CAP Partners LLC Sells 205 Shares of The Walt Disney Company (NYSE:DIS)

CAP Partners LLC cut its stake in The Walt Disney Company (NYSE:DIS) by 6.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,878 shares of the entertainment giant’s stock after selling 205 shares during the period. CAP Partners LLC’s holdings in Walt Disney were worth $286,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in DIS. SVB Wealth LLC lifted its stake in Walt Disney by 1.0% during the 4th quarter. SVB Wealth LLC now owns 39,853 shares of the entertainment giant’s stock valued at $3,598,000 after acquiring an additional 386 shares during the period. Sfmg LLC boosted its holdings in Walt Disney by 8.6% in the fourth quarter. Sfmg LLC now owns 4,201 shares of the entertainment giant’s stock valued at $379,000 after purchasing an additional 331 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its position in Walt Disney by 71.5% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 4,147 shares of the entertainment giant’s stock worth $375,000 after purchasing an additional 1,729 shares during the period. HF Advisory Group LLC raised its stake in shares of Walt Disney by 7.3% during the 4th quarter. HF Advisory Group LLC now owns 10,246 shares of the entertainment giant’s stock valued at $925,000 after buying an additional 701 shares during the last quarter. Finally, Strid Group LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at about $786,000. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Raymond James reduced their price target on Walt Disney from $123.00 to $101.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Evercore ISI lowered their price target on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Bank of America decreased their price objective on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. UBS Group dropped their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Finally, Barclays lowered their price target on Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Three analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $118.13.

Walt Disney Trading Up 0.6 %

DIS traded up $0.51 during mid-day trading on Friday, hitting $89.30. 10,277,743 shares of the stock were exchanged, compared to its average volume of 11,680,049. The firm’s fifty day moving average is $95.41 and its two-hundred day moving average is $104.83. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $123.74. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38. The company has a market cap of $162.80 billion, a PE ratio of 97.07, a PEG ratio of 1.15 and a beta of 1.40.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.19. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The firm had revenue of $23.20 billion for the quarter, compared to analyst estimates of $23.08 billion. During the same quarter in the prior year, the company earned $1.03 EPS. Walt Disney’s revenue was up 3.9% on a year-over-year basis. Equities analysts forecast that The Walt Disney Company will post 4.77 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Walt Disney news, Director Calvin Mcdonald acquired 11,756 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were acquired at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the acquisition, the director now owns 22,313 shares in the company, valued at approximately $1,897,943.78. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.10% of the stock is owned by company insiders.

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.