3,305 Shares in The Walt Disney Company (NYSE:DIS) Purchased by Planning Directions Inc.

Planning Directions Inc. bought a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,305 shares of the entertainment giant's stock, valued at approximately $326,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of DIS. EULAV Asset Management lifted its holdings in Walt Disney by 20.0% during the 1st quarter. EULAV Asset Management now owns 30,000 shares of the entertainment giant's stock valued at $2,961,000 after buying an additional 5,000 shares in the last quarter. Abound Financial LLC purchased a new position in shares of Walt Disney during the first quarter worth approximately $88,000. Crossmark Global Holdings Inc. raised its stake in shares of Walt Disney by 1.1% during the first quarter. Crossmark Global Holdings Inc. now owns 212,753 shares of the entertainment giant's stock valued at $20,999,000 after acquiring an additional 2,311 shares in the last quarter. Washington Trust Bank boosted its holdings in shares of Walt Disney by 5.2% in the first quarter. Washington Trust Bank now owns 128,580 shares of the entertainment giant's stock valued at $12,691,000 after purchasing an additional 6,357 shares during the period. Finally, Fullcircle Wealth LLC grew its stake in Walt Disney by 7.6% in the first quarter. Fullcircle Wealth LLC now owns 19,086 shares of the entertainment giant's stock worth $1,721,000 after purchasing an additional 1,340 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president directly owned 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.16% of the stock is currently owned by company insiders.

Walt Disney Stock Performance

Shares of DIS opened at $123.98 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The stock has a 50-day moving average of $111.87 and a two-hundred day moving average of $106.30. The stock has a market cap of $222.88 billion, a P/E ratio of 25.35, a P/E/G ratio of 1.81 and a beta of 1.56. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The firm had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same quarter in the previous year, the company posted $1.21 earnings per share. The company's revenue was up 7.0% compared to the same quarter last year. As a group, research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. UBS Group upped their target price on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective for the company in a research note on Monday, April 21st. Morgan Stanley raised their target price on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Rosenblatt Securities boosted their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. Finally, Loop Capital increased their target price on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th. Five investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and an average target price of $125.83.

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.

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