The Walt Disney Company $DIS Shares Bought by Signaturefd LLC

Key Points

• Signaturefd LLC increased its holdings in The Walt Disney Company by 7.4%, now owning 57,585 shares valued at approximately $7.14 million.
• Analysts have recently raised their price targets for Disney, with Barclays setting a target of $140, reflecting a growing optimism among equity analysts regarding the company's performance.
• Walt Disney reported earnings of $1.61 per share for the last quarter, surpassing estimates and indicating a revenue increase of 2.1% compared to the previous year.

Signaturefd LLC boosted its position in The Walt Disney Company (NYSE:DIS - Free Report) by 7.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 57,585 shares of the entertainment giant's stock after purchasing an additional 3,965 shares during the quarter. Signaturefd LLC's holdings in Walt Disney were worth $7,141,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in DIS. J. Safra Sarasin Holding AG increased its stake in Walt Disney by 8.1% in the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant's stock valued at $21,983,000 after purchasing an additional 16,781 shares during the last quarter. Planning Directions Inc. acquired a new position in Walt Disney in the first quarter valued at $326,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Walt Disney during the 2nd quarter valued at about $4,220,599,000. Wedge Capital Management L L P NC increased its stake in shares of Walt Disney by 8,744.0% during the 2nd quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant's stock valued at $39,724,000 after acquiring an additional 316,707 shares during the last quarter. Finally, WoodTrust Financial Corp increased its stake in shares of Walt Disney by 6.7% during the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock valued at $9,491,000 after acquiring an additional 6,047 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on DIS shares. Barclays upped their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 9th. Rosenblatt Securities upped their price objective on Walt Disney from $140.00 to $141.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Needham & Company LLC restated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Tuesday. Morgan Stanley upped their price target on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Finally, Chardan Capital restated a "buy" rating on shares of Walt Disney in a research note 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 issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $131.18.

Walt Disney Stock Up 0.4%

Shares of NYSE DIS opened at $113.46 on Friday. 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 cap of $203.99 billion, a P/E ratio of 17.78, a P/E/G ratio of 1.63 and a beta of 1.55. 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 stock has a fifty day moving average price of $116.96 and a 200 day moving average price of $109.44.

Walt Disney (NYSE:DIS - Get Free Report) last posted 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 business had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same quarter last 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. Research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal 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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