Jaffetilchin Investment Partners LLC Sells 1,669 Shares of The Walt Disney Company (NYSE:DIS)

Jaffetilchin Investment Partners LLC decreased its position in The Walt Disney Company (NYSE:DIS) by 4.8% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 32,758 shares of the entertainment giant’s stock after selling 1,669 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in Walt Disney were worth $3,233,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Mpwm Advisory Solutions LLC bought a new stake in shares of Walt Disney in the fourth quarter worth about $27,000. Tacita Capital Inc grew its position in shares of Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Walt Disney in the 4th quarter valued at approximately $32,000. Copia Wealth Management bought a new stake in Walt Disney during the 4th quarter worth approximately $36,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in Walt Disney during the 4th quarter worth approximately $39,000. Institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Barclays upped their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Wolfe Research raised shares of Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 target price for the company in a research note on Monday, April 21st. UBS Group increased their target price on Walt Disney from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, May 8th. Guggenheim cut their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, May 8th. Finally, Morgan Stanley increased their price objective on Walt Disney from $110.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $123.96.

Walt Disney Stock Performance

Shares of DIS stock opened at $121.64 on Friday. The company has a market capitalization of $218.69 billion, a price-to-earnings ratio of 24.88, a PEG ratio of 1.75 and a beta of 1.54. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $121.88. The company has a 50-day simple moving average of $107.50 and a 200 day simple moving average of $105.97.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.24. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The business had revenue of $23.62 billion during the quarter, compared to analysts’ expectations of $23.15 billion. During the same quarter in the previous year, the company earned $1.21 EPS. The business’s revenue was up 7.0% on a year-over-year basis. On average, sell-side analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the business’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president now owns 46,831 shares of the company’s stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is currently owned by company 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.