Fairfield Financial Advisors LTD Sells 135 Shares of The Walt Disney Company (NYSE:DIS)

Fairfield Financial Advisors LTD reduced its position in The Walt Disney Company (NYSE:DIS) by 6.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,833 shares of the entertainment giant’s stock after selling 135 shares during the quarter. Fairfield Financial Advisors LTD’s holdings in Walt Disney were worth $204,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Naviter Wealth LLC boosted its stake in Walt Disney by 25.7% during the fourth quarter. Naviter Wealth LLC now owns 22,376 shares of the entertainment giant’s stock worth $2,503,000 after acquiring an additional 4,578 shares in the last quarter. Marble Harbor Investment Counsel LLC boosted its stake in Walt Disney by 1.8% during the fourth quarter. Marble Harbor Investment Counsel LLC now owns 93,747 shares of the entertainment giant’s stock worth $10,439,000 after acquiring an additional 1,674 shares in the last quarter. Rialto Wealth Management LLC bought a new position in Walt Disney during the fourth quarter worth $294,000. Larson Financial Group LLC boosted its stake in Walt Disney by 11.7% during the fourth quarter. Larson Financial Group LLC now owns 16,522 shares of the entertainment giant’s stock worth $1,840,000 after acquiring an additional 1,726 shares in the last quarter. Finally, AMF Tjanstepension AB boosted its stake in Walt Disney by 11.0% during the fourth quarter. AMF Tjanstepension AB now owns 286,837 shares of the entertainment giant’s stock worth $31,952,000 after acquiring an additional 28,453 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Up 0.1 %

NYSE:DIS opened at $105.58 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock has a fifty day simple moving average of $110.30 and a 200-day simple moving average of $103.96. The company has a market cap of $190.87 billion, a price-to-earnings ratio of 34.39, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, 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 legal filing with the SEC, which can be accessed through this link. 0.16% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Bank of America increased their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Needham & Company LLC reissued a “buy” rating and set a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Sanford C. Bernstein increased their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, November 15th. Evercore ISI raised their price objective on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Finally, Citigroup reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $125.64.

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.