Oder Investment Management LLC Sells 582 Shares of The Walt Disney Company (NYSE:DIS)

Oder Investment Management LLC lowered its holdings in shares of The Walt Disney Company (NYSE:DIS) by 5.0% during the 4th quarter, HoldingsChannel reports. The fund owned 11,089 shares of the entertainment giant’s stock after selling 582 shares during the period. Walt Disney accounts for approximately 1.0% of Oder Investment Management LLC’s portfolio, making the stock its 29th biggest holding. Oder Investment Management LLC’s holdings in Walt Disney were worth $1,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. FPC Investment Advisory Inc. bought a new stake in shares of Walt Disney in the 4th quarter worth approximately $28,000. Tacita Capital Inc raised its stake in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in Walt Disney in the fourth quarter worth $32,000. Midwest Capital Advisors LLC purchased a new stake in shares of Walt Disney in the fourth quarter worth $34,000. Finally, Bay Harbor Wealth Management LLC bought a new position in shares of Walt Disney during the fourth quarter valued at $35,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

DIS has been the topic of several recent analyst reports. Rosenblatt Securities reissued a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a research report on Monday, February 10th. Prescient Securities cut their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Macquarie reissued a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and upped their price objective for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. Finally, Citigroup reissued a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $125.13.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $84.92 on Friday. The stock has a market cap of $153.52 billion, a PE ratio of 27.66, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63. The firm has a fifty day moving average price of $101.83 and a 200-day moving average price of $104.75. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (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%. Equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.