Woodley Farra Manion Portfolio Management Inc. Cuts Holdings in The Walt Disney Company $DIS

Woodley Farra Manion Portfolio Management Inc. reduced its stake in The Walt Disney Company (NYSE:DIS) by 4.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 725,210 shares of the entertainment giant’s stock after selling 31,903 shares during the period. Walt Disney accounts for about 3.9% of Woodley Farra Manion Portfolio Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Woodley Farra Manion Portfolio Management Inc.’s holdings in Walt Disney were worth $83,037,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Clear Creek Financial Management LLC lifted its holdings in shares of Walt Disney by 6.1% in the 3rd quarter. Clear Creek Financial Management LLC now owns 8,417 shares of the entertainment giant’s stock worth $964,000 after purchasing an additional 487 shares during the last quarter. Cumberland Partners Ltd grew its stake in Walt Disney by 189.0% during the 3rd quarter. Cumberland Partners Ltd now owns 65,088 shares of the entertainment giant’s stock worth $7,453,000 after buying an additional 42,570 shares during the last quarter. CFO4Life Group LLC increased its position in Walt Disney by 1.2% in the third quarter. CFO4Life Group LLC now owns 7,894 shares of the entertainment giant’s stock worth $904,000 after buying an additional 92 shares during the period. Collaborative Wealth Managment Inc. lifted its stake in Walt Disney by 12.8% in the third quarter. Collaborative Wealth Managment Inc. now owns 2,633 shares of the entertainment giant’s stock valued at $301,000 after buying an additional 298 shares during the last quarter. Finally, Harold Davidson & Associates Inc. lifted its stake in Walt Disney by 36.9% in the third quarter. Harold Davidson & Associates Inc. now owns 5,098 shares of the entertainment giant’s stock valued at $584,000 after buying an additional 1,374 shares during the last quarter. 65.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DIS has been the subject of several recent research reports. Guggenheim restated a “buy” rating and set a $140.00 price target on shares of Walt Disney in a research report on Tuesday, February 3rd. Morgan Stanley assumed coverage on shares of Walt Disney in a research note on Tuesday, February 3rd. They set an “overweight” rating and a $135.00 target price for the company. KeyCorp restated a “sector weight” rating on shares of Walt Disney in a research note on Friday, November 14th. Jefferies Financial Group cut their price target on Walt Disney from $136.00 to $132.00 and set a “buy” rating on the stock in a report on Tuesday, February 3rd. Finally, Barclays reissued an “overweight” rating on shares of Walt Disney in a report on Monday, February 2nd. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $135.80.

Walt Disney Price Performance

Shares of Walt Disney stock traded down $0.05 on Friday, hitting $105.95. The company had a trading volume of 636,379 shares, compared to its average volume of 11,861,313. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.67 and a quick ratio of 0.61. The company has a market cap of $187.69 billion, a PE ratio of 15.50, a PEG ratio of 1.46 and a beta of 1.43. The business has a 50-day simple moving average of $110.84 and a 200-day simple moving average of $111.83.

Walt Disney (NYSE:DIS) last released its earnings results on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.06. Walt Disney had a return on equity of 8.90% and a net margin of 12.80%.The firm had revenue of $25.98 billion during the quarter, compared to the consensus estimate of $25.54 billion. During the same period in the prior year, the firm posted $1.40 earnings per share. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. Research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.