The Walt Disney Company (NYSE:DIS) Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc trimmed its position in The Walt Disney Company (NYSE:DIS) by 22.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,664,971 shares of the entertainment giant’s stock after selling 478,117 shares during the quarter. Ensign Peak Advisors Inc owned approximately 0.09% of Walt Disney worth $165,315,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Mcdonald Partners LLC grew its stake in shares of Walt Disney by 0.5% in 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 period. Sendero Wealth Management LLC raised its holdings in shares of Walt Disney by 2.0% in the 1st 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 last quarter. McKinley Carter Wealth Services Inc. lifted its position in Walt Disney by 1.5% in the 1st quarter. McKinley Carter Wealth Services Inc. now owns 5,894 shares of the entertainment giant’s stock valued at $721,000 after acquiring an additional 89 shares in the last quarter. Pflug Koory LLC boosted its stake in Walt Disney by 1.0% during the 1st quarter. Pflug Koory LLC now owns 8,993 shares of the entertainment giant’s stock valued at $1,100,000 after purchasing an additional 91 shares during the last quarter. Finally, Regent Peak Wealth Advisors LLC increased its holdings in Walt Disney by 3.5% during the 1st quarter. Regent Peak Wealth Advisors LLC now owns 2,801 shares of the entertainment giant’s stock worth $343,000 after purchasing an additional 94 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $93.69 on Friday. The Walt Disney Company has a 12 month low of $78.73 and a 12 month high of $123.74. The firm’s 50-day moving average is $90.67 and its 200 day moving average is $101.96. The company has a market capitalization of $170.80 billion, a price-to-earnings ratio of 101.84, a PEG ratio of 1.31 and a beta of 1.40. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.19. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The company had revenue of $23.20 billion for the quarter, compared to analyst estimates of $23.08 billion. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. Research analysts predict that The Walt Disney Company will post 4.92 EPS for the current year.

Insider Activity at Walt Disney

In other news, Director Calvin Mcdonald acquired 11,756 shares of Walt Disney stock in a transaction dated Thursday, August 8th. The stock was purchased at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the purchase, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on DIS shares. Loop Capital cut their target price on Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft reduced their price objective on Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a report on Thursday, August 8th. The Goldman Sachs Group began coverage on shares of Walt Disney in a research report on Tuesday, June 25th. They issued a “buy” rating and a $125.00 price objective for the company. UBS Group lowered their price objective on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Finally, Moffett Nathanson lowered their price target on Walt Disney from $130.00 to $125.00 and set a “buy” rating on the stock in a report on Tuesday, July 2nd. Three research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $118.43.

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.