Harrell Investment Partners LLC bought a new stake in The Walt Disney Company (NYSE:DIS - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 13,502 shares of the entertainment giant's stock, valued at approximately $1,674,000.
A number of other large investors also recently bought and sold shares of DIS. Kingstone Capital Partners Texas LLC purchased a new position in shares of Walt Disney during the second quarter worth $4,220,599,000. Nuveen LLC purchased a new position in shares of Walt Disney during the first quarter worth $1,353,607,000. Diamond Hill Capital Management Inc. boosted its position in shares of Walt Disney by 1,080.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant's stock worth $277,993,000 after buying an additional 2,578,004 shares during the period. Vanguard Group Inc. boosted its position in shares of Walt Disney by 1.6% during the first 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 during the period. Finally, GAMMA Investing LLC boosted its position in shares of Walt Disney by 10,567.3% during the first quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant's stock worth $241,884,000 after buying an additional 2,427,728 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.
Walt Disney Stock Up 1.1%
Shares of NYSE DIS opened at $113.49 on Thursday. The company has a market capitalization of $204.05 billion, a price-to-earnings ratio of 17.79, a price-to-earnings-growth ratio of 1.62 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 business has a 50-day moving average of $117.30 and a two-hundred day moving average of $109.27. The Walt Disney Company has a 1 year low of $80.10 and a 1 year 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, topping analysts' consensus estimates of $1.45 by $0.16. The company had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.Walt Disney's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.39 EPS. On average, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
DIS has been the subject of several research analyst reports. Needham & Company LLC restated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research report on Tuesday. Loop Capital lifted their target price on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Wall Street Zen lowered Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 20th. Chardan Capital reiterated a "buy" rating on shares of Walt Disney in a report on Monday, August 11th. Finally, JPMorgan Chase & Co. lifted their target price on Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $131.18.
Read Our Latest Stock Report on Walt Disney
Walt Disney Company Profile
(
Free Report)
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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