The Walt Disney Company $DIS Shares Sold by Tiller Private Wealth Inc.

Key Points

• Tiller Private Wealth Inc. has reduced its holdings in Walt Disney by 41.1%, now holding 3,797 shares valued at approximately $471,000.
• The latest earnings report revealed a EPS of $1.61, exceeding expectations, with a revenue of $23.65 billion for the quarter.
• Walt Disney's stock currently holds a consensus rating of "Moderate Buy" with a price target of $131.18.

Tiller Private Wealth Inc. reduced its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 41.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,797 shares of the entertainment giant's stock after selling 2,652 shares during the period. Walt Disney comprises approximately 0.2% of Tiller Private Wealth Inc.'s holdings, making the stock its 29th largest holding. Tiller Private Wealth Inc.'s holdings in Walt Disney were worth $471,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DIS. Physician Wealth Advisors Inc. grew its stake in shares of Walt Disney by 3.5% in the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant's stock worth $323,000 after acquiring an additional 87 shares during the last quarter. Bruce G. Allen Investments LLC raised its position in shares of Walt Disney by 9.1% during the second quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant's stock valued at $139,000 after buying an additional 94 shares during the last quarter. Clearstead Trust LLC lifted its stake in shares of Walt Disney by 0.6% in the first quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant's stock valued at $1,629,000 after buying an additional 99 shares during the period. Aspen Investment Management Inc lifted its stake in shares of Walt Disney by 3.5% in the first quarter. Aspen Investment Management Inc now owns 2,938 shares of the entertainment giant's stock valued at $290,000 after buying an additional 100 shares during the period. Finally, Hemington Wealth Management grew its position in Walt Disney by 1.9% during the first quarter. Hemington Wealth Management now owns 5,628 shares of the entertainment giant's stock worth $555,000 after buying an additional 105 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $113.46 on Friday. 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 business's fifty day moving average price is $116.96 and its two-hundred day moving average price is $109.52. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The stock has a market capitalization of $203.99 billion, a price-to-earnings ratio of 17.78, a price-to-earnings-growth ratio of 1.64 and a beta of 1.55.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 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 previous year, the company earned $1.39 EPS. The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on DIS. Chardan Capital reaffirmed a "buy" rating on shares of Walt Disney in a report on Monday, August 11th. Keefe, Bruyette & Woods restated a "market perform" rating on shares of Walt Disney in a research report on Monday, August 11th. Guggenheim raised their target price on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, June 27th. Rosenblatt Securities lifted their price target on shares of Walt Disney from $140.00 to $141.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. Finally, Susquehanna reissued a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus price target of $131.18.

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.

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