KCM Investment Advisors LLC Has $4.52 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

KCM Investment Advisors LLC lowered its stake in shares of The Walt Disney Company (NYSE:DIS) by 13.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 40,614 shares of the entertainment giant’s stock after selling 6,215 shares during the quarter. KCM Investment Advisors LLC’s holdings in Walt Disney were worth $4,522,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Brookstone Capital Management grew its stake in Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock valued at $15,687,000 after acquiring an additional 13,339 shares during the period. Greystone Financial Group LLC grew its position in Walt Disney by 13.3% in the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock valued at $9,486,000 after purchasing an additional 9,967 shares during the period. Avanza Fonder AB bought a new stake in Walt Disney during the 4th quarter valued at $15,125,000. Swedbank AB raised its holdings in Walt Disney by 14.4% during the fourth quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant’s stock worth $374,336,000 after buying an additional 422,339 shares during the last quarter. Finally, FourThought Financial Partners LLC bought a new position in shares of Walt Disney in the fourth quarter valued at $446,000. Institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DIS shares. Macquarie reissued a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Rosenblatt Securities reissued a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and raised their target price for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. The Goldman Sachs Group upped their price target on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Finally, Citigroup reaffirmed a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and a consensus price target of $125.33.

Walt Disney Stock Performance

Shares of DIS stock opened at $83.52 on Friday. The firm’s 50 day moving average is $105.68 and its 200 day moving average is $105.11. The stock has a market capitalization of $150.99 billion, a P/E ratio of 27.21, a PEG ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 12 month low of $83.08 and a 12 month high of $118.86. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last posted 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 return on equity of 9.95% and a net margin of 6.07%. On average, sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current 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.