2,768 Shares in The Walt Disney Company $DIS Bought by Balefire LLC

Key Points

• Balefire LLC acquired a new stake in The Walt Disney Company, purchasing 2,768 shares valued at approximately $343,000 in the 2nd quarter.
• The Walt Disney Company reported an EPS of $1.61 for the last quarter, surpassing analysts' expectations of $1.45, with revenue of $23.65 billion.
• Analysts have set a consensus price target of $131.18 for Walt Disney's stock, with several firms recently revising their ratings upward to reflect positive growth prospects.

Balefire LLC acquired a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,768 shares of the entertainment giant's stock, valued at approximately $343,000.

A number of other hedge funds have also recently added to or reduced their stakes in DIS. Nuveen LLC bought a new stake in Walt Disney during the 1st quarter worth about $1,353,607,000. Diamond Hill Capital Management Inc. boosted its stake in shares of Walt Disney by 1,080.7% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant's stock valued at $277,993,000 after purchasing an additional 2,578,004 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Walt Disney by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant's stock valued at $15,383,615,000 after purchasing an additional 2,446,087 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Walt Disney by 10,567.3% in the 1st quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant's stock valued at $241,884,000 after purchasing an additional 2,427,728 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Walt Disney by 9.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant's stock valued at $1,826,930,000 after purchasing an additional 1,642,907 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on DIS shares. Stephens reaffirmed a "buy" rating on shares of Walt Disney in a research note on Monday, August 11th. Barclays raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Keefe, Bruyette & Woods reaffirmed a "market perform" rating on shares of Walt Disney in a research note on Monday, August 11th. Susquehanna reaffirmed a "neutral" rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Raymond James Financial reaffirmed a "neutral" rating on shares of Walt Disney in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and a consensus target price of $131.18.

Walt Disney Stock Down 0.6%

Shares of NYSE DIS traded down $0.63 during midday trading on Monday, reaching $113.13. The company's stock had a trading volume of 2,848,222 shares, compared to its average volume of 9,436,505. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The stock has a market capitalization of $203.40 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 1.65 and a beta of 1.55. The stock has a 50 day simple moving average of $117.71 and a 200-day simple moving average of $109.17.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) 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 the consensus estimate of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm's revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $1.39 earnings per share. Equities research analysts predict 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.