Roble Belko & Company Inc Sells 550 Shares of The Walt Disney Company $DIS

Roble Belko & Company Inc reduced its stake in The Walt Disney Company (NYSE:DIS) by 72.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 209 shares of the entertainment giant’s stock after selling 550 shares during the period. Roble Belko & Company Inc’s holdings in Walt Disney were worth $26,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of DIS. Brighton Jones LLC grew its position in Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in shares of Walt Disney by 19.7% in the 1st quarter. Golden State Wealth Management LLC now owns 7,220 shares of the entertainment giant’s stock valued at $713,000 after purchasing an additional 1,188 shares during the period. Private Trust Co. NA lifted its stake in shares of Walt Disney by 4.4% in the 1st quarter. Private Trust Co. NA now owns 13,319 shares of the entertainment giant’s stock valued at $1,315,000 after purchasing an additional 567 shares during the period. First Horizon Advisors Inc. lifted its stake in shares of Walt Disney by 4.8% in the 1st quarter. First Horizon Advisors Inc. now owns 20,367 shares of the entertainment giant’s stock valued at $2,010,000 after purchasing an additional 940 shares during the period. Finally, Goelzer Investment Management Inc. raised its stake in Walt Disney by 3.6% during the 1st quarter. Goelzer Investment Management Inc. now owns 31,527 shares of the entertainment giant’s stock worth $3,112,000 after buying an additional 1,096 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the company. Jefferies Financial Group downgraded Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. JPMorgan Chase & Co. raised their price objective on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Stephens reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Barclays lifted their price target on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Nineteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $132.90.

Walt Disney Stock Performance

NYSE:DIS opened at $112.70 on Friday. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The company has a market cap of $202.63 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.45 and a beta of 1.54. 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 stock has a fifty day moving average price of $114.12 and a 200-day moving average price of $112.68.

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