Hara Capital LLC Grows Stake in The Walt Disney Company (NYSE:DIS)

Hara Capital LLC boosted its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 28.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,722 shares of the entertainment giant's stock after purchasing an additional 2,132 shares during the period. Hara Capital LLC's holdings in Walt Disney were worth $960,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Waterloo Capital L.P. lifted its holdings in Walt Disney by 3.2% in the fourth quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant's stock valued at $349,000 after buying an additional 97 shares during the period. Quadrant Capital Group LLC lifted its holdings in Walt Disney by 0.4% in the fourth quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant's stock valued at $2,523,000 after buying an additional 98 shares during the period. Acorns Advisers LLC lifted its holdings in Walt Disney by 2.6% in the fourth quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant's stock valued at $426,000 after buying an additional 98 shares during the period. Allegheny Financial Group lifted its holdings in Walt Disney by 2.3% in the fourth quarter. Allegheny Financial Group now owns 4,624 shares of the entertainment giant's stock valued at $515,000 after buying an additional 106 shares during the period. Finally, 1620 Investment Advisors Inc. raised its holdings in shares of Walt Disney by 1.8% during the fourth quarter. 1620 Investment Advisors Inc. now owns 6,236 shares of the entertainment giant's stock valued at $694,000 after purchasing an additional 108 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were 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 approximately $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.16% of the company's stock.

Walt Disney Trading Up 1.1%

Shares of DIS stock opened at $121.91 on Thursday. The firm has a market cap of $219.17 billion, a P/E ratio of 24.82, a price-to-earnings-growth ratio of 1.78 and a beta of 1.56. The business has a 50-day moving average price of $113.74 and a two-hundred day moving average price of $106.58. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. The company had revenue of $23.62 billion for the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The firm's revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.21 EPS. Equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DIS. Jefferies Financial Group upgraded shares of Walt Disney from a "hold" rating to a "buy" rating and upped their price objective for the company from $100.00 to $144.00 in a report on Monday, June 30th. Needham & Company LLC reiterated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Thursday, May 8th. Loop Capital upped their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Rosenblatt Securities upped their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, June 3rd. Finally, Barclays upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Wednesday. Five research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $127.35.

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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