The Walt Disney Company (NYSE:DIS) Shares Sold by Capital International Investors

Capital International Investors cut its stake in The Walt Disney Company (NYSE:DIS) by 0.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,708,147 shares of the entertainment giant’s stock after selling 1,101 shares during the period. Capital International Investors owned approximately 0.26% of Walt Disney worth $524,252,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. FPC Investment Advisory Inc. acquired a new stake in shares of Walt Disney during the 4th quarter worth $28,000. Tacita Capital Inc increased 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 worth $29,000 after acquiring an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Walt Disney in the 4th quarter worth about $32,000. Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at about $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney during the 4th quarter worth about $35,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Trading Up 2.4 %

Shares of NYSE DIS opened at $84.75 on Friday. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63. The company has a market cap of $153.21 billion, a price-to-earnings ratio of 27.61, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock’s 50 day simple moving average is $99.24 and its 200 day simple moving average is $104.31.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating 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 research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Rosenblatt Securities reaffirmed a “buy” rating and set a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Loop Capital upped their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Macquarie reissued a “neutral” rating and issued a $110.00 price objective 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 target price for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Finally, Barclays dropped their target price on Walt Disney from $125.00 to $115.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Six research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $124.48.

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.