Uncommon Cents Investing LLC Decreases Stock Holdings in The Walt Disney Company (NYSE:DIS)

Uncommon Cents Investing LLC lessened its stake in shares of The Walt Disney Company (NYSE:DIS) by 4.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,334 shares of the entertainment giant’s stock after selling 444 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Walt Disney were worth $1,264,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Mcdonald Partners LLC raised its stake in Walt Disney by 0.5% during the 1st 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. Sendero Wealth Management LLC grew its holdings in shares of Walt Disney by 2.0% in the first quarter. Sendero Wealth Management LLC now owns 4,649 shares of the entertainment giant’s stock worth $569,000 after acquiring an additional 89 shares during the period. Pflug Koory LLC increased its position in Walt Disney by 1.0% during the first quarter. Pflug Koory LLC now owns 8,993 shares of the entertainment giant’s stock valued at $1,100,000 after acquiring an additional 91 shares during the last quarter. McLean Asset Management Corp lifted its holdings in Walt Disney by 3.2% in the first quarter. McLean Asset Management Corp now owns 3,137 shares of the entertainment giant’s stock valued at $370,000 after acquiring an additional 96 shares during the period. Finally, Destiny Wealth Partners LLC boosted its position in Walt Disney by 2.9% in the first quarter. Destiny Wealth Partners LLC now owns 3,517 shares of the entertainment giant’s stock worth $430,000 after purchasing an additional 98 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Price Performance

Shares of DIS traded up $0.62 during midday trading on Thursday, hitting $98.61. 5,029,969 shares of the company traded hands, compared to its average volume of 9,798,412. The stock has a market cap of $179.77 billion, a price-to-earnings ratio of 107.19, a PEG ratio of 1.22 and a beta of 1.40. The firm has a 50 day moving average of $103.86 and a 200-day moving average of $104.76. 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 Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.09. The business had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.93 EPS. On average, analysts forecast that The Walt Disney Company will post 4.75 EPS for the current fiscal year.

Insider Buying and Selling

In other Walt Disney news, Director James P. Gorman purchased 20,000 shares of the stock in a transaction that occurred 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 acquisition, the director now owns 20,467 shares in the company, valued at $2,170,116.01. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP Sonia L. Coleman sold 4,400 shares of the stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total value of $466,400.00. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director James P. Gorman bought 20,000 shares of the stock in a transaction dated 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 acquisition, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. The Goldman Sachs Group initiated coverage on shares of Walt Disney in a research report on Tuesday, June 25th. They set a “buy” rating and a $125.00 price target for the company. Macquarie increased their price target on shares of Walt Disney from $104.00 to $107.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Argus lifted their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Bank of America upped their price objective on Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Finally, Barclays lowered their target price on 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 equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-three have assigned a buy rating to the company. According to MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target of $126.44.

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.