Kozak & Associates Inc. Has $145,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

Kozak & Associates Inc. decreased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 7.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,474 shares of the entertainment giant’s stock after selling 123 shares during the quarter. Kozak & Associates Inc.’s holdings in Walt Disney were worth $145,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Norges Bank acquired a new stake in Walt Disney in the 4th quarter valued at approximately $2,415,427,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in Walt Disney by 1,900.0% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 5,735,961 shares of the entertainment giant’s stock valued at $638,699,000 after buying an additional 5,449,158 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Walt Disney by 75.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant’s stock valued at $1,209,050,000 after buying an additional 4,680,930 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Walt Disney in the 4th quarter valued at approximately $358,151,000. Finally, Boston Partners acquired a new stake in Walt Disney in the 4th quarter valued at approximately $350,707,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on DIS shares. Morgan Stanley raised their target price on Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Rosenblatt Securities upped their price target on Walt Disney from $135.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, June 3rd. Guggenheim cut their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, May 8th. Barclays upped their price target on Walt Disney from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Finally, Loop Capital upped their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $123.96.

Walt Disney Trading Up 2.7%

DIS stock opened at $118.76 on Wednesday. The firm has a market cap of $213.49 billion, a P/E ratio of 38.68, a P/E/G ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $120.50. The business’s 50 day moving average is $99.43 and its 200-day moving average is $105.72. 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 released its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Walt Disney’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.21 EPS. Equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president now directly owns 46,831 shares in the company, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.16% of the stock is owned by corporate insiders.

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.