Advisors Preferred LLC Makes New $615,000 Investment in The Walt Disney Company (NYSE:DIS)

Advisors Preferred LLC acquired a new stake in The Walt Disney Company (NYSE:DIS - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,300 shares of the entertainment giant's stock, valued at approximately $615,000.

Other institutional investors have also modified their holdings of the company. JPL Wealth Management LLC purchased a new stake in shares of Walt Disney in the first quarter worth approximately $175,000. Close Asset Management Ltd raised its holdings in shares of Walt Disney by 3.9% in the first quarter. Close Asset Management Ltd now owns 89,969 shares of the entertainment giant's stock worth $8,878,000 after buying an additional 3,380 shares during the period. Oak Thistle LLC purchased a new stake in shares of Walt Disney in the first quarter worth approximately $1,574,000. AllSquare Wealth Management LLC increased its holdings in Walt Disney by 21.9% during the 1st quarter. AllSquare Wealth Management LLC now owns 1,124 shares of the entertainment giant's stock worth $111,000 after purchasing an additional 202 shares during the period. Finally, Proficio Capital Partners LLC increased its holdings in Walt Disney by 1.3% during the 1st quarter. Proficio Capital Partners LLC now owns 17,038 shares of the entertainment giant's stock worth $1,671,000 after purchasing an additional 223 shares during the period. 65.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DIS has been the topic of several research reports. UBS Group raised their price objective on Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a report on Wednesday, July 16th. Rosenblatt Securities lifted their price target on Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, June 3rd. Loop Capital lifted their price target on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Citigroup lifted their price target on Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Finally, Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target on the stock in a report on Monday, April 21st. Five research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Walt Disney presently has an average rating of "Moderate Buy" and a consensus price target of $128.13.

Walt Disney Price Performance

Shares of DIS stock traded down $0.51 during trading hours on Friday, reaching $121.44. The company had a trading volume of 5,587,104 shares, compared to its average volume of 7,479,350. 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 fifty day moving average of $117.97 and a 200-day moving average of $107.35. The company has a market capitalization of $218.32 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 1.78 and a beta of 1.56. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly 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 company had revenue of $23.62 billion for the quarter, compared to analysts' expectations of $23.15 billion. During the same period in the prior year, the firm earned $1.21 earnings per share. The firm's revenue was up 7.0% compared to the same quarter last year. On average, equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president owned 46,831 shares of the company's stock, valued at $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.16% of the stock is owned by company insiders.

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.