Jackson Hole Capital Partners LLC Sells 199 Shares of The Walt Disney Company (NYSE:DIS)

Jackson Hole Capital Partners LLC lowered its stake in shares of The Walt Disney Company (NYSE:DIS) by 1.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,485 shares of the entertainment giant’s stock after selling 199 shares during the quarter. Jackson Hole Capital Partners LLC’s holdings in Walt Disney were worth $1,824,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Waterloo Capital L.P. boosted its stake in Walt Disney by 3.2% during the fourth quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant’s stock worth $349,000 after buying an additional 97 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in Walt Disney by 0.4% during the fourth quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant’s stock worth $2,523,000 after buying an additional 98 shares in the last quarter. Acorns Advisers LLC boosted its stake in Walt Disney by 2.6% during the fourth quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant’s stock worth $426,000 after buying an additional 98 shares in the last quarter. Allegheny Financial Group boosted its stake in Walt Disney by 2.3% during the fourth quarter. Allegheny Financial Group now owns 4,624 shares of the entertainment giant’s stock worth $515,000 after buying an additional 106 shares in the last quarter. Finally, Resonant Capital Advisors LLC lifted its holdings in shares of Walt Disney by 0.4% during the first quarter. Resonant Capital Advisors LLC now owns 26,119 shares of the entertainment giant’s stock valued at $2,578,000 after acquiring an additional 113 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Down 0.2%

Shares of Walt Disney stock traded down $0.23 during trading hours on Thursday, hitting $122.71. The company’s stock had a trading volume of 1,237,638 shares, compared to its average volume of 9,837,586. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The stock has a 50 day moving average of $117.61 and a 200 day moving average of $107.22. The company has a market capitalization of $220.61 billion, a PE ratio of 25.12, a price-to-earnings-growth ratio of 1.77 and a beta of 1.56. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The company had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same period in the prior year, the company earned $1.21 earnings per share. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. Analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Wolfe Research raised Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price objective for the company in a report on Monday, April 21st. Rosenblatt Securities lifted their price objective on Walt Disney from $135.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, June 3rd. Wall Street Zen cut Walt Disney from a “strong-buy” rating to a “buy” rating in a report on Sunday. Morgan Stanley raised their target price on Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, May 8th. Finally, UBS Group raised their target price on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Five research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average price target of $128.13.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the company’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president directly owned 46,831 shares of the company’s stock, valued at $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is owned by corporate insiders.

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.