Landscape Capital Management L.L.C. Sells 28,149 Shares of The Walt Disney Company (NYSE:DIS)

Landscape Capital Management L.L.C. lessened its stake in shares of The Walt Disney Company (NYSE:DIS) by 53.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 24,058 shares of the entertainment giant’s stock after selling 28,149 shares during the period. Landscape Capital Management L.L.C.’s holdings in Walt Disney were worth $2,679,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Farmers Trust Co. boosted its position in shares of Walt Disney by 1.1% during the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock worth $945,000 after purchasing an additional 92 shares in the last quarter. Pathway Financial Advisors LLC raised its stake in Walt Disney by 2.7% during the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock worth $386,000 after buying an additional 92 shares during the period. Prossimo Advisors LLC grew its stake in Walt Disney by 1.1% in the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock valued at $972,000 after acquiring an additional 92 shares during the period. Saxon Interests Inc. increased its holdings in shares of Walt Disney by 2.8% during the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after acquiring an additional 93 shares in the last quarter. Finally, Onefund LLC raised its position in shares of Walt Disney by 2.0% during the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock worth $541,000 after purchasing an additional 93 shares during the period. 65.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

DIS has been the subject of several research reports. Morgan Stanley lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Loop Capital lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Needham & Company LLC restated a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. The Goldman Sachs Group lifted their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Finally, Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.33.

Walt Disney Price Performance

Walt Disney stock opened at $88.67 on Friday. The business’s 50 day simple moving average is $106.26 and its 200 day simple moving average is $105.26. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $120.19. The company has a market cap of $160.30 billion, a price-to-earnings ratio of 28.88, a PEG ratio of 1.80 and a beta of 1.44. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results 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%. Sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Profile

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.