Marino Stram & Associates LLC Has $575,000 Stake in The Walt Disney Company $DIS

Marino Stram & Associates LLC increased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 2.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,640 shares of the entertainment giant’s stock after acquiring an additional 100 shares during the period. Marino Stram & Associates LLC’s holdings in Walt Disney were worth $575,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of DIS. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney in the second quarter worth $4,220,599,000. Nuveen LLC bought a new position in shares of Walt Disney in the first quarter valued at about $1,353,607,000. Diamond Hill Capital Management Inc. increased its position in Walt Disney by 1,080.7% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock valued at $277,993,000 after acquiring an additional 2,578,004 shares in the last quarter. Vanguard Group Inc. increased its position in Walt Disney by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock valued at $15,383,615,000 after acquiring an additional 2,446,087 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Walt Disney by 9.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant’s stock valued at $1,826,930,000 after acquiring an additional 1,642,907 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $114.47 on Wednesday. The company has a market capitalization of $205.81 billion, a price-to-earnings ratio of 17.94, a P/E/G ratio of 1.66 and a beta of 1.55. The firm’s 50 day simple moving average is $116.70 and its 200 day simple moving average is $109.75. 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 fifty-two week low of $80.10 and a fifty-two week high of $124.69.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS 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 firm had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the prior year, the firm earned $1.39 earnings per share. The business’s quarterly revenue was up 2.1% on a year-over-year basis. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Morgan Stanley increased their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. JPMorgan Chase & Co. boosted their target price on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Loop Capital lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, June 10th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $131.18.

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.