Mountain Pacific Investment Advisers Inc. ID Sells 624 Shares of The Walt Disney Company (NYSE: DIS)


Mountain Pacific Investment Advisers Inc. ID decreased its holdings in The Walt Disney Company (NYSE:DIS – Get Rating ) by 24.0% during the first quarter, HoldingsChannel.com reports. The fund owned 1,980 shares of the entertainment giant’s stock after selling 624 shares during the quarter. The holdings of Mountain Pacific Investment Advisers Inc. ID in Walt Disney were worth $272,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Syverson Strege & Co raised its stake in shares of Walt Disney by 384.8% during the fourth quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant’s stock valued at $25,000 after buying an additional 127 shares during the last quarter. Sandy Cove Advisors LLC acquired a new stake in shares of Walt Disney in the fourth quarter valued at $27,000. MBM Wealth Consultants LLC raised its stake in shares of Walt Disney by 94.7% in the fourth quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant’s stock valued at $34,000 after purchasing an additional 107 shares during the last quarter. Joseph Group Capital Management acquired a new stake in shares of Walt Disney in the fourth quarter valued at $1,573,000. Finally, Advanced Research Investment Solutions LLC boosted its stake in shares of Walt Disney by 46.0% in the fourth quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant’s stock valued at $36,000 after purchasing an additional 75 shares in the last quarter. 64.17% of the shares are owned by institutional investors.

DIS opened at $96.14 on Friday. The firm’s 50-day simple moving average is $104.51, and its 200-day simple moving average is $129.84. The company has a debt-to-equity ratio of 0.49, a quick earnings ratio of 1.01 and a current ratio of 1.06. The Walt Disney Company has a twelve month low of $92.01 and a twelve month high of $187.58. The firm has a market cap of $175.04 billion, a price-to-earnings ratio of 66.30, a PEG ratio of 1.14 and a beta of 1.21.

Walt Disney (NYSE:DIS – Get Rating ) last posted its earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.11). Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. In the same quarter last year, the business reported $0.79 earnings per share. As a group of sell-side analysts expect The Walt Disney Company to post 4.03 EPS for the current fiscal year.

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Walt Disney from $200.00 to $175.00 and set an “overweight” rating for the company in a research note on Tuesday, April 19th. Credit Suisse Group reduced their target price on shares of Walt Disney from $218.00 to $170.00 in a research note on Thursday, May 12th. Moffett Nathanson cut their target price on shares of Walt Disney from $165.00 to $150.00 and set a “neutral” rating for the company in a research note on Monday, March 7th. Daiwa Capital Markets cut their target price on shares of Walt Disney from $201.00 to $151.00 and set a “buy” rating for the company in a research note on Tuesday, May 24th. Finally, Rosenblatt Securities assumed coverage on shares of Walt Disney in a research note on Tuesday, April 19th. They set a “buy” rating and a $177.00 target price for the company. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Moderate Buy” and an average target price of $165.76, based on data from MarketBeat.com.

Walt Disney Company Profile (Get Rating)

The Walt Disney Company, together with its subsidiaries, operates as a worldwide entertainment company. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, experiences and products. The company produces and distributes film and episodic television content, and operates broadcast television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic and Star brands; and studios that produce films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar and Searchlight Pictures banners.

Read more

Want to see what other hedge funds hold DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS – Get Rating).

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



Get Walt Disney Daily news and reviews – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Walt Disney and related companies with MarketBeat.com ‘s FREE daily email newsletter.

Leave a Comment

Your email address will not be published.