Cyrus J. Lawrence LLC Sells 400 Shares of The Walt Disney Company (NYSE:DIS)

Cyrus J. Lawrence LLC reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 17.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,900 shares of the entertainment giant’s stock after selling 400 shares during the period. Cyrus J. Lawrence LLC’s holdings in Walt Disney were worth $211,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. FPC Investment Advisory Inc. bought a new stake in Walt Disney in the fourth quarter worth about $28,000. Tacita Capital Inc raised its position in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after acquiring an additional 124 shares during the period. Midwest Capital Advisors LLC bought a new stake in Walt Disney in the fourth quarter worth about $34,000. Bay Harbor Wealth Management LLC bought a new stake in Walt Disney in the fourth quarter worth about $35,000. Finally, Vision Financial Markets LLC bought a new stake in Walt Disney in the fourth quarter worth about $39,000. 65.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have commented on DIS shares. Prescient Securities lowered their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and boosted their price target for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. Morgan Stanley boosted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Rosenblatt Securities reissued a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Finally, Citigroup reissued a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Price Performance

DIS stock opened at $99.51 on Friday. 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 one year low of $83.91 and a one year high of $123.74. The stock has a market cap of $179.89 billion, a PE ratio of 32.41, a P/E/G ratio of 1.80 and a beta of 1.41. The firm has a 50 day simple moving average of $108.04 and a two-hundred day simple moving average of $104.58.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.