FF Advisors LLC Purchases Shares of 1,900 The Walt Disney Company $DIS

FF Advisors LLC acquired a new position in shares of The Walt Disney Company (NYSE:DIS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,900 shares of the entertainment giant’s stock, valued at approximately $236,000.

A number of other institutional investors also recently modified their holdings of the company. Nuveen LLC bought a new stake in Walt Disney during the 1st quarter worth approximately $1,353,607,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Walt Disney by 21.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,867,017 shares of the entertainment giant’s stock worth $1,878,142,000 after purchasing an additional 3,016,339 shares in the last quarter. Diamond Hill Capital Management Inc. boosted its stake in Walt Disney by 1,080.7% in the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock worth $277,993,000 after purchasing an additional 2,578,004 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Walt Disney by 1.6% during the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after purchasing an additional 2,446,087 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Walt Disney by 10,567.3% in the first quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant’s stock valued at $241,884,000 after buying an additional 2,427,728 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Jefferies Financial Group downgraded shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Morgan Stanley boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. 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. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Loop Capital upped their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Price Performance

NYSE DIS opened at $115.66 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The stock has a market cap of $207.95 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 1.68 and a beta of 1.55. The business has a 50 day simple moving average of $118.19 and a 200 day simple moving average of $109.01. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

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

Walt Disney Company Profile

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.