The Walt Disney Company (NYSE:DIS) Holdings Decreased by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC reduced its holdings in The Walt Disney Company (NYSE:DIS) by 9.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,152 shares of the entertainment giant’s stock after selling 821 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Walt Disney were worth $908,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new stake in shares of Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc increased its position in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares during the last quarter. Midwest Capital Advisors LLC purchased a new stake in shares of Walt Disney during the 4th quarter worth about $34,000. Bay Harbor Wealth Management LLC acquired a new stake in shares of Walt Disney during the 4th quarter valued at about $35,000. Finally, Vision Financial Markets LLC bought a new stake in shares of Walt Disney in the 4th quarter valued at approximately $39,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DIS has been the subject of a number of analyst reports. Citigroup reiterated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. The Goldman Sachs Group upped their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Macquarie reissued a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Finally, Jefferies Financial Group initiated coverage on Walt Disney in a report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price objective on the stock. Six equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Price Performance

Shares of DIS stock opened at $101.61 on Wednesday. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The company has a market capitalization of $183.69 billion, a P/E ratio of 33.10, a P/E/G ratio of 1.80 and a beta of 1.41. The stock has a 50 day moving average of $107.76 and a two-hundred day moving average of $104.95. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

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.