RiverPark Advisors LLC Reduces Holdings in Walt Disney Co (DIS)

RiverPark Advisors LLC decreased its holdings in shares of Walt Disney Co (NYSE:DIS) by 59.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,101 shares of the entertainment giant’s stock after selling 29,940 shares during the quarter. RiverPark Advisors LLC’s holdings in Walt Disney were worth $1,981,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in DIS. ST Germain D J Co. Inc. increased its stake in shares of Walt Disney by 14.8% during the 2nd quarter. ST Germain D J Co. Inc. now owns 11,234 shares of the entertainment giant’s stock worth $1,194,000 after purchasing an additional 1,446 shares during the last quarter. Whitnell & Co. boosted its holdings in shares of Walt Disney by 4.9% during the 2nd quarter. Whitnell & Co. now owns 36,575 shares of the entertainment giant’s stock worth $3,886,000 after buying an additional 1,725 shares during the period. Brave Asset Management Inc. boosted its holdings in shares of Walt Disney by 21.8% during the 2nd quarter. Brave Asset Management Inc. now owns 17,590 shares of the entertainment giant’s stock worth $1,869,000 after buying an additional 3,153 shares during the period. Papp L Roy & Associates boosted its holdings in shares of Walt Disney by 1.2% during the 2nd quarter. Papp L Roy & Associates now owns 93,777 shares of the entertainment giant’s stock worth $9,964,000 after buying an additional 1,102 shares during the period. Finally, Enterprise Financial Services Corp boosted its holdings in shares of Walt Disney by 7.0% during the 2nd quarter. Enterprise Financial Services Corp now owns 5,842 shares of the entertainment giant’s stock worth $621,000 after buying an additional 382 shares during the period. Institutional investors own 61.12% of the company’s stock.

DIS has been the subject of several recent analyst reports. Goldman Sachs Group upped their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Citigroup reaffirmed a “buy” rating and set a $119.00 price objective on shares of Walt Disney in a report on Wednesday, November 1st. Piper Jaffray Companies set a $130.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a report on Tuesday, October 31st. JPMorgan Chase & Co. set a $125.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a report on Friday, November 10th. Finally, Vetr downgraded shares of Walt Disney from a “strong-buy” rating to a “buy” rating and set a $110.51 price objective for the company. in a report on Thursday, October 19th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $118.61.

Shares of Walt Disney Co (DIS) opened at $103.39 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. Walt Disney Co has a 1-year low of $96.20 and a 1-year high of $116.10. The firm has a market cap of $155,013.95, a price-to-earnings ratio of 17.07, a price-to-earnings-growth ratio of 1.79 and a beta of 1.30.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.28. The company 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 firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the firm earned $1.55 EPS. equities research analysts predict that Walt Disney Co will post 6.8 earnings per share for the current year.

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Walt Disney 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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