The Walt Disney Company (NYSE:DIS) Shares Purchased by Nelson Capital Management LLC

Nelson Capital Management LLC boosted its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 32.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,109 shares of the entertainment giant's stock after buying an additional 7,694 shares during the period. Nelson Capital Management LLC's holdings in Walt Disney were worth $3,070,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of DIS. Waterloo Capital L.P. lifted its stake in Walt Disney by 3.2% in the 4th quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant's stock valued at $349,000 after purchasing an additional 97 shares during the last quarter. Quadrant Capital Group LLC boosted its position in Walt Disney by 0.4% during the fourth quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant's stock valued at $2,523,000 after acquiring an additional 98 shares during the last quarter. Acorns Advisers LLC boosted its position in Walt Disney by 2.6% during the fourth quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant's stock valued at $426,000 after acquiring an additional 98 shares during the last quarter. Allegheny Financial Group raised its holdings in shares of Walt Disney by 2.3% during the fourth quarter. Allegheny Financial Group now owns 4,624 shares of the entertainment giant's stock valued at $515,000 after purchasing an additional 106 shares during the period. Finally, Resonant Capital Advisors LLC raised its holdings in shares of Walt Disney by 0.4% in the 1st quarter. Resonant Capital Advisors LLC now owns 26,119 shares of the entertainment giant's stock worth $2,578,000 after acquiring an additional 113 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

Wall Street Analyst Weigh In

DIS has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday. Jefferies Financial Group raised shares of Walt Disney from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $100.00 to $144.00 in a report on Monday, June 30th. Morgan Stanley lifted their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Citigroup lifted their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Finally, UBS Group lifted their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a report on Wednesday, July 16th. Five investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $128.13.

Insider Transactions at Walt Disney

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

Walt Disney Trading Down 0.1%

DIS stock opened at $120.68 on Tuesday. The company has a market cap of $216.96 billion, a P/E ratio of 24.68, a PEG ratio of 1.78 and a beta of 1.56. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. 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 business has a fifty day moving average of $117.00 and a 200-day moving average of $106.95.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The business had revenue of $23.62 billion during the quarter, compared to analysts' expectations of $23.15 billion. During the same period in the previous year, the firm earned $1.21 earnings per share. The firm's quarterly revenue was up 7.0% compared to the same quarter last year. As a group, equities research analysts expect that The Walt Disney Company will post 5.47 EPS 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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