The Walt Disney Company (NYSE:DIS) Shares Sold by Hudson Valley Investment Advisors Inc. ADV

Hudson Valley Investment Advisors Inc. ADV decreased its stake in The Walt Disney Company (NYSE:DIS) by 12.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,736 shares of the entertainment giant’s stock after selling 680 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in Walt Disney were worth $467,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of DIS. Brighton Jones LLC grew its position in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares during the period. Insight Advisors LLC PA boosted its position in Walt Disney by 10.6% during the fourth quarter. Insight Advisors LLC PA now owns 2,779 shares of the entertainment giant’s stock worth $308,000 after acquiring an additional 266 shares during the last quarter. Adero Partners LLC acquired a new position in Walt Disney during the fourth quarter worth about $208,000. Financial Advocates Investment Management boosted its position in Walt Disney by 2.1% during the fourth quarter. Financial Advocates Investment Management now owns 12,547 shares of the entertainment giant’s stock worth $1,397,000 after acquiring an additional 263 shares during the last quarter. Finally, Silver Oak Securities Incorporated boosted its position in Walt Disney by 31.2% during the fourth quarter. Silver Oak Securities Incorporated now owns 10,404 shares of the entertainment giant’s stock worth $1,153,000 after acquiring an additional 2,477 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on DIS shares. Barclays boosted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, May 8th. Morgan Stanley lifted their target price on shares of Walt Disney from $110.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, May 8th. Loop Capital boosted their price target on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. UBS Group boosted their price target on shares of Walt Disney from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Finally, Wolfe Research raised shares of Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target on the stock in a research note on Monday, April 21st. Six investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $123.75.

Insider Transactions at Walt Disney

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

Walt Disney Stock Up 1.3%

DIS stock opened at $113.95 on Friday. The company has a market cap of $204.85 billion, a price-to-earnings ratio of 37.12, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The company has a fifty day moving average price of $98.47 and a 200 day moving average price of $105.80.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.24. The company had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Walt Disney’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.21 EPS. Sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Company 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.