Staley Capital Advisers Inc. Cuts Stock Holdings in The Walt Disney Company $DIS

Staley Capital Advisers Inc. lessened its holdings in The Walt Disney Company (NYSE:DIS) by 3.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 287,464 shares of the entertainment giant’s stock after selling 10,760 shares during the quarter. Walt Disney accounts for about 1.4% of Staley Capital Advisers Inc.’s holdings, making the stock its 24th biggest position. Staley Capital Advisers Inc.’s holdings in Walt Disney were worth $32,915,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DIS. Brighton Jones LLC boosted its position in shares of Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after purchasing an additional 1,904 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Walt Disney by 31.9% in the second quarter. Sivia Capital Partners LLC now owns 5,470 shares of the entertainment giant’s stock valued at $678,000 after purchasing an additional 1,322 shares during the period. Schnieders Capital Management LLC. boosted its holdings in Walt Disney by 16.2% during the second quarter. Schnieders Capital Management LLC. now owns 17,955 shares of the entertainment giant’s stock worth $2,227,000 after buying an additional 2,503 shares in the last quarter. Great Lakes Retirement Inc. boosted its holdings in Walt Disney by 5.9% during the second quarter. Great Lakes Retirement Inc. now owns 7,571 shares of the entertainment giant’s stock worth $943,000 after buying an additional 419 shares in the last quarter. Finally, Lifeworks Advisors LLC grew its position in Walt Disney by 6.3% during the second quarter. Lifeworks Advisors LLC now owns 6,552 shares of the entertainment giant’s stock worth $813,000 after buying an additional 386 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

Walt Disney stock opened at $106.05 on Monday. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The company has a market capitalization of $187.87 billion, a price-to-earnings ratio of 15.60, a PEG ratio of 1.44 and a beta of 1.42. The stock has a fifty day moving average of $110.14 and a two-hundred day moving average of $111.37. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.61 and a current ratio of 0.67.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Monday, February 2nd. The entertainment giant reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.06. The business had revenue of $25.98 billion for the quarter, compared to analyst estimates of $25.54 billion. Walt Disney had a return on equity of 8.90% and a net margin of 12.80%.The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.40 earnings per share. On average, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on DIS shares. Weiss Ratings downgraded shares of Walt Disney from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 3rd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walt Disney in a research note on Wednesday, November 12th. Guggenheim reiterated a “buy” rating and set a $140.00 target price on shares of Walt Disney in a research report on Tuesday, February 3rd. Raymond James Financial reissued a “market perform” rating on shares of Walt Disney in a report on Friday, November 14th. Finally, Citigroup cut their price target on Walt Disney from $145.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, January 16th. Seventeen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $135.80.

About Walt Disney

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.