Catalyst Capital Advisors LLC Has $393,000 Stake in The Walt Disney Company $DIS

Key Points

• Catalyst Capital Advisors LLC has reduced its stake in The Walt Disney Company by 72.6%, holding now worth approximately $393,000 after selling 8,394 shares.
• Walt Disney reported $1.61 earnings per share for the last quarter, exceeding analysts' expectations of $1.45, with a revenue of $23.65 billion.
• Despite recent stock performance challenges, analysts remain optimistic, with a consensus price target of $132.90 and a majority rating the stock as a "Moderate Buy."

Catalyst Capital Advisors LLC lowered its position in The Walt Disney Company (NYSE:DIS - Free Report) by 72.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 3,173 shares of the entertainment giant's stock after selling 8,394 shares during the period. Catalyst Capital Advisors LLC's holdings in Walt Disney were worth $393,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. DiNuzzo Private Wealth Inc. lifted its position in shares of Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant's stock worth $26,000 after purchasing an additional 94 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Walt Disney during the 1st quarter valued at $26,000. Kessler Investment Group LLC lifted its position in shares of Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock valued at $27,000 after acquiring an additional 200 shares during the period. Harbor Asset Planning Inc. acquired a new position in shares of Walt Disney during the 2nd quarter valued at $37,000. Finally, RMG Wealth Management LLC acquired a new position in shares of Walt Disney during the 2nd quarter valued at $49,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Performance

DIS opened at $111.64 on Friday. 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 company's fifty day moving average price is $114.64 and its two-hundred day moving average price is $111.64. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a market cap of $200.72 billion, a price-to-earnings ratio of 17.50, a PEG ratio of 1.48 and a beta of 1.54.

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, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the prior year, the company posted $1.39 earnings per share. The business's revenue was up 2.1% on a year-over-year basis. On average, 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 analysts recently issued reports on DIS shares. Keefe, Bruyette & Woods reiterated a "market perform" rating on shares of Walt Disney in a research report on Monday, August 11th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Walt Disney in a research report on Friday. Rosenblatt Securities reiterated a "buy" rating and set a $141.00 target price on shares of Walt Disney in a research report on Friday, October 17th. Evercore ISI boosted their target price on shares of Walt Disney from $134.00 to $140.00 and gave the company an "outperform" rating in a research report on Monday, August 4th. Finally, Morgan Stanley boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a research report on Monday, August 4th. Nineteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $132.90.

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.

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