Patriot Financial Group Insurance Agency LLC Has $278,000 Position in Walt Disney Company (The) (DIS)
Patriot Financial Group Insurance Agency LLC boosted its position in Walt Disney Company (The) (NYSE:DIS) by 21.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,681 shares of the entertainment giant’s stock after purchasing an additional 471 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Walt Disney were worth $278,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in DIS. Lee Financial Co grew its holdings in Walt Disney by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after buying an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. purchased a new stake in shares of Walt Disney during the 1st quarter worth about $144,000. BDO Wealth Advisors LLC purchased a new stake in shares of Walt Disney during the 2nd quarter worth about $153,000. Allegis Investment Advisors LLC purchased a new stake in shares of Walt Disney during the 2nd quarter worth about $206,000. Finally, Weybosset Research & Management LLC grew its holdings in shares of Walt Disney by 2.6% during the 2nd quarter. Weybosset Research & Management LLC now owns 2,000 shares of the entertainment giant’s stock worth $213,000 after purchasing an additional 50 shares during the period. 60.40% of the stock is owned by hedge funds and other institutional investors.
A number of analysts have recently issued reports on the company. BidaskClub upgraded Walt Disney from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Goldman Sachs Group Inc set a $133.00 target price on Walt Disney and gave the stock a “buy” rating in a report on Wednesday, August 9th. Jefferies Group LLC restated a “hold” rating and issued a $110.00 price target on shares of Walt Disney in a report on Wednesday, August 9th. FBR & Co decreased their price target on Walt Disney from $114.00 to $112.00 and set a “market perform” rating for the company in a report on Wednesday, August 9th. Finally, Credit Suisse Group restated an “outperform” rating and issued a $120.00 price target (down previously from $125.00) on shares of Walt Disney in a report on Wednesday, August 9th. Three equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eighteen have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $112.56.
Walt Disney Company (NYSE:DIS) opened at $102.64 on Monday. Walt Disney Company has a 52 week low of $96.20 and a 52 week high of $116.10. The stock has a market capitalization of $155,018.42, a price-to-earnings ratio of 18.01, a PEG ratio of 2.18 and a beta of 1.37. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42.
Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The business had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. During the same period in the previous year, the company posted $1.10 EPS. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. research analysts expect that Walt Disney Company will post 6.24 EPS for the current year.
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About Walt Disney
The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.
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