Creekmur Asset Management LLC Has $619,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

Creekmur Asset Management LLC boosted its position in The Walt Disney Company (NYSE:DIS - Free Report) by 41,713.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,272 shares of the entertainment giant's stock after acquiring an additional 6,257 shares during the quarter. Creekmur Asset Management LLC's holdings in Walt Disney were worth $619,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Brighton Jones LLC lifted its stake in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock worth $2,980,000 after acquiring an additional 1,904 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in shares of Walt Disney by 13.6% in the fourth quarter. Proficio Capital Partners LLC now owns 16,815 shares of the entertainment giant's stock worth $1,872,000 after acquiring an additional 2,016 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Walt Disney by 2.0% in the fourth quarter. Advisors Asset Management Inc. now owns 29,980 shares of the entertainment giant's stock worth $3,338,000 after acquiring an additional 596 shares in the last quarter. Brooklyn FI LLC acquired a new position in shares of Walt Disney in the fourth quarter worth about $400,000. Finally, Harvest Fund Management Co. Ltd acquired a new position in shares of Walt Disney in the fourth quarter worth about $65,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on DIS shares. Jefferies Financial Group raised Walt Disney from a "hold" rating to a "buy" rating and boosted their price objective for the company from $100.00 to $144.00 in a report on Monday, June 30th. Guggenheim upped their target price on Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a report on Friday, June 27th. Barclays upped their target price on Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Morgan Stanley upped their target price on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, Wall Street Zen raised Walt Disney from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 12th. Five investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $128.13.

Walt Disney Stock Down 0.7%

Shares of NYSE DIS traded down $0.85 during mid-day trading on Friday, reaching $121.36. The company had a trading volume of 9,472,100 shares, compared to its average volume of 10,005,428. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The stock has a market capitalization of $218.17 billion, a PE ratio of 24.82, a price-to-earnings-growth ratio of 1.79 and a beta of 1.56. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The stock's 50 day moving average is $117.00 and its 200-day moving average is $107.00.

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

Insider Buying and Selling at Walt Disney

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 shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.16% of the company's stock.

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.