Diversified Trust Co Has $3.49 Million Position in The Walt Disney Company (NYSE:DIS)

Diversified Trust Co lessened its holdings in The Walt Disney Company (NYSE:DIS) by 1.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,478 shares of the entertainment giant’s stock after selling 528 shares during the quarter. Diversified Trust Co’s holdings in Walt Disney were worth $3,485,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Waverly Advisors LLC lifted its position in shares of Walt Disney by 7.4% in the 3rd quarter. Waverly Advisors LLC now owns 12,010 shares of the entertainment giant’s stock worth $973,000 after purchasing an additional 823 shares during the period. Stansberry Asset Management LLC acquired a new position in Walt Disney in the third quarter valued at $690,000. AQR Capital Management LLC boosted its position in Walt Disney by 490.9% during the third quarter. AQR Capital Management LLC now owns 299,359 shares of the entertainment giant’s stock valued at $24,122,000 after acquiring an additional 248,695 shares during the last quarter. Truist Financial Corp grew its holdings in Walt Disney by 5.7% during the 3rd quarter. Truist Financial Corp now owns 1,624,504 shares of the entertainment giant’s stock worth $131,666,000 after acquiring an additional 87,522 shares during the period. Finally, Advisors Asset Management Inc. raised its position in shares of Walt Disney by 10.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 23,343 shares of the entertainment giant’s stock worth $1,892,000 after acquiring an additional 2,217 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Down 1.3 %

Walt Disney stock opened at $98.02 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.69 and a current ratio of 0.75. The stock has a market cap of $178.69 billion, a PE ratio of 106.54, a price-to-earnings-growth ratio of 1.23 and a beta of 1.40. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The firm’s 50-day simple moving average is $104.76 and its 200 day simple moving average is $104.74.

Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.09. The company had revenue of $22.08 billion during the quarter, compared to analyst estimates of $22.12 billion. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. Walt Disney’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.93 earnings per share. Research analysts predict that The Walt Disney Company will post 4.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DIS. Needham & Company LLC restated a “buy” rating and set a $145.00 target price on shares of Walt Disney in a research report on Tuesday, May 7th. Barclays reduced their price objective on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating for the company in a research report on Wednesday, May 8th. Wells Fargo & Company boosted their target price on shares of Walt Disney from $128.00 to $141.00 and gave the company an “overweight” rating in a research report on Tuesday, April 23rd. Rosenblatt Securities raised their price target on shares of Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. started coverage on shares of Walt Disney in a report on Thursday, April 11th. They set an “overweight” rating and a $140.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $126.50.

Insider Activity

In related news, EVP Sonia L. Coleman sold 4,400 shares of the stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $106.00, for a total value of $466,400.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director James P. Gorman bought 20,000 shares of the firm’s stock in a transaction on Wednesday, May 8th. The stock was purchased at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the transaction, the director now directly owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The disclosure for this purchase can be found here. Insiders own 0.10% of the company’s stock.

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.