The Walt Disney Company $DIS Shares Bought by RPG Investment Advisory LLC

Key Points

• RPG Investment Advisory LLC increased its stake in The Walt Disney Company by 96.0%, owning 221,210 shares worth approximately $21.83 million following the purchase of 108,368 additional shares.
• Analysts have given Walt Disney a Moderate Buy rating, with price targets ranging from $125.00 to $141.00 after the company reported earnings of $1.61 per share, exceeding estimates.
• Shares of Walt Disney are currently trading at $116.24, with a 52-week high of $124.69 and a low of $80.10, reflecting a market capitalization of $208.98 billion.

RPG Investment Advisory LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 96.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 221,210 shares of the entertainment giant's stock after purchasing an additional 108,368 shares during the period. Walt Disney accounts for about 1.6% of RPG Investment Advisory LLC's holdings, making the stock its 28th biggest position. RPG Investment Advisory LLC's holdings in Walt Disney were worth $21,833,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of DIS. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Walt Disney during the 1st quarter worth approximately $26,000. Mpwm Advisory Solutions LLC acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $27,000. Kessler Investment Group LLC raised its position in shares of Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Copia Wealth Management acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $36,000. Finally, Vermillion Wealth Management Inc. acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $39,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on DIS shares. Susquehanna restated a "neutral" rating on shares of Walt Disney in a research report on Monday, August 11th. Chardan Capital reiterated a "buy" rating on shares of Walt Disney in a report on Monday, August 11th. Guggenheim boosted their price target on Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a report on Friday, June 27th. Needham & Company LLC reiterated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a report on Thursday, August 7th. Finally, Rosenblatt Securities boosted their price target on Walt Disney from $140.00 to $141.00 and gave the company a "buy" rating in a report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat, Walt Disney has an average rating of "Moderate Buy" and an average target price of $131.18.

Walt Disney Stock Down 0.7%

Shares of NYSE DIS opened at $116.2350 on Friday. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The firm has a fifty day moving average of $119.20 and a 200-day moving average of $108.21. The stock has a market capitalization of $208.98 billion, a PE ratio of 18.22, a P/E/G ratio of 1.69 and a beta of 1.56. 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 announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion during the quarter, compared to analysts' expectations of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm's revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.39 EPS. On average, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.