The Walt Disney Company $DIS is Autumn Glory Partners LLC's 9th Largest Position

Key Points

• Autumn Glory Partners LLC has decreased its stake in The Walt Disney Company by 7.4%, now holding 31,669 shares, which makes Disney its 9th largest position.
• Other hedge funds, such as Brighton Jones LLC and Vest Financial LLC, have increased their stakes in Disney by 7.7% and 73.5%, respectively, reflecting confidence in the company.
• Walt Disney reported an earnings per share (EPS) of $1.61 for the last quarter, surpassing analysts' expectations, with revenue of $23.65 billion, although slightly below estimates.

Autumn Glory Partners LLC lessened its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 7.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,669 shares of the entertainment giant's stock after selling 2,540 shares during the quarter. Walt Disney accounts for about 1.8% of Autumn Glory Partners LLC's holdings, making the stock its 9th biggest holding. Autumn Glory Partners LLC's holdings in Walt Disney were worth $3,927,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock valued at $2,980,000 after purchasing an additional 1,904 shares in the last quarter. Vest Financial LLC raised its holdings in shares of Walt Disney by 73.5% in the 1st quarter. Vest Financial LLC now owns 12,996 shares of the entertainment giant's stock valued at $1,283,000 after purchasing an additional 5,507 shares in the last quarter. Impact Capital Partners LLC raised its holdings in shares of Walt Disney by 5.7% in the 1st quarter. Impact Capital Partners LLC now owns 2,897 shares of the entertainment giant's stock valued at $286,000 after purchasing an additional 156 shares in the last quarter. Clean Yield Group raised its holdings in shares of Walt Disney by 4.7% in the 1st quarter. Clean Yield Group now owns 5,539 shares of the entertainment giant's stock valued at $547,000 after purchasing an additional 250 shares in the last quarter. Finally, Perennial Advisors LLC raised its holdings in shares of Walt Disney by 8.1% in the 1st quarter. Perennial Advisors LLC now owns 61,288 shares of the entertainment giant's stock valued at $6,049,000 after purchasing an additional 4,616 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Performance

Shares of DIS opened at $112.49 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The firm has a market cap of $202.25 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54. The company's 50 day simple moving average is $116.12 and its 200-day simple moving average is $110.10. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last announced its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $1.39 earnings per share. As a group, equities analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on DIS. Chardan Capital restated a "buy" rating on shares of Walt Disney in a report on Monday, August 11th. Raymond James Financial reissued a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Wall Street Zen cut shares of Walt Disney from a "buy" rating to a "hold" rating in a report on Friday. Morgan Stanley raised their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. Finally, Evercore ISI raised their price objective on shares of Walt Disney from $134.00 to $140.00 and gave the stock an "outperform" rating in a report on Monday, August 4th. Nineteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $131.18.

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.

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