2,374 Shares in The Walt Disney Company $DIS Purchased by Claris Advisors LLC MO

Key Points

• Claris Advisors LLC purchased a new stake in The Walt Disney Company, acquiring 2,374 shares valued at approximately $294,000 during the second quarter.
• Walt Disney has seen positive ratings revisions from various analysts, with a consensus rating of "Moderate Buy" and an average target price of $131.18.
• The company reported earnings of $1.61 per share in its last quarterly results, surpassing analyst expectations and showing a slight 2.1% revenue increase year-over-year.

Claris Advisors LLC MO bought a new stake in The Walt Disney Company (NYSE:DIS - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 2,374 shares of the entertainment giant's stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. J. Safra Sarasin Holding AG grew its stake in Walt Disney by 8.1% during the 1st quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant's stock worth $21,983,000 after purchasing an additional 16,781 shares in the last quarter. Planning Directions Inc. acquired a new stake in Walt Disney in the 1st quarter valued at about $326,000. Kingstone Capital Partners Texas LLC purchased a new position in shares of Walt Disney in the 2nd quarter valued at about $4,220,599,000. Wedge Capital Management L L P NC grew its position in shares of Walt Disney by 8,744.0% during the second quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant's stock worth $39,724,000 after buying an additional 316,707 shares in the last quarter. Finally, WoodTrust Financial Corp grew its position in shares of Walt Disney by 6.7% during the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock worth $9,491,000 after buying an additional 6,047 shares in the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of recent analyst reports. Raymond James Financial reissued a "neutral" rating on shares of Walt Disney in a research report on Monday, August 11th. Keefe, Bruyette & Woods reissued a "market perform" rating on shares of Walt Disney in a report on Monday, August 11th. Susquehanna restated a "neutral" rating on shares of Walt Disney in a research note on Monday, August 11th. Rosenblatt Securities upped their price objective on Walt Disney from $140.00 to $141.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Finally, Evercore ISI increased their price objective on Walt Disney from $134.00 to $140.00 and gave the company an "outperform" rating in a report on Monday, August 4th. Nineteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $131.18.

Walt Disney Trading Up 1.2%

Shares of Walt Disney stock opened at $114.78 on Tuesday. The firm has a market cap of $206.37 billion, a price-to-earnings ratio of 17.99, a price-to-earnings-growth ratio of 1.64 and a beta of 1.55. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The company's 50-day simple moving average is $116.83 and its 200-day simple moving average is $109.72. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating analysts' consensus estimates of $1.45 by $0.16. The company had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.39 EPS. As a group, equities research analysts anticipate 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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