Gardner Russo & Quinn LLC Reduces Stock Holdings in The Walt Disney Company (NYSE:DIS)

Gardner Russo & Quinn LLC lessened its stake in The Walt Disney Company (NYSE:DIS) by 8.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,571 shares of the entertainment giant’s stock after selling 314 shares during the quarter. Gardner Russo & Quinn LLC’s holdings in Walt Disney were worth $398,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new stake in Walt Disney during the 4th quarter valued at $28,000. Tacita Capital Inc boosted its position in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares during the last quarter. Midwest Capital Advisors LLC acquired a new stake in shares of Walt Disney during the fourth quarter valued at about $34,000. Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney during the fourth quarter worth about $35,000. Finally, Vision Financial Markets LLC acquired a new position in shares of Walt Disney in the fourth quarter worth about $39,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Down 2.4 %

NYSE DIS opened at $98.02 on Friday. The company has a market capitalization of $177.19 billion, a P/E ratio of 31.93, a PEG ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.69. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The company’s 50 day simple moving average is $107.31 and its 200 day simple moving average is $104.96.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently issued reports on DIS. Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Needham & Company LLC reiterated a “buy” rating and set a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Prescient Securities reduced their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Jefferies Financial Group started coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price objective for the company. Finally, Macquarie reiterated a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. Six investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $125.64.

About Walt Disney

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.