Banco Santander S.A. lessened its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 23.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 101,575 shares of the entertainment giant's stock after selling 31,351 shares during the period. Banco Santander S.A.'s holdings in Walt Disney were worth $11,310,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the business. Farmers Trust Co. grew its holdings in shares of Walt Disney by 1.1% during the fourth quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant's stock valued at $945,000 after purchasing an additional 92 shares during the last quarter. Pathway Financial Advisors LLC grew its stake in Walt Disney by 2.7% during the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock worth $386,000 after buying an additional 92 shares during the last quarter. Prossimo Advisors LLC grew its stake in Walt Disney by 1.1% during the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock worth $972,000 after buying an additional 92 shares during the last quarter. Saxon Interests Inc. grew its stake in Walt Disney by 2.8% during the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant's stock worth $380,000 after buying an additional 93 shares during the last quarter. Finally, Onefund LLC grew its position in shares of Walt Disney by 2.0% during the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock worth $541,000 after acquiring an additional 93 shares during the last quarter. Institutional investors own 65.71% of the company's stock.
Shares of DIS opened at $105.58 on Friday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a 50-day moving average of $110.30 and a two-hundred day moving average of $103.96. The stock has a market cap of $190.87 billion, a price-to-earnings ratio of 34.39, a PEG ratio of 1.80 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.
Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, equities research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.
DIS has been the subject of several recent analyst reports. Evercore ISI upped their target price on shares of Walt Disney from $128.00 to $134.00 and gave the stock an "outperform" rating in a research report on Monday, November 18th. Loop Capital increased their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday. TD Cowen increased their price target on Walt Disney from $108.00 to $123.00 and gave the stock a "hold" rating in a research note on Friday, November 15th. Morgan Stanley increased their price target on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Finally, Jefferies Financial Group initiated coverage on Walt Disney in a research note on Wednesday, December 4th. They issued a "hold" rating and a $120.00 price target for the company. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and an average target price of $125.64.
Get Our Latest Research Report on DIS
In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,054,870.70. This trade represents a 15.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.16% of the stock is currently owned by insiders.
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.
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