Atwater Malick LLC Sells 500 Shares of The Walt Disney Company $DIS

Atwater Malick LLC trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,994 shares of the entertainment giant’s stock after selling 500 shares during the period. Walt Disney makes up 2.5% of Atwater Malick LLC’s portfolio, making the stock its 16th biggest holding. Atwater Malick LLC’s holdings in Walt Disney were worth $7,812,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DIS. Brighton Jones LLC boosted its holdings in Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after acquiring an additional 1,904 shares during the period. Apella Capital LLC lifted its stake in shares of Walt Disney by 32.3% in the first quarter. Apella Capital LLC now owns 9,509 shares of the entertainment giant’s stock valued at $870,000 after buying an additional 2,319 shares during the period. Sendero Wealth Management LLC lifted its stake in shares of Walt Disney by 8.9% in the first quarter. Sendero Wealth Management LLC now owns 4,746 shares of the entertainment giant’s stock valued at $468,000 after buying an additional 386 shares during the period. Warren Street Wealth Advisors LLC lifted its stake in shares of Walt Disney by 35.2% in the first quarter. Warren Street Wealth Advisors LLC now owns 2,700 shares of the entertainment giant’s stock valued at $266,000 after buying an additional 703 shares during the period. Finally, LS Investment Advisors LLC lifted its stake in shares of Walt Disney by 4.4% in the first quarter. LS Investment Advisors LLC now owns 73,696 shares of the entertainment giant’s stock valued at $7,274,000 after buying an additional 3,075 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Performance

NYSE DIS opened at $112.14 on Friday. The firm has a market cap of $201.62 billion, a price-to-earnings ratio of 17.58, a PEG ratio of 1.48 and a beta of 1.54. The company has a 50 day moving average of $116.30 and a 200-day moving average of $109.86. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.16. The company had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $1.39 earnings per share. On average, equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on DIS shares. JPMorgan Chase & Co. increased their target price on shares of Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Jefferies Financial Group cut shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Wall Street Zen cut shares of Walt Disney from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 20th. Finally, Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target 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.