The Walt Disney Company (NYSE:DIS) Holdings Trimmed by Ameliora Wealth Management Ltd.

Ameliora Wealth Management Ltd. trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 10.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,000 shares of the entertainment giant’s stock after selling 367 shares during the period. Ameliora Wealth Management Ltd.’s holdings in Walt Disney were worth $367,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. Planned Solutions Inc. purchased a new position in shares of Walt Disney during the 4th quarter valued at $26,000. Gold Investment Management Ltd. bought a new stake in Walt Disney in the fourth quarter worth $28,000. Fortis Group Advisors LLC bought a new stake in Walt Disney in the third quarter worth $30,000. Stone House Investment Management LLC boosted its holdings in Walt Disney by 355.3% in the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after purchasing an additional 270 shares in the last quarter. Finally, Partnership Wealth Management LLC bought a new stake in Walt Disney in the fourth quarter worth $33,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Sonia L. Coleman sold 4,400 shares of the 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, EVP Sonia L. Coleman sold 4,400 shares of the stock in a transaction that occurred 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 document filed with the SEC, which can be accessed through this link. Also, EVP Sonia L. Coleman sold 1,857 shares of the stock in a transaction that occurred 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 in the company, valued at $536,448. The disclosure for this sale can be found here. 0.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DIS. Bank of America upped 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. Argus upped their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. UBS Group decreased their price objective on shares of Walt Disney from $140.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, May 8th. JPMorgan Chase & Co. began coverage on shares of Walt Disney in a report on Thursday, April 11th. They issued an “overweight” rating and a $140.00 price objective for the company. Finally, Barclays cut their target price on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating for the company in a research report on Wednesday, May 8th. One investment 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $126.50.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $99.19 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $180.83 billion, a price-to-earnings ratio of 107.82, a P/E/G ratio of 1.27 and a beta of 1.40. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $123.74. The firm’s 50-day moving average price is $104.76 and its two-hundred day moving average price is $104.57.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating the consensus estimate 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 firm earned $0.93 earnings per share. Walt Disney’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 earnings per share for the current fiscal year.

About Walt Disney

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.