at $9,486,000 after acquiring an additional 9,967 shares during the period. Avanza Fonder AB purchased a new position in shares of Walt Disney during the 4th quarter valued at $15,125,000. Swedbank AB grew its position in Walt Disney by 14.4% during the fourth quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant’s stock worth $374,336,000 after buying an additional 422,339 shares in the last quarter. Finally, FourThought Financial Partners LLC bought a new position in shares of Walt Disney in the fourth quarter worth approximately $446,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Stock Up 0.7 %

Shares of Walt Disney stock opened at $99.51 on Monday. 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 Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The company has a market cap of $179.89 billion, a price-to-earnings ratio of 32.41, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company’s 50 day moving average is $108.04 and its 200 day moving average is $104.78.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping 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%. Research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

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 note on Monday, January 6th. Rosenblatt Securities reissued a “buy” rating and set a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Prescient Securities reduced their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Morgan Stanley boosted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Finally, Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and raised their price objective for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $125.64.

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.