Humankind Investments LLC Lowers Stock Holdings in The Walt Disney Company (NYSE:DIS)

Humankind Investments LLC cut its holdings in shares of The Walt Disney Company (NYSE:DIS) by 9.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,635 shares of the entertainment giant’s stock after selling 919 shares during the period. Humankind Investments LLC’s holdings in Walt Disney were worth $780,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Planned Solutions Inc. acquired a new position in shares of Walt Disney in the fourth quarter worth $26,000. Gold Investment Management Ltd. purchased a new position in shares of Walt Disney in the 4th quarter valued at about $28,000. Fortis Group Advisors LLC acquired a new position in shares of Walt Disney during the third quarter worth about $30,000. Stone House Investment Management LLC increased its stake in shares of Walt Disney by 355.3% during the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after buying an additional 270 shares during the period. Finally, Partnership Wealth Management LLC acquired a new stake in Walt Disney in the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Tigress Financial restated a “buy” rating and issued a $136.00 price objective on shares of Walt Disney in a report on Wednesday, February 21st. UBS Group cut their target price on Walt Disney from $140.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. Guggenheim upped their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, April 3rd. Bank of America raised their price objective on shares of Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Finally, Barclays dropped their target price on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have assigned a buy rating to the company’s stock. According to MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $126.29.

Walt Disney Price Performance

Shares of Walt Disney stock traded up $0.33 during trading on Friday, reaching $101.54. The company’s stock had a trading volume of 6,047,828 shares, compared to its average volume of 9,302,626. The business has a 50 day moving average price of $109.29 and a 200-day moving average price of $103.84. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74. The company has a market capitalization of $185.11 billion, a P/E ratio of 110.37, a price-to-earnings-growth ratio of 1.26 and a beta of 1.40. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38.

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