Northstar Advisory Group LLC Has $3.69 Million Stock Holdings in The Walt Disney Company $DIS

Key Points

• Northstar Advisory Group LLC increased its holdings in The Walt Disney Company by 428.8%, now owning approximately $3.69 million worth of shares.
• Several institutional investors have recently made significant investments in Disney, contributing to a total of 65.71% institutional ownership of the company's stock.
• Analysts have positively rated Disney stock, with UBS and Barclays raising their target prices, suggesting a consensus rating of "Moderate Buy" across the board.

Northstar Advisory Group LLC raised its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 428.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,736 shares of the entertainment giant's stock after purchasing an additional 24,113 shares during the quarter. Walt Disney makes up about 1.8% of Northstar Advisory Group LLC's portfolio, making the stock its 14th biggest holding. Northstar Advisory Group LLC's holdings in Walt Disney were worth $3,688,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in DIS. MJT & Associates Financial Advisory Group Inc. bought a new stake in Walt Disney in the first quarter valued at approximately $26,000. Mpwm Advisory Solutions LLC bought a new stake in Walt Disney in the 4th quarter valued at $27,000. Kessler Investment Group LLC raised its stake in Walt Disney by 274.0% in 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 period. Copia Wealth Management acquired a new stake in Walt Disney during the 4th quarter valued at $36,000. Finally, Vermillion Wealth Management Inc. bought a new position in Walt Disney during the fourth quarter worth $39,000. Institutional investors own 65.71% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. UBS Group raised their target price on shares of Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a research note on Wednesday, July 16th. Barclays increased their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. JPMorgan Chase & Co. boosted their price objective on Walt Disney from $130.00 to $138.00 and gave the stock an "overweight" rating in a report on Tuesday, July 29th. Stephens reiterated a "buy" rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Wall Street Zen cut Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 20th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $131.18.

Walt Disney Price Performance

Shares of DIS stock opened at $115.66 on Tuesday. 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 Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The company has a market cap of $207.95 billion, a P/E ratio of 18.13, a P/E/G ratio of 1.68 and a beta of 1.55. The business has a fifty day simple moving average of $118.19 and a 200 day simple moving average of $109.01.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion for 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 for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.39 earnings per share. On average, sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS 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.

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