Sapient Capital LLC Purchases 182,082 Shares of The Walt Disney Company $DIS

Sapient Capital LLC lifted its position in The Walt Disney Company (NYSE:DIS - Free Report) by 82.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 401,947 shares of the entertainment giant's stock after buying an additional 182,082 shares during the quarter. Walt Disney comprises approximately 0.9% of Sapient Capital LLC's holdings, making the stock its 22nd biggest position. Sapient Capital LLC's holdings in Walt Disney were worth $50,052,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Walt Disney during the 1st quarter valued at $26,000. Mpwm Advisory Solutions LLC acquired a new stake in Walt Disney during the 4th quarter valued at $27,000. Kessler Investment Group LLC lifted its holdings in 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 purchasing an additional 200 shares during the last quarter. Copia Wealth Management acquired a new stake in Walt Disney during the 4th quarter valued at $36,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in Walt Disney during the 4th quarter valued at $39,000. 65.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DIS. JPMorgan Chase & Co. raised their price target on Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a report on Tuesday, July 29th. Evercore ISI lifted their target price on Walt Disney from $134.00 to $140.00 and gave the stock an "outperform" rating in a report on Monday, August 4th. Morgan Stanley lifted their target price on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. Jefferies Financial Group downgraded Walt Disney from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. Finally, Raymond James Financial reissued a "neutral" 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 given a Hold rating to the company's stock. Based on data from MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and a consensus price target of $131.18.

Walt Disney Stock Performance

Walt Disney stock opened at $115.30 on Wednesday. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. 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 business's 50-day moving average price is $118.06 and its two-hundred day moving average price is $109.05. The stock has a market cap of $207.30 billion, a PE ratio of 18.07, a P/E/G ratio of 1.67 and a beta of 1.55.

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. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $23.65 billion for the quarter, compared to analysts' expectations of $23.69 billion. During the same quarter in the previous year, the business posted $1.39 earnings per share. The business's revenue for the quarter was up 2.1% on a year-over-year basis. As a group, analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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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