TIAA Trust National Association Reduces Holdings in The Walt Disney Company (NYSE:DIS)

TIAA Trust National Association lessened its position in shares of The Walt Disney Company (NYSE:DIS) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 81,883 shares of the entertainment giant’s stock after selling 418 shares during the quarter. TIAA Trust National Association’s holdings in Walt Disney were worth $9,117,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. United Bank raised its position in Walt Disney by 6.2% in the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after purchasing an additional 712 shares during the period. Eagle Asset Management Inc. grew its stake in shares of Walt Disney by 49.2% in the third quarter. Eagle Asset Management Inc. now owns 15,000 shares of the entertainment giant’s stock valued at $1,485,000 after buying an additional 4,947 shares in the last quarter. Horizon Kinetics Asset Management LLC raised its holdings in shares of Walt Disney by 25.7% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 5,704 shares of the entertainment giant’s stock valued at $549,000 after buying an additional 1,167 shares during the period. FMR LLC lifted its stake in Walt Disney by 8.7% during the 3rd quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock worth $3,310,539,000 after acquiring an additional 2,765,389 shares in the last quarter. Finally, Avestar Capital LLC boosted its holdings in Walt Disney by 4.9% during the 3rd quarter. Avestar Capital LLC now owns 13,889 shares of the entertainment giant’s stock valued at $1,336,000 after acquiring an additional 653 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on DIS shares. Loop Capital boosted their price target 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. Prescient Securities lowered their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Macquarie reaffirmed a “neutral” rating and issued a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. The Goldman Sachs Group upped their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Finally, Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Trading Up 1.4 %

Walt Disney stock opened at $101.61 on Wednesday. The stock has a market cap of $183.69 billion, a PE ratio of 33.10, a P/E/G ratio of 1.80 and a beta of 1.41. 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 has a 50-day moving average price of $107.76 and a 200 day moving average price of $104.95. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (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%. Equities research analysts predict 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.