Alliance Wealth Advisors LLC UT Has $2.18 Million Position in The Walt Disney Company $DIS

Key Points

• Alliance Wealth Advisors LLC UT increased its stake in The Walt Disney Company by 11.2%, acquiring an additional 2,225 shares, bringing their total holdings to 22,126 shares valued at approximately $2.18 million.
• Walt Disney reported earnings of $1.61 per share for the last quarter, surpassing expectations, while revenues were slightly below analyst forecasts at $23.65 billion.
• Analyst ratings for Walt Disney remain positive, with an average target price of $131.18, and the majority of analysts giving the stock a "Moderate Buy" consensus rating.

Alliance Wealth Advisors LLC UT boosted its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 11.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,126 shares of the entertainment giant's stock after purchasing an additional 2,225 shares during the period. Alliance Wealth Advisors LLC UT's holdings in Walt Disney were worth $2,184,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Nuveen LLC bought a new stake in Walt Disney in the first quarter valued at approximately $1,353,607,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in shares of Walt Disney by 1,900.0% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 5,735,961 shares of the entertainment giant's stock worth $638,699,000 after purchasing an additional 5,449,158 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Walt Disney by 21.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,867,017 shares of the entertainment giant's stock worth $1,878,142,000 after purchasing an additional 3,016,339 shares during the period. Diamond Hill Capital Management Inc. increased its stake 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 purchasing an additional 2,578,004 shares during the period. Finally, Vanguard Group Inc. increased its stake 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 purchasing an additional 2,446,087 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on DIS shares. Needham & Company LLC reiterated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research note on Thursday, August 7th. Keefe, Bruyette & Woods reiterated a "market perform" rating on shares of Walt Disney in a research note on Monday, August 11th. UBS Group increased their target price on Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a research note on Wednesday, July 16th. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a research note on Monday, April 21st. Finally, Evercore ISI raised their price objective on Walt Disney from $134.00 to $140.00 and gave the stock an "outperform" rating in a research note on Monday, August 4th. Eight analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $131.18.

Walt Disney Price Performance

Shares of NYSE DIS traded up $1.17 during mid-day trading on Monday, hitting $116.56. 5,797,030 shares of the stock traded hands, compared to its average volume of 8,792,395. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The company has a market cap of $209.57 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 1.67 and a beta of 1.56. The firm has a 50 day simple moving average of $119.33 and a two-hundred day simple moving average of $108.06.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%. The company had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter last year, the business posted $1.39 EPS. Walt Disney's revenue for the quarter was up 2.1% on a year-over-year basis. As a group, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.