Aurdan Capital Management LLC Sells 2,552 Shares of The Walt Disney Company $DIS

Aurdan Capital Management LLC trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 10.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 20,940 shares of the entertainment giant’s stock after selling 2,552 shares during the quarter. Walt Disney accounts for approximately 0.9% of Aurdan Capital Management LLC’s investment portfolio, making the stock its 29th largest holding. Aurdan Capital Management LLC’s holdings in Walt Disney were worth $2,597,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DIS. Kingstone Capital Partners Texas LLC bought a new stake in Walt Disney during the second quarter worth about $4,220,599,000. Nuveen LLC bought a new stake in Walt Disney during the first quarter worth about $1,353,607,000. Diamond Hill Capital Management Inc. grew its stake in Walt Disney by 1,080.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock worth $277,993,000 after buying an additional 2,578,004 shares during the last quarter. Vanguard Group Inc. grew its stake in Walt Disney by 1.6% during the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after buying an additional 2,446,087 shares during the last quarter. Finally, Jennison Associates LLC grew its stake in Walt Disney by 9.4% during the second quarter. Jennison Associates LLC now owns 20,676,921 shares of the entertainment giant’s stock worth $2,564,145,000 after buying an additional 1,774,772 shares during the last quarter. 65.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on DIS shares. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Morgan Stanley increased their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. JPMorgan Chase & Co. increased their price target on shares of Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Finally, Wall Street Zen cut shares of Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Nineteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Walt Disney has an average rating of “Moderate Buy” and an average price target of $132.90.

Walt Disney Trading Up 0.8%

Shares of NYSE DIS opened at $112.70 on Friday. The company’s 50 day simple moving average is $114.12 and its 200 day simple moving average is $112.88. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The firm has a market capitalization of $202.63 billion, a P/E ratio of 17.66, a P/E/G ratio of 1.45 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same period in the prior year, the business posted $1.39 earnings per share. Walt Disney’s revenue was up 2.1% compared to the same quarter last year. On average, analysts predict that The Walt Disney Company will post 5.47 EPS for the current 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.