Retireful LLC Acquires New Shares in The Walt Disney Company $DIS

Retireful LLC bought a new stake in The Walt Disney Company (NYSE:DIS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,351 shares of the entertainment giant’s stock, valued at approximately $292,000.

Several other institutional investors also recently modified their holdings of DIS. Vanguard Group Inc. increased its stake in Walt Disney by 1.6% in the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock valued at $15,383,615,000 after purchasing an additional 2,446,087 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Walt Disney in the 2nd quarter valued at $4,220,599,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Walt Disney by 9.7% during 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 worth $1,826,930,000 after buying an additional 1,642,907 shares during the period. Bank of New York Mellon Corp lifted its holdings in Walt Disney by 4.2% during the first quarter. Bank of New York Mellon Corp now owns 17,821,361 shares of the entertainment giant’s stock worth $1,758,968,000 after acquiring an additional 717,066 shares in the last quarter. Finally, Amundi grew its stake in Walt Disney by 11.4% in the first quarter. Amundi now owns 14,882,195 shares of the entertainment giant’s stock valued at $1,468,873,000 after acquiring an additional 1,520,513 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Jefferies Financial Group lowered Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Stephens reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Barclays raised their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Finally, Rosenblatt Securities upped their target price on shares of Walt Disney from $140.00 to $141.00 and gave the stock a “buy” rating in a research note on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $131.18.

Walt Disney Stock Up 1.1%

Walt Disney stock opened at $113.49 on Thursday. 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 Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a fifty day simple moving average of $117.30 and a 200 day simple moving average of $109.27. The company has a market cap of $204.05 billion, a P/E ratio of 17.79, a price-to-earnings-growth ratio of 1.62 and a beta of 1.55.

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