Fort Sheridan Advisors LLC Sells 4,348 Shares of The Walt Disney Company (NYSE:DIS)

Fort Sheridan Advisors LLC decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 21.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,701 shares of the entertainment giant’s stock after selling 4,348 shares during the period. Fort Sheridan Advisors LLC’s holdings in Walt Disney were worth $1,418,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in DIS. Vanguard Group Inc. grew its holdings in Walt Disney by 0.7% in the third quarter. Vanguard Group Inc. now owns 149,887,754 shares of the entertainment giant’s stock worth $12,148,402,000 after purchasing an additional 994,575 shares during the period. Morgan Stanley grew its holdings in shares of Walt Disney by 0.4% in the third quarter. Morgan Stanley now owns 44,318,444 shares of the entertainment giant’s stock worth $3,592,010,000 after acquiring an additional 195,512 shares during the period. Trian Fund Management L.P. lifted its holdings in Walt Disney by 411.6% in the third quarter. Trian Fund Management L.P. now owns 32,868,307 shares of the entertainment giant’s stock valued at $2,663,976,000 after acquiring an additional 26,443,257 shares during the period. Northern Trust Corp lifted its stake in shares of Walt Disney by 10.6% during the 3rd quarter. Northern Trust Corp now owns 24,859,476 shares of the entertainment giant’s stock valued at $2,014,861,000 after buying an additional 2,384,407 shares in the last quarter. Finally, Norges Bank bought a new stake in Walt Disney during the fourth quarter valued at about $1,938,647,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Trading Down 0.7 %

NYSE:DIS traded down $0.68 during trading hours on Thursday, reaching $100.12. 10,156,572 shares of the stock were exchanged, compared to its average volume of 11,581,132. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74. The company has a market capitalization of $182.52 billion, a price-to-earnings ratio of 108.57, a PEG ratio of 1.28 and a beta of 1.40. The business has a 50-day moving average of $108.11 and a two-hundred day moving average of $103.90.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $22.12 billion. During the same period in the prior year, the company earned $0.93 earnings per share. The business’s revenue was up 1.2% compared to the same quarter last year. On average, equities analysts predict that The Walt Disney Company will post 4.76 EPS for the current year.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, Director James P. Gorman purchased 20,000 shares of the stock in a transaction on Wednesday, May 8th. The stock was bought at an average price of $106.03 per share, for a total transaction of $2,120,600.00. Following the acquisition, the director now directly owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The sale was disclosed in a filing with the SEC, which is accessible through 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 price of $106.03 per share, with a total value 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 disclosure for this purchase can be found here. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Raymond James upped their price objective on Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 26th. Barclays cut their price objective on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating for the company in a report on Wednesday, May 8th. Guggenheim upped their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, April 3rd. Loop Capital lifted their price target on shares of Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a report on Monday, May 6th. Finally, Morgan Stanley increased their price objective on shares of Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, March 4th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $126.29.

Walt Disney Company 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.