Landscape Capital Management L.L.C. Has $3.59 Million Holdings in The Walt Disney Company $DIS

Key Points

• Landscape Capital Management L.L.C. increased its holdings in The Walt Disney Company by 51.1% in Q1, owning 36,343 shares valued at approximately $3.59 million at the end of the quarter.
• The Walt Disney Company reported earnings of $1.61 per share, exceeding analysts' expectations by $0.16, with revenue of $23.65 billion for the quarter.
• Institutional investors and hedge funds control 65.71% of Disney's stock, reflecting a significant interest from large financial entities.

Landscape Capital Management L.L.C. grew its position in The Walt Disney Company (NYSE:DIS - Free Report) by 51.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,343 shares of the entertainment giant's stock after purchasing an additional 12,285 shares during the period. Landscape Capital Management L.L.C.'s holdings in Walt Disney were worth $3,587,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in DIS. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Walt Disney during the 1st quarter valued at about $26,000. Mpwm Advisory Solutions LLC acquired a new position in shares of Walt Disney during the 4th quarter valued at about $27,000. Kessler Investment Group LLC increased its holdings in shares of Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock valued at $27,000 after acquiring an additional 200 shares during the last quarter. Copia Wealth Management acquired a new position in shares of Walt Disney during the 4th quarter valued at about $36,000. Finally, Vermillion Wealth Management Inc. acquired a new position in shares of Walt Disney during the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Price Performance

NYSE:DIS opened at $118.15 on Thursday. The stock's 50-day simple moving average is $119.18 and its 200 day simple moving average is $108.39. The company has a market cap of $212.42 billion, a P/E ratio of 18.52, a P/E/G ratio of 1.70 and a beta of 1.56. 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 Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data 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 analysts' expectations of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business's revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Loop Capital increased their price objective on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Susquehanna restated a "neutral" rating on shares of Walt Disney in a research note on Monday, August 11th. Barclays raised their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 9th. Wall Street Zen cut Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 20th. Finally, Chardan Capital reissued a "buy" rating on shares of Walt Disney in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Walt Disney has an average rating of "Moderate Buy" and an average price target of $131.18.

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.

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