Sharkey Howes & Javer reduced its holdings in shares of Walt Disney Co (NYSE:DIS) by 32.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 431 shares of the entertainment giant’s stock after selling 207 shares during the period. Sharkey Howes & Javer’s holdings in Walt Disney were worth $47,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Contravisory Investment Management Inc. boosted its position in Walt Disney by 176.4% in the fourth quarter. Contravisory Investment Management Inc. now owns 409 shares of the entertainment giant’s stock valued at $45,000 after buying an additional 261 shares in the last quarter. Watermark Asset Management Inc. boosted its position in Walt Disney by 52.2% in the fourth quarter. Watermark Asset Management Inc. now owns 446 shares of the entertainment giant’s stock valued at $49,000 after buying an additional 153 shares in the last quarter. Highwater Wealth Management LLC acquired a new position in Walt Disney in the fourth quarter valued at about $56,000. CX Institutional acquired a new position in Walt Disney in the fourth quarter valued at about $80,000. Finally, Opera Trading Capital acquired a new position in Walt Disney in the fourth quarter valued at about $137,000. Institutional investors and hedge funds own 63.71% of the company’s stock.

Shares of DIS stock opened at $114.96 on Friday. Walt Disney Co has a 1 year low of $97.68 and a 1 year high of $120.20. The company has a market cap of $170.56 billion, a PE ratio of 16.24, a P/E/G ratio of 2.75 and a beta of 0.91. The company has a current ratio of 1.00, a quick ratio of 0.92 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.27. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The company had revenue of $15.30 billion for the quarter, compared to analyst estimates of $15.20 billion. During the same period in the prior year, the business earned $1.89 earnings per share. Walt Disney’s quarterly revenue was down .3% on a year-over-year basis. Research analysts predict that Walt Disney Co will post 7.09 EPS for the current year.

A number of equities analysts have commented on the stock. Edward Jones upgraded shares of Walt Disney from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th. Tigress Financial restated a “buy” rating on shares of Walt Disney in a research report on Tuesday, February 12th. BMO Capital Markets boosted their price target on shares of Walt Disney from $109.00 to $114.00 and gave the company a “market perform” rating in a research report on Thursday, February 7th. Zacks Investment Research lowered shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Thursday, January 31st. Finally, Credit Suisse Group restated a “hold” rating and issued a $114.00 price target on shares of Walt Disney in a research report on Tuesday, January 22nd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $124.84.

In related news, EVP Alan N. Braverman sold 1,153 shares of the business’s stock in a transaction that occurred on Friday, December 28th. The shares were sold at an average price of $107.70, for a total transaction of $124,178.10. Following the completion of the sale, the executive vice president now directly owns 106,390 shares of the company’s stock, valued at $11,458,203. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Brent Woodford sold 721 shares of the business’s stock in a transaction that occurred on Wednesday, December 26th. The stock was sold at an average price of $101.13, for a total transaction of $72,914.73. Following the sale, the executive vice president now directly owns 26,910 shares of the company’s stock, valued at $2,721,408.30. The disclosure for this sale can be found here. Insiders have sold 12,148 shares of company stock worth $1,336,704 over the last quarter. 0.36% of the stock is owned by company insiders.

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About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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