The Walt Disney Company $DIS Shares Bought by Aptus Capital Advisors LLC

Key Points

• Aptus Capital Advisors LLC increased its stake in The Walt Disney Company by 14.4% during the 1st quarter, owning 55,354 shares valued at approximately $5.46 million.
• Multiple analysts have revised their price targets for Disney stocks, with UBS Group setting a target of $138.00 and Jefferies Financial Group downgrading from "strong-buy" to "hold."
• Disney's recent earnings report showed an EPS of $1.61, exceeding expectations, while revenue reached $23.65 billion, marking a 2.1% increase year-over-year.

Aptus Capital Advisors LLC grew its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 14.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,354 shares of the entertainment giant's stock after acquiring an additional 6,969 shares during the period. Aptus Capital Advisors LLC's holdings in Walt Disney were worth $5,463,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in Walt Disney during the 1st quarter worth $26,000. Mpwm Advisory Solutions LLC bought a new position in shares of Walt Disney in the 4th quarter worth about $27,000. Kessler Investment Group LLC lifted its position in shares of Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after buying an additional 200 shares during the last quarter. Copia Wealth Management bought a new position in shares of Walt Disney in the 4th quarter worth about $36,000. Finally, Vermillion Wealth Management Inc. bought a new position in shares of Walt Disney in the 4th quarter worth about $39,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on DIS shares. UBS Group raised their price target on shares of Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Jefferies Financial Group downgraded shares of Walt Disney from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 11th. Evercore ISI raised their price target on shares of Walt Disney from $134.00 to $140.00 and gave the stock an "outperform" rating in a research report on Monday, August 4th. JPMorgan Chase & Co. raised their price target on shares of Walt Disney from $130.00 to $138.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 29th. Finally, Susquehanna restated a "neutral" rating on shares of Walt Disney in a research report on Monday, August 11th. One equities research 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 stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $131.18.

Walt Disney Trading Down 0.3%

Shares of NYSE:DIS opened at $116.2030 on Wednesday. The company has a market cap of $208.92 billion, a PE ratio of 18.21, a P/E/G ratio of 1.68 and a beta of 1.56. The company's 50-day moving average price is $119.29 and its 200 day moving average price is $108.14. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week 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.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. The firm had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. Walt Disney's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $1.39 EPS. Sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

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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