Schulhoff & Co. Inc. Sells 1,238 Shares of The Walt Disney Company (NYSE:DIS)

Schulhoff & Co. Inc. trimmed its holdings in shares of The Walt Disney Company (NYSE:DIS) by 14.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,053 shares of the entertainment giant’s stock after selling 1,238 shares during the period. Schulhoff & Co. Inc.’s holdings in Walt Disney were worth $678,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DIS. ESL Trust Services LLC purchased a new position in Walt Disney in the first quarter valued at about $31,000. William B. Walkup & Associates Inc. bought a new stake in shares of Walt Disney in the 2nd quarter worth approximately $32,000. Mascoma Wealth Management LLC raised its holdings in shares of Walt Disney by 38.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares during the period. First PREMIER Bank grew its holdings in Walt Disney by 98.1% during the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 256 shares during the period. Finally, J.Safra Asset Management Corp increased its position in Walt Disney by 78.2% in the first quarter. J.Safra Asset Management Corp now owns 540 shares of the entertainment giant’s stock worth $66,000 after buying an additional 237 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Up 1.7 %

Shares of DIS opened at $102.67 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The company has a market capitalization of $186.20 billion, a P/E ratio of 39.49, a P/E/G ratio of 1.64 and a beta of 1.40. The firm’s 50 day simple moving average is $94.62 and its 200 day simple moving average is $96.69.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on DIS shares. UBS Group cut their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Morgan Stanley reduced their target price on shares of Walt Disney from $130.00 to $110.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. Bank of America dropped their price target on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. Finally, Loop Capital dropped their target price on Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday, July 30th. Four equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $119.14.

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.