The Walt Disney Company (NYSE:DIS) Shares Bought by Allworth Financial LP

Allworth Financial LP increased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 8.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 249,670 shares of the entertainment giant's stock after purchasing an additional 20,504 shares during the quarter. Allworth Financial LP's holdings in Walt Disney were worth $22,473,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. Brighton Jones LLC lifted its position in Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock valued at $2,980,000 after acquiring an additional 1,904 shares during the last quarter. Proficio Capital Partners LLC increased its stake in Walt Disney by 13.6% in the fourth quarter. Proficio Capital Partners LLC now owns 16,815 shares of the entertainment giant's stock valued at $1,872,000 after purchasing an additional 2,016 shares during the period. Sage Mountain Advisors LLC raised its stake in Walt Disney by 19.1% during the 4th quarter. Sage Mountain Advisors LLC now owns 7,059 shares of the entertainment giant's stock valued at $786,000 after acquiring an additional 1,134 shares during the last quarter. GC Wealth Management RIA LLC raised its stake in shares of Walt Disney by 7.9% during the fourth quarter. GC Wealth Management RIA LLC now owns 2,938 shares of the entertainment giant's stock worth $327,000 after purchasing an additional 214 shares during the last quarter. Finally, Natural Investments LLC acquired a new stake in shares of Walt Disney in the 4th quarter worth $454,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the sale, the executive vice president owned 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is owned by company insiders.

Walt Disney Stock Performance

DIS stock traded up $0.93 during mid-day trading on Thursday, reaching $121.54. The company had a trading volume of 6,884,396 shares, compared to its average volume of 10,012,746. The stock's 50-day simple moving average is $113.74 and its two-hundred day simple moving average is $106.58. The stock has a market capitalization of $218.50 billion, a P/E ratio of 24.85, a P/E/G ratio of 1.76 and a beta of 1.56. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping the consensus estimate of $1.21 by $0.24. The firm had revenue of $23.62 billion during the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. Walt Disney's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.21 EPS. Research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

DIS has been the subject of several recent analyst reports. Morgan Stanley raised their price target on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Loop Capital raised their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a research note on Monday, April 21st. Jefferies Financial Group upgraded Walt Disney from a "hold" rating to a "buy" rating and increased their target price for the company from $100.00 to $144.00 in a report on Monday, June 30th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a report on Thursday, May 8th. Five investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and a consensus price target of $127.35.

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.