Integrity Alliance LLC. Raises Holdings in The Walt Disney Company $DIS

Key Points

• Integrity Alliance LLC increased its stake in The Walt Disney Company by 273.6%, owning 24,873 shares valued at approximately $2.45 million.
• The stock received various ratings from analysts, with a price target range of $125.00 to $138.00 and an average rating of "Moderate Buy".
• Walt Disney reported earnings of $1.61 per share for the last quarter, exceeding estimates, with revenue of $23.65 billion, indicating a 2.1% year-over-year increase.

Integrity Alliance LLC. increased its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 273.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,873 shares of the entertainment giant's stock after purchasing an additional 18,216 shares during the quarter. Integrity Alliance LLC.'s holdings in Walt Disney were worth $2,455,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ransom Advisory Ltd acquired a new position in Walt Disney during the 1st quarter worth $1,176,000. Aspen Investment Management Inc increased its holdings in shares of Walt Disney by 3.5% in the 1st quarter. Aspen Investment Management Inc now owns 2,938 shares of the entertainment giant's stock valued at $290,000 after acquiring an additional 100 shares during the last quarter. Ilmarinen Mutual Pension Insurance Co increased its holdings in shares of Walt Disney by 4.6% in the 1st quarter. Ilmarinen Mutual Pension Insurance Co now owns 285,000 shares of the entertainment giant's stock valued at $28,130,000 after acquiring an additional 12,604 shares during the last quarter. Advisory Alpha LLC increased its holdings in shares of Walt Disney by 10.1% in the 1st quarter. Advisory Alpha LLC now owns 7,390 shares of the entertainment giant's stock valued at $729,000 after acquiring an additional 680 shares during the last quarter. Finally, SCS Capital Management LLC purchased a new position in shares of Walt Disney in the 1st quarter valued at about $1,007,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DIS has been the topic of a number of recent analyst reports. UBS Group increased their price objective on Walt Disney from $120.00 to $138.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. Wall Street Zen downgraded Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 20th. Guggenheim increased their price objective on Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a report on Friday, June 27th. Stephens reiterated a "buy" rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research report on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $131.18.

Walt Disney Stock Performance

Walt Disney stock traded down $1.06 during mid-day trading on Friday, reaching $116.02. 7,638,964 shares of the company were exchanged, compared to its average volume of 5,960,941. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The firm's 50-day simple moving average is $118.34 and its two-hundred day simple moving average is $109.03. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a market cap of $208.60 billion, a PE ratio of 18.18, a price-to-earnings-growth ratio of 1.69 and a beta of 1.55.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion during the quarter, compared to analysts' expectations of $23.69 billion. During the same period last year, the firm earned $1.39 EPS. The firm's revenue for the quarter was up 2.1% on a year-over-year basis. Equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Company 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.