West Family Investments Inc. Has $530,000 Stock Position in The Walt Disney Company (NYSE:DIS)

West Family Investments Inc. lowered its holdings in shares of The Walt Disney Company (NYSE:DIS) by 16.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,764 shares of the entertainment giant’s stock after selling 914 shares during the period. West Family Investments Inc.’s holdings in Walt Disney were worth $530,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Blue Bell Private Wealth Management LLC grew its stake in Walt Disney by 20.4% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 2,093 shares of the entertainment giant’s stock worth $233,000 after purchasing an additional 355 shares during the period. Foundation Wealth Management LLC bought a new position in Walt Disney in the fourth quarter worth approximately $484,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Walt Disney by 32.4% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,592 shares of the entertainment giant’s stock worth $957,000 after acquiring an additional 2,101 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its holdings in shares of Walt Disney by 0.9% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 20,286 shares of the entertainment giant’s stock valued at $2,269,000 after purchasing an additional 178 shares in the last quarter. Finally, Callan Family Office LLC lifted its holdings in shares of Walt Disney by 325.1% in the fourth quarter. Callan Family Office LLC now owns 29,719 shares of the entertainment giant’s stock valued at $3,309,000 after purchasing an additional 22,728 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DIS. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and raised their target price for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Loop Capital raised their target price on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday. Prescient Securities dropped their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Bank of America raised their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Guggenheim lifted their price target on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average 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 Walt Disney stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,054,870.70. The trade was a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is owned by company insiders.

Walt Disney Stock Performance

NYSE:DIS opened at $105.47 on Friday. 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 has a fifty day simple moving average of $110.42 and a two-hundred day simple moving average of $103.95. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The company has a market capitalization of $190.66 billion, a P/E ratio of 34.35, a P/E/G ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last released 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, analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

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.