Retireful LLC Makes New Investment in The Walt Disney Company $DIS

Key Points

• Retireful LLC acquired a new stake in The Walt Disney Company, purchasing 2,351 shares valued at approximately $292,000 during the second quarter.
• Numerous other institutional investors, including Brighton Jones LLC and Park Square Financial Group LLC, have also increased their holdings in Disney, with institutional ownership now at 65.71%.
• Analysts remain optimistic about Disney, with ratings that include one "Strong Buy," nineteen "Buy," and eight "Hold," leading to an average target price of $131.18.

Retireful LLC acquired a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,351 shares of the entertainment giant's stock, valued at approximately $292,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position 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 valued at $2,980,000 after acquiring an additional 1,904 shares in the last quarter. Park Square Financial Group LLC acquired a new stake in Walt Disney during the fourth quarter valued at approximately $105,000. Wood Tarver Financial Group LLC bought a new stake in shares of Walt Disney in the 4th quarter valued at approximately $166,000. Copia Wealth Management acquired a new position in shares of Walt Disney in the 4th quarter worth approximately $36,000. Finally, Bannerman Wealth Management Group LLC acquired a new position in shares of Walt Disney in the 4th quarter worth approximately $266,000. 65.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DIS. Loop Capital upped their price target on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th. Wall Street Zen lowered shares of Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 20th. Morgan Stanley lifted 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 Monday, August 4th. Chardan Capital reaffirmed a "buy" rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Keefe, Bruyette & Woods reiterated a "market perform" rating on shares of Walt Disney in a research note on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and an average target price of $131.18.

Walt Disney Stock Up 1.1%

NYSE DIS opened at $113.49 on Thursday. The stock has a market capitalization of $204.05 billion, a P/E ratio of 17.79, a price-to-earnings-growth ratio of 1.62 and a beta of 1.55. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. 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 stock has a fifty day moving average of $117.30 and a 200-day moving average of $109.27.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. The business 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 firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.39 earnings per share. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current 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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