Haverford Trust Co Sells 2,904 Shares of The Walt Disney Company (NYSE:DIS)

Haverford Trust Co lessened its position in The Walt Disney Company (NYSE:DIS) by 4.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 66,213 shares of the entertainment giant’s stock after selling 2,904 shares during the quarter. Haverford Trust Co’s holdings in Walt Disney were worth $7,373,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. FPC Investment Advisory Inc. acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $28,000. Tacita Capital Inc raised its holdings in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after buying an additional 124 shares during the last quarter. Midwest Capital Advisors LLC bought a new stake in shares of Walt Disney during the fourth quarter worth about $34,000. Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney in the fourth quarter worth approximately $35,000. Finally, Vision Financial Markets LLC purchased a new stake in Walt Disney in the 4th quarter valued at $39,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Walt Disney stock opened at $99.51 on Monday. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. 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 firm has a 50-day moving average of $108.04 and a 200-day moving average of $104.78. The firm has a market cap of $179.89 billion, a P/E ratio of 32.41, a P/E/G ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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 expect that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on DIS. Macquarie reissued a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and boosted their price target for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. The Goldman Sachs Group increased their price objective on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Prescient Securities reduced their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Finally, Needham & Company LLC reissued a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. Six 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $125.64.

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.