Guardian Wealth Management Inc. Has $1.25 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Guardian Wealth Management Inc. lifted its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 21.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,645 shares of the entertainment giant's stock after buying an additional 2,273 shares during the period. Guardian Wealth Management Inc.'s holdings in Walt Disney were worth $1,248,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Mpwm Advisory Solutions LLC bought a new position in Walt Disney in the 4th quarter worth about $27,000. Kessler Investment Group LLC grew its position in Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in Walt Disney in the 4th quarter worth about $32,000. Copia Wealth Management bought a new position in Walt Disney in the 4th quarter worth about $36,000. Finally, Vermillion Wealth Management Inc. bought a new position in Walt Disney in the 4th quarter worth about $39,000. Institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on DIS shares. Guggenheim upped their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, June 27th. Jefferies Financial Group raised shares of Walt Disney from a "hold" rating to a "buy" rating and upped their price target for the stock from $100.00 to $144.00 in a research note on Monday, June 30th. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target for the company in a research note on Monday, April 21st. Barclays increased 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. Finally, Loop Capital increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, June 10th. Five equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $128.13.

Insider Activity at Walt Disney

In other 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 directly owned 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.16% of the company's stock.

Walt Disney Stock Performance

Shares of NYSE DIS traded down $0.51 during trading hours on Friday, hitting $121.44. 5,587,104 shares of the stock were exchanged, compared to its average volume of 7,479,350. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61. The company's 50 day moving average is $117.97 and its 200 day moving average is $107.35. The firm has a market capitalization of $218.32 billion, a P/E ratio of 24.83, a P/E/G ratio of 1.78 and a beta of 1.56. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.24. The business had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. Walt Disney's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.21 EPS. On average, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

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.