Weatherly Asset Management L. P. Sells 555 Shares of The Walt Disney Company (NYSE:DIS)

Weatherly Asset Management L. P. decreased its stake in The Walt Disney Company (NYSE:DIS – Get Rating) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 83,786 shares of the entertainment giant’s stock after selling 555 shares during the quarter. Walt Disney comprises 1.0% of Weatherly Asset Management L. P.’s portfolio, making the stock its 26th biggest holding. Weatherly Asset Management L. P.’s holdings in Walt Disney were worth $7,279,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Butensky & Cohen Financial Security Inc. boosted its holdings in shares of Walt Disney by 6.0% in the 4th quarter. Butensky & Cohen Financial Security Inc. now owns 24,815 shares of the entertainment giant’s stock worth $2,156,000 after purchasing an additional 1,413 shares during the period. American National Bank boosted its holdings in shares of Walt Disney by 26.7% in the 4th quarter. American National Bank now owns 27,442 shares of the entertainment giant’s stock worth $2,384,000 after purchasing an additional 5,777 shares during the period. Stableford Capital II LLC boosted its holdings in Walt Disney by 13.0% during the 4th quarter. Stableford Capital II LLC now owns 8,758 shares of the entertainment giant’s stock valued at $830,000 after acquiring an additional 1,006 shares during the period. Apella Capital LLC boosted its holdings in Walt Disney by 19.2% during the 4th quarter. Apella Capital LLC now owns 5,139 shares of the entertainment giant’s stock valued at $447,000 after acquiring an additional 828 shares during the period. Finally, BCS Wealth Management boosted its holdings in Walt Disney by 11.6% during the 4th quarter. BCS Wealth Management now owns 2,887 shares of the entertainment giant’s stock valued at $251,000 after acquiring an additional 300 shares during the period. Hedge funds and other institutional investors own 62.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on DIS shares. Huber Research started coverage on Walt Disney in a report on Tuesday, January 17th. They set an “overweight” rating for the company. Macquarie boosted their price objective on Walt Disney from $110.00 to $122.00 and gave the company an “outperform” rating in a report on Tuesday, January 31st. StockNews.com started coverage on Walt Disney in a report on Thursday. They set a “sell” rating for the company. KeyCorp boosted their price objective on Walt Disney from $119.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 9th. Finally, Royal Bank of Canada set a $130.00 target price on Walt Disney in a report on Monday, November 21st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and twenty have given a buy rating to the company. According to data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $128.92.

Insider Activity

In related news, CFO Christine M. Mccarthy sold 42,533 shares of the company’s stock in a transaction that occurred on Thursday, January 12th. The stock was sold at an average price of $98.46, for a total value of $4,187,799.18. Following the sale, the chief financial officer now owns 181,830 shares in the company, valued at $17,902,981.80. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, EVP Brent Woodford sold 18,110 shares of the business’s stock in a transaction dated Thursday, January 12th. The stock was sold at an average price of $98.46, for a total value of $1,783,110.60. Following the completion of the transaction, the executive vice president now owns 33,186 shares of the company’s stock, valued at approximately $3,267,493.56. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Christine M. Mccarthy sold 42,533 shares of the firm’s stock in a transaction dated Thursday, January 12th. The stock was sold at an average price of $98.46, for a total value of $4,187,799.18. Following the sale, the chief financial officer now directly owns 181,830 shares in the company, valued at $17,902,981.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 62,921 shares of company stock valued at $6,209,132. Company insiders own 0.10% of the company’s stock.

Walt Disney Stock Down 1.2 %

NYSE:DIS traded down $1.09 during mid-day trading on Friday, hitting $93.20. 12,943,192 shares of the company’s stock traded hands, compared to its average volume of 11,562,286. The company has a fifty day moving average of $102.55 and a 200 day moving average of $99.80. The Walt Disney Company has a twelve month low of $84.07 and a twelve month high of $144.46. The company has a market capitalization of $170.26 billion, a P/E ratio of 51.21, a P/E/G ratio of 2.29 and a beta of 1.30. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.93 and a current ratio of 0.99.

Walt Disney (NYSE:DIS – Get Rating) last announced its quarterly earnings data on Wednesday, February 8th. The entertainment giant reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.30. The firm had revenue of $23.51 billion for the quarter, compared to analyst estimates of $23.29 billion. Walt Disney had a net margin of 3.93% and a return on equity of 6.72%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.06 earnings per share. On average, analysts forecast that The Walt Disney Company will post 3.98 EPS for the current year.

Walt Disney Profile

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The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.