Integral Investment Advisors Inc. lifted its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 20.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,885 shares of the entertainment giant's stock after buying an additional 2,845 shares during the period. Integral Investment Advisors Inc.'s holdings in Walt Disney were worth $1,667,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in DIS. Trek Financial LLC grew its position in Walt Disney by 479.9% during the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock worth $4,044,000 after acquiring an additional 30,057 shares during the last quarter. Greystone Financial Group LLC grew its stake in Walt Disney by 13.3% in the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock valued at $9,486,000 after acquiring an additional 9,967 shares during the period. FourThought Financial Partners LLC bought a new stake in Walt Disney during the 4th quarter valued at $446,000. Rheos Capital Works Inc. raised its holdings in shares of Walt Disney by 164.7% in the 1st quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock worth $39,026,000 after acquiring an additional 246,000 shares during the last quarter. Finally, Merit Financial Group LLC boosted its position in shares of Walt Disney by 47.0% during the first quarter. Merit Financial Group LLC now owns 57,172 shares of the entertainment giant's stock valued at $5,643,000 after buying an additional 18,272 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.
Walt Disney Stock Performance
NYSE DIS traded down $0.33 during trading hours on Friday, hitting $118.29. 3,198,531 shares of the company's stock traded hands, compared to its average volume of 10,043,113. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $120.50. The business's fifty day moving average price is $100.85 and its two-hundred day moving average price is $105.90. The firm has a market capitalization of $212.65 billion, a P/E ratio of 38.52, a P/E/G ratio of 1.80 and a beta of 1.54. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.
Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. The firm had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company's revenue was up 7.0% on a year-over-year basis. During the same period last year, the firm earned $1.21 EPS. Equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.
Insider Activity at Walt Disney
In related news, EVP Brent Woodford sold 1,000 shares of the company'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 transaction, the executive vice president now directly owns 46,831 shares in the company, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.16% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the stock. Morgan Stanley raised their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. UBS Group increased their price target on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Barclays raised their price target on Walt Disney from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Thursday, May 8th. Finally, Rosenblatt Securities increased their price objective on Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a research note on Tuesday, June 3rd. Six investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Walt Disney presently has an average rating of "Moderate Buy" and an average target price of $123.96.
Read Our Latest Analysis on Walt Disney
About Walt Disney
(
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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