Cwm LLC Acquires 6,051 Shares of The Walt Disney Company $DIS

Key Points

• Cwm LLC acquired an additional 6,051 shares of The Walt Disney Company, increasing its holdings by 3.7% to a total of 170,690 shares, valued at approximately $21.17 million.
• Walt Disney reported earnings of $1.61 per share for the recent quarter, surpassing analysts' expectations, with a revenue of $23.65 billion.
• Analysts currently give Walt Disney an average rating of "Moderate Buy", with a target price of $131.18, reflecting optimism despite recent market fluctuations.

Cwm LLC increased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 3.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 170,690 shares of the entertainment giant's stock after purchasing an additional 6,051 shares during the period. Cwm LLC's holdings in Walt Disney were worth $21,167,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DIS. Kingstone Capital Partners Texas LLC bought a new position in shares of Walt Disney during the second quarter valued at approximately $4,220,599,000. Nuveen LLC acquired a new stake in Walt Disney in the first quarter valued at approximately $1,353,607,000. Diamond Hill Capital Management Inc. boosted its stake in Walt Disney by 1,080.7% in the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant's stock valued at $277,993,000 after acquiring an additional 2,578,004 shares in the last quarter. Vanguard Group Inc. boosted its stake in Walt Disney by 1.6% in the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant's stock valued at $15,383,615,000 after acquiring an additional 2,446,087 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Walt Disney by 9.7% in the first 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 acquiring an additional 1,642,907 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Down 1.6%

NYSE DIS opened at $109.17 on Monday. The company has a fifty day simple moving average of $115.36 and a two-hundred day simple moving average of $110.48. The stock has a market cap of $196.27 billion, a P/E ratio of 17.11, a P/E/G ratio of 1.43 and a beta of 1.54. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business had revenue of $23.65 billion during the quarter, compared to analysts' expectations of $23.69 billion. During the same quarter last year, the company posted $1.39 earnings per share. The business's quarterly revenue was up 2.1% on a year-over-year basis. On average, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on DIS shares. Stephens restated 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. Jefferies Financial Group downgraded shares of Walt Disney from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 11th. Keefe, Bruyette & Woods restated a "market perform" rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Citigroup raised their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Nineteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $131.18.

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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