Bleakley Financial Group LLC Grows Stock Holdings in The Walt Disney Company (NYSE:DIS)

Bleakley Financial Group LLC grew its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 3.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 90,065 shares of the entertainment giant's stock after purchasing an additional 3,339 shares during the period. Bleakley Financial Group LLC's holdings in Walt Disney were worth $8,889,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of DIS. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney during the 4th quarter worth about $27,000. Kessler Investment Group LLC lifted its holdings in Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after buying an additional 200 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new position in Walt Disney during the 4th quarter worth about $32,000. Copia Wealth Management acquired a new position in Walt Disney during the 4th quarter worth about $36,000. Finally, Vermillion Wealth Management Inc. acquired a new position in Walt Disney during the 4th quarter worth about $39,000. Institutional investors own 65.71% of the company's stock.

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the sale, the executive vice president owned 46,831 shares in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.16% of the company's stock.

Walt Disney Price Performance

Shares of DIS stock traded up $0.64 on Wednesday, reaching $119.62. The company's stock had a trading volume of 4,819,104 shares, compared to its average volume of 9,991,597. 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 12-month low of $80.10 and a 12-month high of $124.69. The company has a market capitalization of $215.04 billion, a P/E ratio of 24.50, a PEG ratio of 1.75 and a beta of 1.56. The stock's 50 day simple moving average is $115.99 and its 200-day simple moving average is $106.77.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (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 the consensus estimate of $23.15 billion. During the same quarter last year, the business posted $1.21 earnings per share. The firm's revenue was up 7.0% compared to the same quarter last year. As a group, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DIS has been the topic of several recent research reports. Jefferies Financial Group raised Walt Disney from a "hold" rating to a "buy" rating and lifted their target price for the stock from $100.00 to $144.00 in a report on Monday, June 30th. Citigroup boosted their price objective on Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Rosenblatt Securities boosted their price objective on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Loop Capital boosted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, June 10th. Finally, UBS Group boosted their price objective on Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a report on Wednesday. Five investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Walt Disney presently has a consensus rating of "Moderate Buy" and an average price target of $128.13.

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.