4,319 Shares in The Walt Disney Company (NYSE:DIS) Bought by RKL Wealth Management LLC

RKL Wealth Management LLC purchased a new position in The Walt Disney Company (NYSE:DIS - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,319 shares of the entertainment giant's stock, valued at approximately $426,000.

Several other large investors also recently bought and sold shares of the stock. Brighton Jones LLC raised 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 worth $2,980,000 after acquiring an additional 1,904 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Walt Disney by 28.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 16,362 shares of the entertainment giant's stock worth $1,813,000 after buying an additional 3,603 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $154,000. Plato Investment Management Ltd grew its position in shares of Walt Disney by 10.3% in the 4th quarter. Plato Investment Management Ltd now owns 53,263 shares of the entertainment giant's stock valued at $5,952,000 after buying an additional 4,972 shares during the last quarter. Finally, DJE Kapital AG acquired a new stake in Walt Disney during the 4th quarter worth $61,799,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Trading Down 0.4%

Shares of NYSE DIS traded down $0.51 during midday trading on Wednesday, hitting $122.98. The stock had a trading volume of 7,314,209 shares, compared to its average volume of 10,040,909. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a fifty day moving average price of $109.80 and a 200 day moving average price of $106.10. The company has a market capitalization of $221.09 billion, a price-to-earnings ratio of 25.15, a PEG ratio of 1.81 and a beta of 1.56.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The firm had revenue of $23.62 billion during the quarter, compared to analysts' expectations of $23.15 billion. During the same period in the prior year, the company earned $1.21 EPS. The firm's revenue was up 7.0% on a year-over-year basis. On average, analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm's 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 sale, the executive vice president owned 46,831 shares in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.16% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DIS. Jefferies Financial Group raised Walt Disney from a "hold" rating to a "buy" rating and raised their price objective for the stock from $100.00 to $144.00 in a report on Monday. Barclays raised their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a research note on Monday, April 21st. Needham & Company LLC restated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research report on Thursday, May 8th. Finally, Morgan Stanley increased their price objective on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Five equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $125.79.

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.