The Walt Disney Company $DIS Shares Sold by Triglav Investments D.O.O.

Triglav Investments D.O.O. reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 0.4% during the 2nd quarter, Holdings Channel.com reports. The fund owned 114,673 shares of the entertainment giant’s stock after selling 492 shares during the quarter. Walt Disney comprises about 1.0% of Triglav Investments D.O.O.’s portfolio, making the stock its 21st biggest position. Triglav Investments D.O.O.’s holdings in Walt Disney were worth $14,219,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DIS. Jessup Wealth Management Inc purchased a new position in shares of Walt Disney during the second quarter worth about $220,000. Strategic Financial Concepts LLC purchased a new stake in shares of Walt Disney in the 2nd quarter valued at about $232,000. GHP Investment Advisors Inc. boosted its position in shares of Walt Disney by 1.6% in the 2nd quarter. GHP Investment Advisors Inc. now owns 72,078 shares of the entertainment giant’s stock valued at $8,938,000 after purchasing an additional 1,138 shares during the period. Plato Investment Management Ltd grew its stake in Walt Disney by 31.4% during the 2nd quarter. Plato Investment Management Ltd now owns 60,801 shares of the entertainment giant’s stock worth $7,512,000 after buying an additional 14,541 shares during the last quarter. Finally, Atlas Private Wealth Advisors increased its position in Walt Disney by 17.7% during the second quarter. Atlas Private Wealth Advisors now owns 3,486 shares of the entertainment giant’s stock worth $432,000 after buying an additional 523 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 0.8%

Walt Disney stock opened at $112.70 on Friday. The stock has a 50-day moving average price of $114.12 and a 200 day moving average price of $112.88. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The stock has a market cap of $202.63 billion, a PE ratio of 17.66, a P/E/G ratio of 1.45 and a beta of 1.54. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. The business had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 earnings per share. Equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of research reports. JPMorgan Chase & Co. raised their price target on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Rosenblatt Securities restated a “buy” rating and set a $141.00 price objective on shares of Walt Disney in a research report on Friday, October 17th. Wall Street Zen downgraded shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Susquehanna reissued a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell 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 $132.90.

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.