Sivia Capital Partners LLC Has $413,000 Stock Position in The Walt Disney Company (NYSE:DIS)

Sivia Capital Partners LLC lowered its stake in The Walt Disney Company (NYSE:DIS) by 10.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,373 shares of the entertainment giant’s stock after selling 390 shares during the quarter. Sivia Capital Partners LLC’s holdings in Walt Disney were worth $413,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Planned Solutions Inc. acquired a new stake in shares of Walt Disney in the fourth quarter valued at about $26,000. Gold Investment Management Ltd. acquired a new position in Walt Disney during the fourth quarter worth approximately $28,000. Partnership Wealth Management LLC acquired a new position in Walt Disney during the fourth quarter worth approximately $33,000. Stone House Investment Management LLC increased its position in Walt Disney by 355.3% during the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after buying an additional 270 shares during the last quarter. Finally, Fortis Group Advisors LLC acquired a new position in Walt Disney during the third quarter worth approximately $30,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Evercore ISI lowered their price target on Walt Disney from $130.00 to $128.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 8th. JPMorgan Chase & Co. assumed coverage on Walt Disney in a research report on Thursday, April 11th. They set an “overweight” rating and a $140.00 price target on the stock. Barclays lowered their price target on Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 8th. Needham & Company LLC reissued a “buy” rating and set a $145.00 price target on shares of Walt Disney in a research report on Tuesday, May 7th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Monday, May 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have assigned a buy rating to the company. According to data from MarketBeat, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $126.44.

Insider Buying and Selling at Walt Disney

In other news, Director James P. Gorman acquired 20,000 shares of the stock in a transaction on Wednesday, May 8th. The stock was acquired at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the transaction, the director now directly owns 20,467 shares in the company, valued at $2,170,116.01. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director James P. Gorman purchased 20,000 shares of the stock in a transaction dated Wednesday, May 8th. The stock was bought at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the acquisition, the director now owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $106.00, for a total transaction of $466,400.00. The disclosure for this sale can be found here. Company insiders own 0.10% of the company’s stock.

Walt Disney Price Performance

DIS traded up $0.46 during trading on Wednesday, hitting $98.45. 3,172,534 shares of the stock traded hands, compared to its average volume of 11,466,837. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74. The company has a market cap of $179.48 billion, a price-to-earnings ratio of 107.50, a PEG ratio of 1.23 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.75 and a quick ratio of 0.69. The business has a 50 day moving average price of $104.17 and a 200 day moving average price of $104.81.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating the consensus estimate of $1.12 by $0.09. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The business had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. During the same period in the previous year, the business earned $0.93 earnings per share. The company’s revenue was up 1.2% on a year-over-year basis. Equities research analysts forecast that The Walt Disney Company will post 4.76 earnings per share for the current fiscal year.

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.