Lbp Am Sa Invests $2.21 Million in The Walt Disney Company $DIS

Key Points

• Lbp Am Sa has invested approximately $2.21 million in The Walt Disney Company, acquiring 17,836 shares during the second quarter.
• Walt Disney reported $1.61 earnings per share for the last quarter, exceeding analysts' expectations of $1.45.
• Currently, 65.71% of Walt Disney's stock is owned by institutional investors and hedge funds, indicating strong institutional interest in the company.

Lbp Am Sa acquired a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,836 shares of the entertainment giant's stock, valued at approximately $2,212,000.

Several other institutional investors also recently modified their holdings of DIS. Brighton Jones LLC increased its stake in shares of Walt Disney by 7.7% during 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 last quarter. Apella Capital LLC grew its stake in Walt Disney by 32.3% in the 1st quarter. Apella Capital LLC now owns 9,509 shares of the entertainment giant's stock valued at $870,000 after buying an additional 2,319 shares during the last quarter. Sendero Wealth Management LLC grew its stake in Walt Disney by 8.9% in the 1st quarter. Sendero Wealth Management LLC now owns 4,746 shares of the entertainment giant's stock valued at $468,000 after buying an additional 386 shares during the last quarter. Warren Street Wealth Advisors LLC grew its stake in Walt Disney by 35.2% in the 1st quarter. Warren Street Wealth Advisors LLC now owns 2,700 shares of the entertainment giant's stock valued at $266,000 after buying an additional 703 shares during the last quarter. Finally, LS Investment Advisors LLC grew its stake in Walt Disney by 4.4% in the 1st quarter. LS Investment Advisors LLC now owns 73,696 shares of the entertainment giant's stock valued at $7,274,000 after buying an additional 3,075 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Performance

NYSE DIS opened at $112.14 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $201.62 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.48 and a beta of 1.54. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The firm has a 50-day moving average price of $116.30 and a two-hundred day moving average price of $109.86.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results 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 net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the prior year, the firm posted $1.39 EPS. The firm's quarterly revenue was up 2.1% on a year-over-year basis. Analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of research reports. Chardan Capital reiterated a "buy" rating on shares of Walt Disney in a research note on Monday, August 11th. Wall Street Zen lowered shares of Walt Disney from a "strong-buy" rating to a "buy" rating in a research note on Sunday, July 20th. Loop Capital upped their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, June 10th. Susquehanna reiterated a "neutral" rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Evercore ISI upped their price target on shares of Walt Disney from $134.00 to $140.00 and gave the company an "outperform" rating in a research note on Monday, August 4th. Nineteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $131.18.

About Walt Disney

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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