Commonwealth Equity Services LLC Has $93.64 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Commonwealth Equity Services LLC lowered its stake in The Walt Disney Company (NYSE:DIS) by 7.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,048,777 shares of the entertainment giant’s stock after selling 81,680 shares during the period. Commonwealth Equity Services LLC owned approximately 0.06% of Walt Disney worth $93,635,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich boosted its stake in Walt Disney by 102,919.5% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 458,556,073 shares of the entertainment giant’s stock valued at $40,939,886,000 after purchasing an additional 458,110,957 shares during the period. Moneta Group Investment Advisors LLC boosted its position in shares of Walt Disney by 109,924.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 23,666,275 shares of the entertainment giant’s stock valued at $2,056,126,000 after acquiring an additional 23,644,765 shares during the period. Norges Bank acquired a new position in shares of Walt Disney in the fourth quarter valued at about $1,433,075,000. Providence Capital Advisors LLC grew its stake in shares of Walt Disney by 11,064.4% in the first quarter. Providence Capital Advisors LLC now owns 10,982,227 shares of the entertainment giant’s stock valued at $109,679,000 after acquiring an additional 10,883,859 shares in the last quarter. Finally, Trian Fund Management L.P. acquired a new position in shares of Walt Disney in the fourth quarter valued at about $784,509,000. 61.17% of the stock is owned by institutional investors.

Walt Disney Trading Down 0.4 %

NYSE DIS traded down $0.36 during trading hours on Friday, reaching $94.15. The company’s stock had a trading volume of 12,201,304 shares, compared to its average volume of 13,275,981. The firm has a fifty day simple moving average of $83.95 and a 200-day simple moving average of $87.31. The stock has a market cap of $172.27 billion, a P/E ratio of 73.57, a P/E/G ratio of 1.65 and a beta of 1.30. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $118.18. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.05 and a quick ratio of 0.99.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, November 8th. The entertainment giant reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.15. The business had revenue of $21.24 billion during the quarter, compared to analyst estimates of $21.37 billion. Walt Disney had a net margin of 2.65% and a return on equity of 7.31%. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the business earned $0.30 EPS. Equities analysts forecast that The Walt Disney Company will post 4.53 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on DIS. Seaport Res Ptn restated a “buy” rating on shares of Walt Disney in a research note on Friday, October 6th. Needham & Company LLC restated a “hold” rating on shares of Walt Disney in a research note on Wednesday, September 20th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Walt Disney from $131.00 to $120.00 in a research note on Tuesday, August 8th. Sanford C. Bernstein initiated coverage on shares of Walt Disney in a research note on Thursday, October 5th. They issued an “outperform” rating and a $103.00 price target on the stock. Finally, Credit Suisse Group reduced their price objective on shares of Walt Disney from $126.00 to $122.00 and set an “outperform” rating on the stock in a research note on Monday, August 21st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twenty have issued a buy rating to the company. According to MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $113.30.

About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.