The Walt Disney Company (NYSE:DIS) Shares Sold by Mirador Capital Partners LP

Posted by on Jun 26th, 2023

Mirador Capital Partners LP reduced its position in shares of The Walt Disney Company (NYSE:DIS – Get Rating) by 81.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,638 shares of the entertainment giant’s stock after selling 25,334 shares during the period. Mirador Capital Partners LP’s holdings in Walt Disney were worth $564,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Dohj LLC raised its position in Walt Disney by 1.2% in the fourth quarter. Dohj LLC now owns 7,511 shares of the entertainment giant’s stock worth $653,000 after acquiring an additional 91 shares in the last quarter. Marks Group Wealth Management Inc grew its stake in shares of Walt Disney by 2.8% during the 4th quarter. Marks Group Wealth Management Inc now owns 3,449 shares of the entertainment giant’s stock worth $300,000 after purchasing an additional 94 shares during the period. Wealth Advisory Solutions LLC increased its holdings in shares of Walt Disney by 1.6% in the 4th quarter. Wealth Advisory Solutions LLC now owns 5,981 shares of the entertainment giant’s stock valued at $520,000 after purchasing an additional 94 shares in the last quarter. Boston Common Asset Management LLC lifted its stake in shares of Walt Disney by 1.3% in the fourth quarter. Boston Common Asset Management LLC now owns 7,735 shares of the entertainment giant’s stock valued at $672,000 after purchasing an additional 99 shares during the period. Finally, Compton Capital Management Inc. RI boosted its holdings in Walt Disney by 0.5% during the first quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock worth $2,838,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 63.67% of the company’s stock.

Insider Activity

In related news, EVP Brent Woodford sold 1,145 shares of the firm’s stock in a transaction that occurred on Tuesday, April 25th. The shares were sold at an average price of $99.16, for a total value of $113,538.20. Following the transaction, the executive vice president now owns 29,138 shares in the company, valued at $2,889,324.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Trading Down 0.4 %

Shares of DIS stock opened at $88.10 on Monday. The firm’s 50-day simple moving average is $94.18 and its 200-day simple moving average is $96.95. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.01 and a quick ratio of 0.94. The Walt Disney Company has a 1-year low of $84.07 and a 1-year high of $126.48. The firm has a market cap of $160.99 billion, a P/E ratio of 39.16, a PEG ratio of 1.95 and a beta of 1.30.

Walt Disney (NYSE:DIS – Get Rating) last announced its quarterly earnings results on Wednesday, May 10th. The entertainment giant reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The company had revenue of $21.82 billion for the quarter, compared to analyst estimates of $21.82 billion. Walt Disney had a net margin of 4.74% and a return on equity of 6.41%. During the same quarter last year, the business earned $1.08 EPS. As a group, equities analysts forecast that The Walt Disney Company will post 3.83 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DIS shares. Barclays dropped their target price on shares of Walt Disney from $107.00 to $88.00 in a report on Wednesday, June 21st. Truist Financial reduced their price objective on Walt Disney from $121.00 to $105.00 in a report on Tuesday, May 30th. Wolfe Research lowered Walt Disney from an “outperform” rating to a “peer perform” rating in a report on Friday, May 12th. Deutsche Bank Aktiengesellschaft lifted their price target on Walt Disney from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Tuesday, April 18th. Finally, Morgan Stanley lowered their price objective on shares of Walt Disney from $120.00 to $110.00 in a research note on Monday, June 5th. One analyst has rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $122.27.

Walt Disney Profile

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The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.

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

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