SYSTM Wealth Solutions LLC Sells 132 Shares of The Walt Disney Company (NYSE:DIS)

SYSTM Wealth Solutions LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 3.7% in the second quarter, Holdings Channel.com reports. The firm owned 3,469 shares of the entertainment giant’s stock after selling 132 shares during the period. SYSTM Wealth Solutions LLC’s holdings in Walt Disney were worth $344,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Mcdonald Partners LLC raised its stake in Walt Disney by 0.5% during the first quarter. Mcdonald Partners LLC now owns 17,975 shares of the entertainment giant’s stock valued at $2,199,000 after buying an additional 88 shares during the last quarter. McKinley Carter Wealth Services Inc. raised its position in shares of Walt Disney by 1.5% in the 1st quarter. McKinley Carter Wealth Services Inc. now owns 5,894 shares of the entertainment giant’s stock worth $721,000 after purchasing an additional 89 shares during the last quarter. Sendero Wealth Management LLC boosted its stake in Walt Disney by 2.0% in the 1st quarter. Sendero Wealth Management LLC now owns 4,649 shares of the entertainment giant’s stock worth $569,000 after purchasing an additional 89 shares in the last quarter. Pflug Koory LLC grew its position in Walt Disney by 1.0% during the 1st quarter. Pflug Koory LLC now owns 8,993 shares of the entertainment giant’s stock valued at $1,100,000 after purchasing an additional 91 shares during the last quarter. Finally, Regent Peak Wealth Advisors LLC grew its position in Walt Disney by 3.5% during the 1st quarter. Regent Peak Wealth Advisors LLC now owns 2,801 shares of the entertainment giant’s stock valued at $343,000 after purchasing an additional 94 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Walt Disney news, Director Calvin Mcdonald acquired 11,756 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was purchased at an average price of $85.06 per share, with a total value of $999,965.36. Following the completion of the purchase, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Walt Disney Trading Up 0.8 %

Shares of NYSE:DIS opened at $93.59 on Thursday. The stock has a 50 day moving average of $90.80 and a 200 day moving average of $102.16. The company has a market cap of $170.62 billion, a PE ratio of 101.73, a price-to-earnings-growth ratio of 1.31 and a beta of 1.40. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.19. The firm had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.03 earnings per share. As a group, equities research analysts expect that The Walt Disney Company will post 4.92 EPS for the current year.

Analyst Upgrades and Downgrades

DIS has been the subject of a number of recent analyst reports. Raymond James decreased their price objective on shares of Walt Disney from $123.00 to $101.00 and set an “outperform” rating for the company in a report on Thursday, August 8th. Needham & Company LLC decreased their price target on Walt Disney from $145.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Moffett Nathanson dropped their price objective on Walt Disney from $130.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, July 2nd. Macquarie reduced their price objective on Walt Disney from $107.00 to $94.00 and set a “neutral” rating for the company in a report on Monday, August 12th. Finally, Evercore ISI lowered their target price on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $117.95.

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.