Presilium Private Wealth LLC Has $673,000 Stock Position in The Walt Disney Company $DIS

Presilium Private Wealth LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 9.0% during the second quarter, HoldingsChannel reports. The fund owned 5,425 shares of the entertainment giant’s stock after acquiring an additional 450 shares during the quarter. Presilium Private Wealth LLC’s holdings in Walt Disney were worth $673,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of DIS. Brighton Jones LLC grew its position in Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after buying an additional 1,904 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Walt Disney by 8.1% during the 1st quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock worth $2,451,000 after purchasing an additional 1,856 shares in the last quarter. Goldstone Financial Group LLC grew its holdings in shares of Walt Disney by 33.2% during the 1st quarter. Goldstone Financial Group LLC now owns 4,953 shares of the entertainment giant’s stock worth $489,000 after purchasing an additional 1,234 shares in the last quarter. Missouri Trust & Investment Co increased its position in shares of Walt Disney by 16.8% during the first quarter. Missouri Trust & Investment Co now owns 14,240 shares of the entertainment giant’s stock valued at $1,405,000 after purchasing an additional 2,053 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of Walt Disney by 4.8% in the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 13,679 shares of the entertainment giant’s stock valued at $1,350,000 after purchasing an additional 629 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Morgan Stanley lifted their price target 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. Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Evercore ISI increased their price target on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, August 4th. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Citigroup increased their target price on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Nineteen 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, the stock has a consensus rating of “Moderate Buy” and an average target price of $131.18.

Walt Disney Stock Performance

NYSE DIS opened at $109.17 on Monday. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a 50 day moving average of $115.36 and a 200-day moving average of $110.48. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The firm has a market cap of $196.27 billion, a price-to-earnings ratio of 17.11, a PEG ratio of 1.43 and a beta of 1.54.

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

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.