Aurora Private Wealth Inc. Invests $1.34 Million in The Walt Disney Company (NYSE:DIS)

Aurora Private Wealth Inc. bought a new position in The Walt Disney Company (NYSE:DIS - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 13,544 shares of the entertainment giant's stock, valued at approximately $1,337,000.

Other hedge funds also recently added to or reduced their stakes in the company. Trek Financial LLC grew its stake in shares of Walt Disney by 479.9% in the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock worth $4,044,000 after purchasing an additional 30,057 shares in the last quarter. WoodTrust Financial Corp grew its position in Walt Disney by 6.7% in the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock valued at $9,491,000 after buying an additional 6,047 shares in the last quarter. Bank of Stockton grew its position in Walt Disney by 4.4% in the 1st quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock valued at $897,000 after buying an additional 383 shares in the last quarter. Rheos Capital Works Inc. grew its position in Walt Disney by 164.7% in the 1st quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock valued at $39,026,000 after buying an additional 246,000 shares in the last quarter. Finally, Merit Financial Group LLC raised its position in shares of Walt Disney by 47.0% during the 1st quarter. Merit Financial Group LLC now owns 57,172 shares of the entertainment giant's stock worth $5,643,000 after buying an additional 18,272 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Brent Woodford sold 1,000 shares of the business'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 completion of the transaction, the executive vice president owned 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.16% of the company's stock.

Walt Disney Trading Down 0.7%

DIS stock traded down $0.83 during midday trading on Monday, reaching $123.17. The stock had a trading volume of 6,973,733 shares, compared to its average volume of 10,031,969. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The firm has a market cap of $221.43 billion, a price-to-earnings ratio of 25.19, a PEG ratio of 1.81 and a beta of 1.56. The business has a fifty day simple moving average of $111.87 and a two-hundred day simple moving average of $106.30.

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

Analysts Set New Price Targets

A number of research firms recently issued reports on DIS. Morgan Stanley lifted their target price on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Loop Capital lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Needham & Company LLC reissued a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research note on Thursday, May 8th. Guggenheim upped their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research report on Friday, June 27th. Finally, Jefferies Financial Group raised shares of Walt Disney from a "hold" rating to a "buy" rating and raised their price objective for the stock from $100.00 to $144.00 in a research note on Monday, June 30th. Five analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.