The Walt Disney Company (NYSE:DIS) Shares Sold by Baystate Wealth Management LLC

Baystate Wealth Management LLC decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 6.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,024 shares of the entertainment giant’s stock after selling 325 shares during the quarter. Baystate Wealth Management LLC’s holdings in The Walt Disney were worth $623,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Winning Points Advisors LLC raised its holdings in shares of The Walt Disney by 2.1% in the 2nd quarter. Winning Points Advisors LLC now owns 4,052 shares of the entertainment giant’s stock worth $452,000 after purchasing an additional 85 shares in the last quarter. RB Capital Management LLC increased its holdings in shares of The Walt Disney by 0.3% in the second quarter. RB Capital Management LLC now owns 27,243 shares of the entertainment giant’s stock valued at $3,038,000 after buying an additional 86 shares in the last quarter. Horan Capital Advisors LLC. lifted its position in shares of The Walt Disney by 0.6% during the 2nd quarter. Horan Capital Advisors LLC. now owns 17,282 shares of the entertainment giant’s stock valued at $1,927,000 after acquiring an additional 95 shares during the last quarter. Ellis Investment Partners LLC boosted its stake in shares of The Walt Disney by 1.9% during the 2nd quarter. Ellis Investment Partners LLC now owns 5,290 shares of the entertainment giant’s stock worth $597,000 after acquiring an additional 100 shares in the last quarter. Finally, Botty Investors LLC boosted its stake in shares of The Walt Disney by 2.2% during the 2nd quarter. Botty Investors LLC now owns 4,675 shares of the entertainment giant’s stock worth $521,000 after acquiring an additional 100 shares in the last quarter. Institutional investors and hedge funds own 62.72% of the company’s stock.

A number of equities analysts recently weighed in on the company. Cowen lowered The Walt Disney from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $101.00 to $97.00 in a research report on Thursday, July 16th. Loop Capital upgraded shares of The Walt Disney from a “hold” rating to a “buy” rating and set a $150.00 target price for the company in a report on Tuesday. Macquarie reissued a “buy” rating and issued a $140.00 target price on shares of The Walt Disney in a research report on Friday, June 19th. Credit Suisse Group upgraded shares of The Walt Disney from a “neutral” rating to an “outperform” rating and upped their price target for the company from $116.00 to $146.00 in a research report on Wednesday, August 5th. Finally, Barclays reiterated a “buy” rating and set a $135.00 price objective on shares of The Walt Disney in a research report on Thursday, August 6th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and nineteen have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $134.70.

Shares of NYSE:DIS opened at $126.81 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.29 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $229.15 billion, a PE ratio of -204.53, a P/E/G ratio of 6.23 and a beta of 1.09. The Walt Disney Company has a 1 year low of $79.07 and a 1 year high of $153.41. The firm has a fifty day moving average price of $128.38 and a 200 day moving average price of $117.94.

The Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, August 4th. The entertainment giant reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.64) by $0.72. The company had revenue of $11.80 billion during the quarter, compared to analysts’ expectations of $12.48 billion. The Walt Disney had a positive return on equity of 6.58% and a negative net margin of 1.58%. The business’s quarterly revenue was down 41.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.35 earnings per share. On average, sell-side analysts forecast that The Walt Disney Company will post 1.59 earnings per share for the current fiscal year.

In other The Walt Disney news, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $130.95, for a total transaction of $261,900.00. Following the completion of the sale, the executive vice president now owns 36,620 shares of the company’s stock, valued at $4,795,389. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is currently owned by insiders.

The 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 domestic cable networks under the Disney, ESPN, Freeform, FX, and National Geographic brands; and television broadcast network under the ABC brand, as well as eight owned domestic television stations.

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

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