Citizens Financial Group Inc. RI Has $24.74 Million Position in The Walt Disney Company (NYSE:DIS)

Citizens Financial Group Inc. RI reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 222,213 shares of the entertainment giant’s stock after selling 8,317 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Walt Disney were worth $24,743,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. acquired a new position in shares of Walt Disney in the fourth quarter worth $28,000. Tacita Capital Inc boosted its holdings in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Midwest Capital Advisors LLC bought a new stake in Walt Disney in the fourth quarter worth $34,000. Bay Harbor Wealth Management LLC bought a new stake in Walt Disney in the fourth quarter worth $35,000. Finally, Vision Financial Markets LLC bought a new stake in Walt Disney in the fourth quarter worth $39,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on DIS shares. Prescient Securities decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Jefferies Financial Group started coverage on shares of Walt Disney in a report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price objective for the company. 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 reiterated a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Finally, 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. Six equities 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 company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $125.64.

Insider Transactions at Walt Disney

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

Walt Disney Price Performance

DIS opened at $103.14 on Tuesday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. 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 company’s 50 day simple moving average is $110.15 and its 200-day simple moving average is $104.24. The stock has a market capitalization of $186.46 billion, a P/E ratio of 33.60, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data 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 net margin of 6.07% and a return on equity of 9.95%. Sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.