Fiduciary Family Office LLC Invests $885,000 in The Walt Disney Company (NYSE:DIS)

Key Points

• Fiduciary Family Office LLC has invested approximately $885,000 in The Walt Disney Company, acquiring 8,962 shares in the first quarter.
• Several other institutional investors have also increased their positions in Disney, with 65.71% of the company's stock now owned by institutional investors and hedge funds.
• Wall Street analysts have a consensus rating of "Moderate Buy" for Disney, with price targets raised by firms like UBS and Citigroup to between $138 and $140.

Fiduciary Family Office LLC purchased a new stake in The Walt Disney Company (NYSE:DIS - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,962 shares of the entertainment giant's stock, valued at approximately $885,000.

Several other institutional investors have also bought and sold shares of the stock. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney in the fourth quarter worth $27,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Walt Disney during the first quarter worth $26,000. Kessler Investment Group LLC raised its position in shares of Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Copia Wealth Management bought a new stake in shares of Walt Disney during the fourth quarter worth $36,000. Finally, Vermillion Wealth Management Inc. bought a new stake in shares of Walt Disney during the fourth quarter worth $39,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on DIS. Wall Street Zen downgraded Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 20th. Guggenheim increased their price target on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a report on Friday, June 27th. Citigroup increased their price target on Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Barclays increased their price target on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Finally, UBS Group upped their price objective on Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Five analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and a consensus target price of $131.14.

Insider Buying and Selling

In other news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.16% of the company's stock.

Walt Disney Trading Down 0.4%

NYSE DIS opened at $112.40 on Friday. The business's 50-day moving average price is $119.16 and its two-hundred day moving average price is $108.01. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The firm has a market capitalization of $202.07 billion, a PE ratio of 17.62, a price-to-earnings-growth ratio of 1.62 and a beta of 1.56. The company has a current ratio of 0.72, a quick ratio of 0.61 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%. 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 firm posted $1.39 earnings per share. The firm'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 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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