Robbins Farley Has $4.25 Million Stake in The Walt Disney Company $DIS

Robbins Farley increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 1.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 34,301 shares of the entertainment giant’s stock after acquiring an additional 432 shares during the quarter. Walt Disney accounts for 2.0% of Robbins Farley’s portfolio, making the stock its 23rd biggest position. Robbins Farley’s holdings in Walt Disney were worth $4,254,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in Walt Disney during the first quarter worth $26,000. DiNuzzo Private Wealth Inc. grew its holdings in Walt Disney by 82.5% during the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after buying an additional 94 shares in the last quarter. Kessler Investment Group LLC grew its holdings in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after buying an additional 200 shares in the last quarter. First PREMIER Bank grew its holdings in Walt Disney by 72.2% during the first quarter. First PREMIER Bank now owns 489 shares of the entertainment giant’s stock worth $48,000 after buying an additional 205 shares in the last quarter. Finally, Capitol Family Office Inc. bought a new stake in Walt Disney during the first quarter worth $52,000. Institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DIS. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Stephens restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, JPMorgan Chase & Co. upped their price objective on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Nineteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Stock Up 1.2%

DIS stock opened at $114.78 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The company has a market capitalization of $206.37 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 1.64 and a beta of 1.55. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The stock has a fifty day moving average of $116.83 and a 200-day moving average of $109.72.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 9.67% and a net margin of 12.22%.The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.39 EPS. As a group, equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current 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.