Walt Disney Co (NYSE:DIS) Shares Sold by Nvwm LLC

Nvwm LLC reduced its position in Walt Disney Co (NYSE:DIS) by 5.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,352 shares of the entertainment giant’s stock after selling 821 shares during the quarter. Walt Disney comprises approximately 1.0% of Nvwm LLC’s portfolio, making the stock its 26th biggest position. Nvwm LLC’s holdings in Walt Disney were worth $1,483,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Quadrant Private Wealth Management LLC boosted its holdings in shares of Walt Disney by 139.0% in the first quarter. Quadrant Private Wealth Management LLC now owns 18,798 shares of the entertainment giant’s stock valued at $1,816,000 after acquiring an additional 10,932 shares during the period. Commerce Bank raised its stake in shares of Walt Disney by 2.1% during the first quarter. Commerce Bank now owns 326,825 shares of the entertainment giant’s stock worth $31,571,000 after purchasing an additional 6,690 shares during the last quarter. Hancock Whitney Corp raised its stake in shares of Walt Disney by 59.1% during the first quarter. Hancock Whitney Corp now owns 156,912 shares of the entertainment giant’s stock worth $15,157,000 after purchasing an additional 58,262 shares during the last quarter. Carnegie Capital Asset Management LLC raised its stake in shares of Walt Disney by 11.9% during the first quarter. Carnegie Capital Asset Management LLC now owns 197,971 shares of the entertainment giant’s stock worth $19,125,000 after purchasing an additional 21,073 shares during the last quarter. Finally, Fiduciary Planning LLC purchased a new stake in shares of Walt Disney during the first quarter worth approximately $974,000. 63.10% of the stock is owned by institutional investors and hedge funds.

Shares of DIS stock opened at $118.02 on Friday. Walt Disney Co has a fifty-two week low of $79.07 and a fifty-two week high of $153.41. The stock has a market cap of $212.83 billion, a P/E ratio of 39.87, a P/E/G ratio of 11.04 and a beta of 1.08. The business has a fifty day simple moving average of $104.80 and a 200-day simple moving average of $127.09. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 0.45.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). The company had revenue of $18.01 billion for the quarter, compared to analyst estimates of $17.49 billion. Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The firm’s revenue was up 20.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.61 EPS. On average, sell-side analysts anticipate that Walt Disney Co will post 2.09 earnings per share for the current year.

Several equities research analysts have recently commented on DIS shares. Wells Fargo & Co cut Walt Disney from an “overweight” rating to an “equal weight” rating in a research note on Sunday, April 19th. Zacks Investment Research cut Walt Disney from a “buy” rating to a “hold” rating and set a $122.00 price objective for the company. in a research report on Wednesday, March 4th. Imperial Capital cut their price objective on Walt Disney from $118.00 to $107.00 and set an “in-line” rating for the company in a research report on Thursday, April 2nd. Bank of America reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research report on Wednesday, February 26th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, May 6th. Fourteen equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $126.58.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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