Westfuller Advisors LLC purchased a new position in shares of The Walt Disney Company (NYSE:DIS – Free Report) in the 2nd quarter, Holdings Channel reports. The fund purchased 6,109 shares of the entertainment giant’s stock, valued at approximately $761,000.
Several other institutional investors have also modified their holdings of DIS. Kingstone Capital Partners Texas LLC bought a new position in shares of Walt Disney during the second quarter worth about $4,220,599,000. Nuveen LLC bought a new position in shares of Walt Disney during the first quarter worth about $1,353,607,000. Diamond Hill Capital Management Inc. grew its position in shares of Walt Disney by 1,080.7% during the first 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 last quarter. Vanguard Group Inc. grew its position in shares of Walt Disney by 1.6% during the first 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 last quarter. Finally, GAMMA Investing LLC grew its position in shares of Walt Disney by 10,567.3% during the first quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant’s stock worth $241,884,000 after acquiring an additional 2,427,728 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on DIS. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Wall Street Zen downgraded shares of Walt Disney from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 20th. Citigroup upped their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a report on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.18.
Walt Disney Price Performance
DIS stock opened at $113.71 on Friday. 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 one year low of $80.10 and a one year high of $124.69. The firm has a market capitalization of $204.44 billion, a PE ratio of 17.82, a P/E/G ratio of 1.65 and a beta of 1.55. The firm has a 50-day moving average of $117.71 and a two-hundred day moving average of $109.15.
Walt Disney (NYSE:DIS – Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same period in the prior year, the firm earned $1.39 earnings per share. The business’s quarterly revenue was up 2.1% on a year-over-year basis. On average, analysts forecast 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.
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