Connecticut Wealth Management LLC lowered its position in shares of Walt Disney Co (NYSE:DIS) by 41.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,012 shares of the entertainment giant’s stock after selling 1,433 shares during the period. Connecticut Wealth Management LLC’s holdings in Walt Disney were worth $221,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Walt Disney by 0.5% during the third quarter. Vanguard Group Inc. now owns 103,729,219 shares of the entertainment giant’s stock valued at $12,130,095,000 after purchasing an additional 553,232 shares during the period. Vanguard Group Inc raised its stake in shares of Walt Disney by 0.5% during the third quarter. Vanguard Group Inc now owns 103,729,219 shares of the entertainment giant’s stock valued at $12,130,095,000 after purchasing an additional 553,232 shares during the period. FMR LLC raised its stake in shares of Walt Disney by 1.5% during the third quarter. FMR LLC now owns 26,397,731 shares of the entertainment giant’s stock valued at $3,086,951,000 after purchasing an additional 382,573 shares during the period. Clearbridge Investments LLC raised its stake in shares of Walt Disney by 2.1% during the third quarter. Clearbridge Investments LLC now owns 9,031,930 shares of the entertainment giant’s stock valued at $1,056,194,000 after purchasing an additional 189,866 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of Walt Disney by 1.4% during the third quarter. Legal & General Group Plc now owns 7,001,304 shares of the entertainment giant’s stock valued at $818,701,000 after purchasing an additional 98,550 shares during the period. Institutional investors own 63.71% of the company’s stock.

DIS has been the subject of a number of recent analyst reports. Imperial Capital raised shares of Walt Disney from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $113.00 to $129.00 in a research report on Tuesday, November 27th. Wolfe Research initiated coverage on shares of Walt Disney in a research report on Friday, December 7th. They set an “outperform” rating for the company. Zacks Investment Research downgraded shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Monday, December 17th. Credit Suisse Group reissued a “hold” rating and set a $114.00 price target on shares of Walt Disney in a research report on Tuesday, January 22nd. Finally, BMO Capital Markets raised their price target on shares of Walt Disney from $109.00 to $114.00 and gave the stock a “market perform” rating in a research report on Thursday, February 7th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $124.84.

DIS stock opened at $114.96 on Friday. Walt Disney Co has a twelve month low of $97.68 and a twelve month high of $120.20. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 0.92. The company has a market cap of $170.56 billion, a PE ratio of 16.24, a P/E/G ratio of 2.75 and a beta of 0.91.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, February 5th. The entertainment giant reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.27. The firm had revenue of $15.30 billion during the quarter, compared to the consensus estimate of $15.20 billion. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The firm’s revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.89 earnings per share. On average, analysts anticipate that Walt Disney Co will post 7.09 EPS for the current year.

In other Walt Disney news, EVP Brent Woodford sold 1,341 shares of Walt Disney stock in a transaction on Friday, December 21st. The shares were sold at an average price of $107.71, for a total value of $144,439.11. Following the completion of the transaction, the executive vice president now owns 28,914 shares of the company’s stock, valued at $3,114,326.94. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Alan N. Braverman sold 1,153 shares of Walt Disney stock in a transaction on Friday, December 28th. The stock was sold at an average price of $107.70, for a total transaction of $124,178.10. Following the completion of the transaction, the executive vice president now directly owns 106,390 shares of the company’s stock, valued at approximately $11,458,203. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,148 shares of company stock valued at $1,336,704. 0.36% of the stock is currently owned by corporate insiders.

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Walt Disney Company 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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