Lion Street Advisors LLC Decreases Stock Holdings in The Walt Disney Company $DIS

Lion Street Advisors LLC reduced its holdings in shares of The Walt Disney Company (NYSE:DIS) by 3.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 3,344 shares of the entertainment giant’s stock after selling 122 shares during the period. Lion Street Advisors LLC’s holdings in Walt Disney were worth $415,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Pegasus Asset Management Inc. grew its stake in Walt Disney by 3.1% during the second quarter. Pegasus Asset Management Inc. now owns 37,341 shares of the entertainment giant’s stock worth $4,631,000 after buying an additional 1,130 shares during the period. MGO One Seven LLC grew its stake in Walt Disney by 4.8% during the second quarter. MGO One Seven LLC now owns 48,952 shares of the entertainment giant’s stock worth $6,070,000 after buying an additional 2,260 shares during the period. Welch Group LLC grew its stake in Walt Disney by 1.0% during the second quarter. Welch Group LLC now owns 9,661 shares of the entertainment giant’s stock worth $1,198,000 after buying an additional 99 shares during the period. Presilium Private Wealth LLC grew its stake in Walt Disney by 9.0% during the second quarter. Presilium Private Wealth LLC now owns 5,425 shares of the entertainment giant’s stock worth $673,000 after buying an additional 450 shares during the period. Finally, Hazlett Burt & Watson Inc. grew its stake in Walt Disney by 22.3% during the second quarter. Hazlett Burt & Watson Inc. now owns 7,123 shares of the entertainment giant’s stock worth $885,000 after buying an additional 1,300 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on DIS shares. JPMorgan Chase & Co. boosted their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Walt Disney in a research note on Wednesday, October 8th. Finally, UBS Group upped their target price on shares of Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Trading Down 1.6%

DIS opened at $109.17 on Monday. The stock has a market capitalization of $196.27 billion, a PE ratio of 17.11, a P/E/G ratio of 1.43 and a beta of 1.54. The firm’s fifty day moving average price is $115.36 and its 200 day moving average price is $110.48. 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 Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69.

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