McDonough Capital Management Inc Decreases Stock Holdings in The Walt Disney Company (NYSE:DIS)

McDonough Capital Management Inc trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,383 shares of the entertainment giant’s stock after selling 267 shares during the quarter. McDonough Capital Management Inc’s holdings in Walt Disney were worth $488,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. GPM Growth Investors Inc. lifted its position in shares of Walt Disney by 4.3% during the fourth quarter. GPM Growth Investors Inc. now owns 2,342 shares of the entertainment giant’s stock valued at $261,000 after buying an additional 96 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Walt Disney during the fourth quarter valued at about $358,151,000. Promus Capital LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at about $47,000. Dana Investment Advisors Inc. increased its holdings in shares of Walt Disney by 339.3% during the fourth quarter. Dana Investment Advisors Inc. now owns 62,800 shares of the entertainment giant’s stock valued at $6,993,000 after acquiring an additional 48,505 shares in the last quarter. Finally, Vision Financial Markets LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at about $39,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Trading Up 0.3 %

Shares of NYSE:DIS opened at $109.29 on Thursday. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The firm has a market capitalization of $197.58 billion, a price-to-earnings ratio of 35.60, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The business’s 50 day moving average price is $110.56 and its 200-day moving average price is $103.94.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating 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 forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Rosenblatt Securities restated a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price objective for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday, November 15th. Loop Capital increased their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. Six equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $125.64.

Insider Activity

In other news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.16% of the company’s stock.

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.