Robbins Farley Has $3.34 Million Position in The Walt Disney Company (NYSE:DIS)

Robbins Farley boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 0.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 33,869 shares of the entertainment giant’s stock after acquiring an additional 233 shares during the period. Walt Disney accounts for 1.8% of Robbins Farley’s portfolio, making the stock its 26th largest position. Robbins Farley’s holdings in Walt Disney were worth $3,343,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DIS. Mpwm Advisory Solutions LLC acquired a new stake in Walt Disney during the 4th quarter worth $27,000. FPC Investment Advisory Inc. acquired a new stake in Walt Disney during the 4th quarter worth $28,000. Tacita Capital Inc grew its holdings in shares of Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Walt Disney in the 4th quarter valued at $32,000. Finally, Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Down 0.6%

Walt Disney stock opened at $117.85 on Friday. The company has a market cap of $211.86 billion, a price-to-earnings ratio of 38.39, a P/E/G ratio of 1.80 and a beta of 1.54. The firm has a 50-day moving average of $101.58 and a 200-day moving average of $105.92. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a one year low of $80.10 and a one year high of $120.50.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Walt Disney’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.21 earnings per share. On average, equities analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DIS shares. Needham & Company LLC reissued a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Thursday, May 8th. Loop Capital boosted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday. Rosenblatt Securities boosted their price target on shares of Walt Disney from $135.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, June 3rd. Morgan Stanley boosted their price target on shares of Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Finally, UBS Group boosted their price target on shares of Walt Disney from $105.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Six investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.96.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the transaction, the executive vice president now directly owns 46,831 shares in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.16% of the company’s stock.

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.