Krilogy Financial LLC Has $3.41 Million Holdings in The Walt Disney Company (NYSE:DIS)

Krilogy Financial LLC increased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 12.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 34,496 shares of the entertainment giant's stock after purchasing an additional 3,899 shares during the period. Krilogy Financial LLC's holdings in Walt Disney were worth $3,405,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC lifted its stake in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock worth $2,980,000 after purchasing an additional 1,904 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of Walt Disney by 89.3% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,342 shares of the entertainment giant's stock valued at $706,000 after purchasing an additional 2,992 shares in the last quarter. Life Planning Partners Inc purchased a new position in Walt Disney during the fourth quarter worth $2,542,000. Catalyst Financial Partners LLC boosted its stake in Walt Disney by 13.3% during the fourth quarter. Catalyst Financial Partners LLC now owns 5,708 shares of the entertainment giant's stock worth $636,000 after buying an additional 669 shares during the period. Finally, Bogart Wealth LLC boosted its stake in Walt Disney by 20.8% during the fourth quarter. Bogart Wealth LLC now owns 2,896 shares of the entertainment giant's stock worth $323,000 after buying an additional 498 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred on Tuesday, May 13th. The stock was 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 now directly owns 46,831 shares in the company, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.16% of the company's stock.

Walt Disney Price Performance

Walt Disney stock traded down $0.76 during mid-day trading on Friday, hitting $117.85. 13,143,189 shares of the company were exchanged, compared to its average volume of 10,094,029. The business has a fifty day moving average of $101.58 and a 200 day moving average of $105.85. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $211.86 billion, a PE ratio of 38.39, a price-to-earnings-growth ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $120.50.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The business had revenue of $23.62 billion for the quarter, compared to analysts' expectations of $23.15 billion. During the same quarter last year, the business earned $1.21 earnings per share. The firm's quarterly revenue was up 7.0% compared to the same quarter last year. As a group, sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Morgan Stanley boosted their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. UBS Group boosted their target price on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Guggenheim dropped their price objective on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Thursday, May 8th. Finally, Barclays increased their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Six investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $123.96.

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.