Northwest & Ethical Investments L.P. Has $9.41 Million Stake in The Walt Disney Company (NYSE:DIS)

Northwest & Ethical Investments L.P. reduced its holdings in shares of The Walt Disney Company (NYSE:DIS) by 8.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 84,516 shares of the entertainment giant’s stock after selling 7,404 shares during the period. Northwest & Ethical Investments L.P.’s holdings in Walt Disney were worth $9,411,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in DIS. Farmers Trust Co. grew its position in shares of Walt Disney by 1.1% during the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock worth $945,000 after buying an additional 92 shares during the period. Pathway Financial Advisors LLC grew its position in shares of Walt Disney by 2.7% during the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock worth $386,000 after buying an additional 92 shares during the period. Prossimo Advisors LLC grew its position in Walt Disney by 1.1% in the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock valued at $972,000 after purchasing an additional 92 shares during the period. Saxon Interests Inc. grew its position in Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after purchasing an additional 93 shares during the period. Finally, Onefund LLC grew its position in Walt Disney by 2.0% in the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock valued at $541,000 after purchasing an additional 93 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DIS. 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. Morgan Stanley lifted 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. Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. Jefferies Financial Group started coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price target for the company. Finally, Loop Capital upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Six 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney Price Performance

NYSE DIS opened at $98.79 on Friday. The company has a market cap of $178.59 billion, a PE ratio of 32.18, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The firm’s 50-day simple moving average is $108.23 and its two-hundred day simple moving average is $104.61.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Research analysts predict 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.