The Walt Disney Company (NYSE:DIS) Shares Sold by Duncker Streett & Co. Inc.

Duncker Streett & Co. Inc. decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 13.4% in the first quarter, HoldingsChannel reports. The firm owned 5,040 shares of the entertainment giant’s stock after selling 780 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Walt Disney were worth $497,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of DIS. Brighton Jones LLC boosted its holdings in Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares during the last quarter. Navellier & Associates Inc. lifted its holdings in shares of Walt Disney by 21.4% in the 4th quarter. Navellier & Associates Inc. now owns 6,871 shares of the entertainment giant’s stock valued at $765,000 after buying an additional 1,210 shares during the period. Richardson Capital Management LLC lifted its holdings in shares of Walt Disney by 1,111.1% in the 4th quarter. Richardson Capital Management LLC now owns 436 shares of the entertainment giant’s stock valued at $49,000 after buying an additional 400 shares during the period. Fisher Funds Management LTD purchased a new stake in shares of Walt Disney in the fourth quarter worth about $2,240,000. Finally, FPC Investment Advisory Inc. acquired a new stake in Walt Disney during the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

NYSE DIS opened at $117.61 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61. The stock’s 50 day simple moving average is $104.69 and its 200-day simple moving average is $105.73. The company has a market cap of $211.44 billion, a PE ratio of 24.05, a price-to-earnings-growth ratio of 1.72 and a beta of 1.54. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $120.50.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The company had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same quarter last year, the firm posted $1.21 EPS. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. As a group, equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DIS shares. Wolfe Research raised Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target for the company in a report on Monday, April 21st. Barclays lifted their target price 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. Needham & Company LLC reissued a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Thursday, May 8th. Loop Capital raised their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, June 10th. Finally, Rosenblatt Securities lifted their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, June 3rd. Six research analysts have rated the stock with a hold rating, seventeen have given 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.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the sale, the executive vice president now owns 46,831 shares of the company’s stock, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.16% of the company’s stock.

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.