The Walt Disney Company (NYSE:DIS) Shares Sold by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL trimmed its stake in shares of The Walt Disney Company (NYSE:DIS) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 303,047 shares of the entertainment giant’s stock after selling 5,390 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Walt Disney were worth $33,744,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. FPC Investment Advisory Inc. acquired a new position in Walt Disney in the 4th quarter valued at $28,000. Tacita Capital Inc lifted its position in Walt Disney by 93.2% in the fourth 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 purchased a new stake in Walt Disney in the 4th quarter valued at approximately $32,000. Midwest Capital Advisors LLC acquired a new position in Walt Disney during the 4th quarter worth approximately $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new position in shares of Walt Disney during the 4th quarter worth approximately $35,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Trading Down 0.3 %

DIS stock opened at $84.65 on Tuesday. The business has a fifty day simple moving average of $101.31 and a 200-day simple moving average of $104.75. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market cap of $153.03 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DIS. Morgan Stanley upped their price objective on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. The Goldman Sachs Group boosted their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. Finally, Citigroup restated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Six analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $125.13.

Walt Disney 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.