Tredje AP fonden Trims Stock Holdings in The Walt Disney Company $DIS

Tredje AP fonden reduced its holdings in shares of The Walt Disney Company (NYSE:DIS) by 18.1% in the third quarter, Holdings Channel.com reports. The fund owned 408,272 shares of the entertainment giant’s stock after selling 90,000 shares during the quarter. Tredje AP fonden’s holdings in Walt Disney were worth $46,747,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DIS. Brighton Jones LLC boosted its position in Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after buying an additional 1,904 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Walt Disney by 31.9% in the second quarter. Sivia Capital Partners LLC now owns 5,470 shares of the entertainment giant’s stock valued at $678,000 after purchasing an additional 1,322 shares during the period. Schnieders Capital Management LLC. boosted its holdings in shares of Walt Disney by 16.2% in the second quarter. Schnieders Capital Management LLC. now owns 17,955 shares of the entertainment giant’s stock valued at $2,227,000 after purchasing an additional 2,503 shares during the period. Roman Butler Fullerton & Co. bought a new position in Walt Disney in the second quarter worth approximately $228,000. Finally, FSM Wealth Advisors LLC increased its holdings in Walt Disney by 71.3% during the 2nd quarter. FSM Wealth Advisors LLC now owns 4,546 shares of the entertainment giant’s stock worth $560,000 after purchasing an additional 1,892 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on DIS. The Goldman Sachs Group reiterated a “buy” rating and issued a $151.00 target price on shares of Walt Disney in a report on Monday, February 2nd. Raymond James Financial reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Friday, November 14th. Arete Research raised shares of Walt Disney to a “strong sell” rating in a research report on Tuesday, October 28th. UBS Group restated a “mixed” rating on shares of Walt Disney in a report on Monday, February 2nd. Finally, Morgan Stanley initiated coverage on shares of Walt Disney in a research report on Tuesday, February 3rd. They issued an “overweight” rating and a $135.00 price target for the company. Seventeen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.80.

Walt Disney Stock Performance

Shares of DIS stock opened at $105.51 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.67 and a quick ratio of 0.61. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The firm has a market capitalization of $186.92 billion, a price-to-earnings ratio of 15.52, a price-to-earnings-growth ratio of 1.44 and a beta of 1.43. The business has a fifty day moving average of $110.72 and a 200 day moving average of $111.73.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Monday, February 2nd. The entertainment giant reported $1.63 EPS for the quarter, beating the consensus estimate of $1.57 by $0.06. The company had revenue of $25.98 billion for the quarter, compared to analyst estimates of $25.54 billion. Walt Disney had a net margin of 12.80% and a return on equity of 8.90%. The firm’s revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.40 earnings per share. As a group, research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

About Walt Disney

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.