Hager Investment Management Services LLC Has $86,000 Stock Position in The Walt Disney Company $DIS

Hager Investment Management Services LLC boosted its position in The Walt Disney Company (NYSE:DIS) by 82.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 697 shares of the entertainment giant’s stock after purchasing an additional 315 shares during the period. Hager Investment Management Services LLC’s holdings in Walt Disney were worth $86,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of DIS. Physician Wealth Advisors Inc. increased its holdings in Walt Disney by 3.5% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after acquiring an additional 87 shares during the period. Childress Capital Advisors LLC increased its holdings in Walt Disney by 3.3% during the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock worth $341,000 after acquiring an additional 87 shares during the period. Bruce G. Allen Investments LLC increased its holdings in Walt Disney by 9.1% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock worth $139,000 after acquiring an additional 94 shares during the period. DiNuzzo Private Wealth Inc. increased its holdings in Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after acquiring an additional 94 shares during the period. Finally, Clearstead Trust LLC increased its holdings in Walt Disney by 0.6% during the 1st quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock worth $1,629,000 after acquiring an additional 99 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Trading Down 0.6%

Shares of DIS opened at $111.83 on Thursday. The company’s fifty day moving average is $115.67 and its 200 day moving average is $110.22. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The stock has a market capitalization of $201.06 billion, a PE ratio of 17.53, a P/E/G ratio of 1.48 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results 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. 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 for the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter in the previous year, the business posted $1.39 earnings per share. Walt Disney’s quarterly revenue was up 2.1% on a year-over-year basis. Sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Needham & Company LLC reissued a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Tuesday, September 23rd. Rosenblatt Securities increased their price target on shares of Walt Disney from $140.00 to $141.00 and gave the stock a “buy” rating in a report on Monday, August 11th. Susquehanna reissued a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Citigroup upped their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently 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.