LM Advisors LLC Sells 411 Shares of The Walt Disney Company (NYSE:DIS)

LM Advisors LLC cut its holdings in The Walt Disney Company (NYSE:DIS) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,052 shares of the entertainment giant’s stock after selling 411 shares during the quarter. LM Advisors LLC’s holdings in Walt Disney were worth $1,460,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DIS. FPC Investment Advisory Inc. purchased a new stake in Walt Disney in the 4th quarter valued at about $28,000. Tacita Capital Inc lifted its position in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after purchasing an additional 124 shares during the last quarter. Midwest Capital Advisors LLC bought a new position in Walt Disney during the fourth quarter valued at approximately $34,000. Bay Harbor Wealth Management LLC purchased a new stake in Walt Disney during the 4th quarter valued at about $35,000. Finally, Vision Financial Markets LLC bought a new stake in Walt Disney in the fourth quarter valued at $39,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Price Performance

NYSE:DIS opened at $100.65 on Thursday. The company has a 50 day moving average price of $107.61 and a 200-day moving average price of $105.04. 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 cap of $181.95 billion, a price-to-earnings ratio of 32.79, 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.

Walt Disney (NYSE:DIS) last issued its quarterly 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%. Equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DIS. Citigroup reiterated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Rosenblatt Securities restated a “buy” rating and set a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Morgan Stanley lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. The Goldman Sachs Group raised their price target on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Finally, Prescient Securities dropped their target price on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.