RWA Wealth Partners LLC Has $3.65 Million Stock Position in The Walt Disney Company (NYSE:DIS)

RWA Wealth Partners LLC reduced its holdings in The Walt Disney Company (NYSE:DIS) by 6.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,798 shares of the entertainment giant’s stock after selling 2,194 shares during the quarter. RWA Wealth Partners LLC’s holdings in Walt Disney were worth $3,652,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. United Bank raised its stake in shares of Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after buying an additional 712 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its position in shares of Walt Disney by 53.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 852,003 shares of the entertainment giant’s stock valued at $81,954,000 after purchasing an additional 297,017 shares during the period. Edgestream Partners L.P. increased its position in shares of Walt Disney by 68.2% during the third quarter. Edgestream Partners L.P. now owns 10,907 shares of the entertainment giant’s stock worth $1,049,000 after acquiring an additional 4,421 shares in the last quarter. Encompass More Asset Management raised its stake in shares of Walt Disney by 14.9% in the 3rd quarter. Encompass More Asset Management now owns 2,662 shares of the entertainment giant’s stock valued at $256,000 after purchasing an additional 345 shares during the period. Finally, Cobblestone Capital Advisors LLC NY raised its position in Walt Disney by 1.2% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 167,198 shares of the entertainment giant’s stock valued at $16,083,000 after buying an additional 1,953 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $98.02 on Monday. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.69. 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 market cap of $177.19 billion, a P/E ratio of 31.93, a P/E/G ratio of 1.80 and a beta of 1.41. The company has a 50 day moving average of $107.31 and a 200 day moving average of $105.19.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

DIS has been the topic of several analyst reports. Citigroup reissued a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. Macquarie reaffirmed a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Prescient Securities lowered their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Finally, Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price target for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $125.64.

About Walt Disney

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.