Fort Washington Investment Advisors Inc. OH Has $107.66 Million Position in The Walt Disney Company $DIS

Key Points

• Fort Washington Investment Advisors Inc. OH increased its stake in Walt Disney Company ($DIS) by 37.0% during the second quarter, owning $107.66 million worth of shares.
• Walt Disney reported $1.61 EPS for the last quarter, exceeding estimates, with revenue of $23.65 billion, showing a 2.1% year-over-year increase.
• Multiple analysts have upgraded their price targets for Disney, with Guggenheim raising it to $140.00, and the stock has a consensus rating of "Moderate Buy" with an average price target of $131.18.

Fort Washington Investment Advisors Inc. OH increased its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 37.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 868,154 shares of the entertainment giant's stock after purchasing an additional 234,664 shares during the quarter. Fort Washington Investment Advisors Inc. OH's holdings in Walt Disney were worth $107,660,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new stake in Walt Disney in the second quarter valued at approximately $4,220,599,000. Nuveen LLC bought a new position in shares of Walt Disney in the first quarter valued at approximately $1,353,607,000. Diamond Hill Capital Management Inc. raised its position in shares of 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 purchasing an additional 2,578,004 shares during the period. Vanguard Group Inc. raised its position in shares of 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 purchasing an additional 2,446,087 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of Walt Disney by 10,567.3% in the first quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant's stock valued at $241,884,000 after purchasing an additional 2,427,728 shares during the period. Institutional investors own 65.71% of the company's stock.

Walt Disney Trading Up 0.4%

Shares of Walt Disney stock opened at $113.46 on Friday. The firm has a market capitalization of $203.99 billion, a PE ratio of 17.78, a price-to-earnings-growth ratio of 1.64 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The company's fifty day moving average price is $116.96 and its two-hundred day moving average price is $109.52. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. The firm had revenue of $23.65 billion for the quarter, compared to analyst estimates 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 for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.39 EPS. On average, analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DIS. Guggenheim lifted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research report on Friday, June 27th. Raymond James Financial reaffirmed a "neutral" rating on shares of Walt Disney in a research report on Monday, August 11th. Rosenblatt Securities boosted their target price on shares of Walt Disney from $140.00 to $141.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Evercore ISI boosted their target price on shares of Walt Disney from $134.00 to $140.00 and gave the stock an "outperform" rating in a research report on Monday, August 4th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Walt Disney from $130.00 to $138.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $131.18.

Walt Disney 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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