OneDigital Investment Advisors LLC Reduces Stake in The Walt Disney Company (NYSE:DIS)

OneDigital Investment Advisors LLC reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 4.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 40,588 shares of the entertainment giant’s stock after selling 2,058 shares during the period. OneDigital Investment Advisors LLC’s holdings in Walt Disney were worth $4,520,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of DIS. FPC Investment Advisory Inc. bought a new stake in shares of Walt Disney in the fourth quarter valued at $28,000. Tacita Capital Inc increased its holdings in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after acquiring an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in Walt Disney in the 4th quarter valued at about $32,000. Midwest Capital Advisors LLC purchased a new stake in Walt Disney during the fourth quarter valued at about $34,000. Finally, Bay Harbor Wealth Management LLC bought a new position in Walt Disney during the fourth quarter worth about $35,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on DIS. UBS Group lowered their price target on shares of Walt Disney from $130.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. The Goldman Sachs Group increased their target price on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Citigroup reaffirmed a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Loop Capital boosted their price objective on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Finally, Prescient Securities cut their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $123.75.

Walt Disney Price Performance

DIS opened at $86.19 on Wednesday. The stock has a market capitalization of $155.81 billion, a P/E ratio of 28.08, a PEG ratio of 1.80 and a beta of 1.44. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63. The stock has a 50-day moving average price of $98.26 and a 200-day moving average price of $104.32.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities analysts predict that The Walt Disney Company will post 5.47 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.