Vise Technologies Inc. Acquires New Holdings in The Walt Disney Company $DIS

Vise Technologies Inc. bought a new stake in shares of The Walt Disney Company (NYSE:DIS) in the second quarter, Holdings Channel.com reports. The firm bought 22,453 shares of the entertainment giant’s stock, valued at approximately $2,784,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of DIS. Kingstone Capital Partners Texas LLC acquired a new position in shares of Walt Disney during the second quarter worth approximately $4,220,599,000. Nuveen LLC bought a new stake in Walt Disney during the 1st quarter valued at $1,353,607,000. Diamond Hill Capital Management Inc. boosted its position in Walt Disney by 1,080.7% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock worth $277,993,000 after acquiring an additional 2,578,004 shares during the period. Vanguard Group Inc. boosted its position in Walt Disney by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after acquiring an additional 2,446,087 shares during the period. Finally, Jennison Associates LLC grew its stake in shares of Walt Disney by 9.4% in the second quarter. Jennison Associates LLC now owns 20,676,921 shares of the entertainment giant’s stock worth $2,564,145,000 after purchasing an additional 1,774,772 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $112.17 on Tuesday. The stock’s fifty day simple moving average is $113.33 and its 200 day simple moving average is $114.15. The stock has a market capitalization of $201.67 billion, a price-to-earnings ratio of 17.58, a PEG ratio of 1.45 and a beta of 1.55. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on DIS shares. Evercore ISI lifted their price objective on shares of Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, August 4th. Susquehanna restated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. UBS Group increased their price target on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.90.

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.