The Walt Disney Company $DIS Shares Sold by Pflug Koory LLC

Pflug Koory LLC decreased its stake in The Walt Disney Company (NYSE:DIS) by 2.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,157 shares of the entertainment giant’s stock after selling 169 shares during the quarter. Pflug Koory LLC’s holdings in Walt Disney were worth $1,012,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of Walt Disney by 1.6% in the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock valued at $15,383,615,000 after purchasing an additional 2,446,087 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Walt Disney in the second quarter valued at about $4,220,599,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Walt Disney by 9.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant’s stock valued at $1,826,930,000 after purchasing an additional 1,642,907 shares during the period. Bank of New York Mellon Corp grew its position in shares of Walt Disney by 4.2% in the first quarter. Bank of New York Mellon Corp now owns 17,821,361 shares of the entertainment giant’s stock valued at $1,758,968,000 after purchasing an additional 717,066 shares during the period. Finally, Amundi lifted its stake in shares of Walt Disney by 11.4% in the first quarter. Amundi now owns 14,882,195 shares of the entertainment giant’s stock worth $1,468,873,000 after buying an additional 1,520,513 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DIS shares. Loop Capital raised their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, June 10th. Stephens reissued a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Wall Street Zen downgraded shares of Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday. Citigroup raised their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Finally, Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Stock Performance

NYSE:DIS opened at $112.49 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The firm has a market capitalization of $202.25 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 1.47 and a beta of 1.54. The company’s 50-day moving average is $116.12 and its two-hundred day moving average is $109.95. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. The company had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. Walt Disney’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.39 EPS. Analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Company 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.