Windward Capital Management Co. CA Has $16.59 Million Stake in The Walt Disney Company (NYSE:DIS)

Windward Capital Management Co. CA trimmed its holdings in shares of The Walt Disney Company (NYSE:DIS) by 2.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 167,119 shares of the entertainment giant’s stock after selling 4,739 shares during the period. Walt Disney accounts for about 1.4% of Windward Capital Management Co. CA’s investment portfolio, making the stock its 24th biggest holding. Windward Capital Management Co. CA’s holdings in Walt Disney were worth $16,593,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Gold Investment Management Ltd. acquired a new position in shares of Walt Disney in the 4th quarter valued at $28,000. ESL Trust Services LLC bought a new stake in Walt Disney in the first quarter valued at about $31,000. Partnership Wealth Management LLC acquired a new position in Walt Disney in the fourth quarter valued at about $33,000. Frank Rimerman Advisors LLC bought a new position in Walt Disney during the fourth quarter worth about $37,000. Finally, Mascoma Wealth Management LLC grew its position in shares of Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after buying an additional 122 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Performance

DIS opened at $87.94 on Friday. The business’s 50-day simple moving average is $91.98 and its 200 day simple moving average is $103.22. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a market capitalization of $160.32 billion, a PE ratio of 95.59, a PEG ratio of 1.34 and a beta of 1.40.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.19. The firm had revenue of $23.20 billion for the quarter, compared to analyst estimates of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.03 EPS. As a group, sell-side analysts expect that The Walt Disney Company will post 4.92 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of analyst reports. Moffett Nathanson cut their price target on shares of Walt Disney from $130.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, July 2nd. Raymond James lowered their target price on shares of Walt Disney from $123.00 to $101.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. Morgan Stanley reduced their price target on shares of Walt Disney from $130.00 to $110.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Macquarie lowered their price objective on shares of Walt Disney from $107.00 to $94.00 and set a “neutral” rating for the company in a research report on Monday, August 12th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Walt Disney from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $117.95.

Insiders Place Their Bets

In other news, Director Calvin Mcdonald acquired 11,756 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was bought at an average price of $85.06 per share, with a total value of $999,965.36. Following the transaction, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.

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.