Fiduciary Alliance LLC Has $8.24 Million Stock Holdings in The Walt Disney Company $DIS

Key Points

• Fiduciary Alliance LLC increased its stake in The Walt Disney Company by 14.6% during the second quarter, amassing holdings worth $8.24 million.
• Several institutional investors, including Vanguard Group and UBS AM, have also boosted their positions in Disney recently, with Vanguard owning over 155 million shares valued at $15.38 billion.
• Walt Disney reported $1.61 EPS for the last quarter, exceeding estimates, with revenue increasing 2.1% year-over-year despite slightly missing expectations.

Fiduciary Alliance LLC raised its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 14.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 66,445 shares of the entertainment giant's stock after acquiring an additional 8,467 shares during the quarter. Fiduciary Alliance LLC's holdings in Walt Disney were worth $8,240,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in DIS. Vanguard Group Inc. lifted its position in Walt Disney by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant's stock worth $15,383,615,000 after buying an additional 2,446,087 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings 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 buying an additional 1,642,907 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Walt Disney by 4.2% in the first quarter. Bank of New York Mellon Corp now owns 17,821,361 shares of the entertainment giant's stock valued at $1,758,968,000 after acquiring an additional 717,066 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Walt Disney by 21.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,867,017 shares of the entertainment giant's stock worth $1,878,142,000 after purchasing an additional 3,016,339 shares during the period. Finally, Amundi increased its holdings in shares of Walt Disney by 11.4% during the 1st quarter. Amundi now owns 14,882,195 shares of the entertainment giant's stock worth $1,468,873,000 after acquiring an additional 1,520,513 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on DIS. Jefferies Financial Group cut shares of Walt Disney from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. Wall Street Zen cut shares of Walt Disney from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 20th. Evercore ISI lifted their price target on Walt Disney from $134.00 to $140.00 and gave the company an "outperform" rating in a research note on Monday, August 4th. Keefe, Bruyette & Woods reiterated a "market perform" rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, JPMorgan Chase & Co. boosted their price objective on Walt Disney from $130.00 to $138.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 29th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $131.18.

Walt Disney Trading Down 0.3%

NYSE:DIS opened at $115.66 on Tuesday. 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. The stock has a market capitalization of $207.95 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 1.68 and a beta of 1.55. The firm has a fifty day simple moving average of $118.19 and a two-hundred day simple moving average of $109.01.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. The company had revenue of $23.65 billion for the quarter, compared to analysts' expectations of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business's revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 EPS. Analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.

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