The Walt Disney Company $DIS Shares Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC lifted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 12.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,218 shares of the entertainment giant's stock after acquiring an additional 5,403 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in Walt Disney were worth $4,759,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in DIS. Mpwm Advisory Solutions LLC purchased a new stake in Walt Disney during the fourth quarter worth about $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Walt Disney during the first quarter worth about $26,000. Kessler Investment Group LLC boosted its holdings in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after buying an additional 200 shares in the last quarter. Copia Wealth Management purchased a new stake in Walt Disney during the fourth quarter worth about $36,000. Finally, Vermillion Wealth Management Inc. purchased a new stake in Walt Disney during the fourth quarter worth about $39,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Up 0.6%

Shares of NYSE DIS opened at $118.39 on Tuesday. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a market capitalization of $212.86 billion, a PE ratio of 18.56, a price-to-earnings-growth ratio of 1.71 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The firm's 50-day moving average is $119.21 and its two-hundred day moving average is $108.56.

Walt Disney (NYSE:DIS - Get Free Report) last announced 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. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the prior year, the firm earned $1.39 earnings per share. The company's revenue for the quarter was up 2.1% compared to the same quarter last year. Equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Barclays boosted 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 Wednesday, July 9th. Susquehanna reissued a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Citigroup boosted their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Loop Capital boosted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, June 10th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price 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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