Greenwood Capital Associates LLC Has $5.23 Million Stock Position in The Walt Disney Company $DIS

Greenwood Capital Associates LLC trimmed its holdings in shares of The Walt Disney Company (NYSE:DIS) by 27.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 42,139 shares of the entertainment giant’s stock after selling 16,052 shares during the period. Greenwood Capital Associates LLC’s holdings in Walt Disney were worth $5,226,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of DIS. Brighton Jones LLC increased its holdings in shares of Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after acquiring an additional 1,904 shares during the last quarter. Apella Capital LLC increased its holdings in shares of Walt Disney by 32.3% during the 1st quarter. Apella Capital LLC now owns 9,509 shares of the entertainment giant’s stock valued at $870,000 after acquiring an additional 2,319 shares during the last quarter. Sendero Wealth Management LLC increased its holdings in shares of Walt Disney by 8.9% during the 1st quarter. Sendero Wealth Management LLC now owns 4,746 shares of the entertainment giant’s stock valued at $468,000 after acquiring an additional 386 shares during the last quarter. Warren Street Wealth Advisors LLC increased its holdings in shares of Walt Disney by 35.2% during the 1st quarter. Warren Street Wealth Advisors LLC now owns 2,700 shares of the entertainment giant’s stock valued at $266,000 after acquiring an additional 703 shares during the last quarter. Finally, LS Investment Advisors LLC increased its holdings in shares of Walt Disney by 4.4% during the 1st quarter. LS Investment Advisors LLC now owns 73,696 shares of the entertainment giant’s stock valued at $7,274,000 after acquiring an additional 3,075 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

Shares of DIS stock opened at $112.14 on Friday. The stock has a 50 day moving average of $116.30 and a two-hundred day moving average of $109.86. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The company has a market capitalization of $201.62 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.48 and a beta of 1.54.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter last year, the company earned $1.39 EPS. The company’s quarterly revenue was up 2.1% on a year-over-year basis. As a group, equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DIS shares. Raymond James Financial reissued a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Jefferies Financial Group downgraded Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Morgan Stanley increased their target price on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Needham & Company LLC restated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Tuesday, September 23rd. Finally, UBS Group increased 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. Nineteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average target price of $131.18.

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.