Affinity Capital Advisors LLC Sells 444 Shares of The Walt Disney Company $DIS

Affinity Capital Advisors LLC lowered its position in The Walt Disney Company (NYSE:DIS) by 18.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,913 shares of the entertainment giant’s stock after selling 444 shares during the period. Affinity Capital Advisors LLC’s holdings in Walt Disney were worth $237,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. GSG Advisors LLC grew its holdings in shares of Walt Disney by 6.3% in the second quarter. GSG Advisors LLC now owns 2,889 shares of the entertainment giant’s stock worth $358,000 after acquiring an additional 172 shares during the period. Mirador Capital Partners LP bought a new stake in shares of Walt Disney in the second quarter worth $251,000. Westbourne Investments Inc. bought a new stake in Walt Disney during the second quarter valued at about $521,000. Aaron Wealth Advisors LLC grew its holdings in Walt Disney by 6.6% during the second quarter. Aaron Wealth Advisors LLC now owns 12,488 shares of the entertainment giant’s stock valued at $1,549,000 after purchasing an additional 776 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. grew its holdings in Walt Disney by 40.4% during the second quarter. Financiere des Professionnels Fonds d investissement inc. now owns 94,062 shares of the entertainment giant’s stock valued at $11,665,000 after purchasing an additional 27,058 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 0.3%

Shares of DIS stock opened at $115.30 on Wednesday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The stock’s 50 day simple moving average is $118.06 and its two-hundred day simple moving average is $109.05. The company has a market cap of $207.30 billion, a PE ratio of 18.07, a price-to-earnings-growth ratio of 1.67 and a beta of 1.55.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same period in the prior year, the business posted $1.39 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have issued reports on DIS shares. Evercore ISI boosted their price target on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, August 4th. Loop Capital boosted their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, June 10th. Stephens reissued a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. UBS Group boosted their price target on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $131.18.

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.