2 weeks Ago By ABMN Staff
Invst LLC increased its holdings in The Walt Disney Company ( NYSE:DIS – Free Report ) by 2.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 18,149 shares of the entertainment giant’s stock after acquiring an additional 348 shares during the quarter.
Invst LLC’s holdings in Walt Disney were worth $1,779,000 at the end of the most recent reporting period. Several other large investors also recently added to or reduced their stakes in DIS. William B.
Walkup & Associates Inc. purchased a new position in Walt Disney in the second quarter worth $32,000. Coastal Bridge Advisors LLC boosted its position in Walt Disney by 14.
3% during the second quarter. Coastal Bridge Advisors LLC now owns 13,240 shares of the entertainment giant’s stock valued at $1,315,000 after buying an additional 1,653 shares during the period. NewEdge Advisors LLC grew its stake in shares of Walt Disney by 6.
6% during the second quarter. NewEdge Advisors LLC now owns 107,283 shares of the entertainment giant’s stock valued at $10,652,000 after buying an additional 6,686 shares during the last quarter. Silver Lake Advisory LLC purchased a new position in shares of Walt Disney in the second quarter worth about $1,204,000.
Finally, Nemes Rush Group LLC lifted its stake in shares of Walt Disney by 6.7% in the 2nd quarter. Nemes Rush Group LLC now owns 11,828 shares of the entertainment giant’s stock valued at $1,174,000 after acquiring an additional 738 shares during the last quarter.
Institutional investors own 65.71% of the company’s stock. Wall Street Analysts Forecast Growth Several equities analysts recently issued reports on the company.
Bank of America reduced their price target on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th.
Loop Capital cut their price target on shares of Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, July 30th.
Morgan Stanley lowered their price objective 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.
Moffett Nathanson cut their target price on Walt Disney from $130.00 to $125.00 and set a “buy” rating on the stock in a research note on Tuesday, July 2nd.
Finally, Evercore ISI reduced their target price on Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th.
Three investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $118.43.
Insiders Place Their Bets In other news, Director Calvin Mcdonald acquired 11,756 shares of Walt Disney stock in a transaction dated Thursday, August 8th. The stock was purchased at an average cost of $85.06 per share, with a total value of $999,965.
36. Following the completion of the purchase, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78.
The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . 0.10% of the stock is owned by company insiders.
Walt Disney Trading Up 0.9 % NYSE:DIS opened at $96.01 on Monday.
The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74.
The business has a fifty day moving average price of $90.40 and a 200-day moving average price of $101.22.
The firm has a market capitalization of $175.03 billion, a price-to-earnings ratio of 104.36, a price-to-earnings-growth ratio of 1.
53 and a beta of 1.40. The company has a debt-to-equity ratio of 0.
38, a current ratio of 0.72 and a quick ratio of 0.66.
Walt Disney ( NYSE:DIS – Get Free Report ) last issued its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.
20 by $0.19. Walt Disney had a return on equity of 8.
64% and a net margin of 5.30%. The business had revenue of $23.
20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. During the same quarter in the prior year, the business posted $1.
03 earnings per share. The business’s quarterly revenue was up 3.9% on a year-over-year basis.
Sell-side analysts forecast that The Walt Disney Company will post 4.92 EPS for the current year. About Walt Disney ( Free Report ) 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. Read More Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for The Walt Disney Company ( NYSE:DIS – Free Report ). Receive News & Ratings for Walt Disney Daily - 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 .
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