Pathstone Family Office LLC trimmed its holdings in shares of Walt Disney Co (NYSE:DIS) by 28.4% in the 3rd quarter, Holdings Channel reports. The firm owned 6,874 shares of the entertainment giant’s stock after selling 2,725 shares during the period. Walt Disney makes up approximately 0.6% of Pathstone Family Office LLC’s portfolio, making the stock its 20th largest holding. Pathstone Family Office LLC’s holdings in Walt Disney were worth $677,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Amalgamated Bank raised its holdings in Walt Disney by 49.8% in the 2nd quarter. Amalgamated Bank now owns 180,632 shares of the entertainment giant’s stock worth $19,192,000 after acquiring an additional 60,088 shares during the last quarter. Tdam USA Inc. grew its position in Walt Disney by 4.1% in the 2nd quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock worth $20,666,000 after purchasing an additional 7,785 shares during the period. Walter & Keenan Financial Consulting Co. MI ADV grew its position in Walt Disney by 7.9% in the 2nd quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock worth $2,626,000 after purchasing an additional 1,800 shares during the period. Connecticut Wealth Management LLC grew its position in Walt Disney by 1.4% in the 2nd quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock worth $315,000 after purchasing an additional 42 shares during the period. Finally, Riverpark Capital Management LLC grew its position in Walt Disney by 15.2% in the 2nd quarter. Riverpark Capital Management LLC now owns 301,225 shares of the entertainment giant’s stock worth $32,005,000 after purchasing an additional 39,822 shares during the period. Institutional investors own 61.12% of the company’s stock.

A number of research firms have commented on DIS. JPMorgan Chase & Co. set a $125.00 target price on shares of Walt Disney and gave the stock a “buy” rating in a research report on Friday, November 10th. Piper Jaffray Companies set a $130.00 target price on shares of Walt Disney and gave the stock a “buy” rating in a research report on Tuesday, October 31st. Rosenblatt Securities raised shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Zacks Investment Research downgraded shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Finally, Vetr downgraded shares of Walt Disney from a “buy” rating to a “hold” rating and set a $106.77 target price for the company. in a research report on Monday, November 13th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $118.63.

Shares of Walt Disney Co (NYSE:DIS) opened at $103.09 on Monday. Walt Disney Co has a 1 year low of $96.20 and a 1 year high of $116.10. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.80 and a current ratio of 0.87. The stock has a market cap of $155,013.95, a price-to-earnings ratio of 17.07, a PEG ratio of 1.79 and a beta of 1.30.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.28. The firm had revenue of $15.35 billion during the quarter, compared to the consensus estimate of $15.47 billion. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.55 EPS. sell-side analysts forecast that Walt Disney Co will post 6.8 earnings per share for the current year.

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Walt Disney Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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