The Walt Disney Company (NYSE:DIS) Shares Purchased by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC grew its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 37.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,969 shares of the entertainment giant's stock after purchasing an additional 11,468 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Walt Disney were worth $4,142,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Waterloo Capital L.P. lifted its stake in shares of Walt Disney by 3.2% in the fourth quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant's stock worth $349,000 after acquiring an additional 97 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in shares of Walt Disney by 0.4% in the fourth quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant's stock worth $2,523,000 after acquiring an additional 98 shares in the last quarter. Acorns Advisers LLC lifted its stake in shares of Walt Disney by 2.6% in the fourth quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant's stock worth $426,000 after acquiring an additional 98 shares in the last quarter. Allegheny Financial Group lifted its stake in shares of Walt Disney by 2.3% in the fourth quarter. Allegheny Financial Group now owns 4,624 shares of the entertainment giant's stock worth $515,000 after acquiring an additional 106 shares in the last quarter. Finally, 1620 Investment Advisors Inc. lifted its stake in shares of Walt Disney by 1.8% in the fourth quarter. 1620 Investment Advisors Inc. now owns 6,236 shares of the entertainment giant's stock worth $694,000 after acquiring an additional 108 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Insider Activity

In other news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction 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 completion of the transaction, the executive vice president owned 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.16% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on DIS shares. Jefferies Financial Group upgraded Walt Disney from a "hold" rating to a "buy" rating and boosted their price target for the stock from $100.00 to $144.00 in a research note on Monday, June 30th. Morgan Stanley upped their price objective on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Loop Capital upped their price objective on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, June 10th. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective on the stock in a research note on Monday, April 21st. Finally, Needham & Company LLC restated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research note on Thursday, May 8th. Five investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $125.83.

Walt Disney Stock Performance

Shares of Walt Disney stock traded down $1.25 on Tuesday, reaching $121.91. 6,619,041 shares of the company were exchanged, compared to its average volume of 10,121,801. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The firm has a market cap of $219.16 billion, a price-to-earnings ratio of 24.93, a P/E/G ratio of 1.81 and a beta of 1.56. The company's 50-day moving average is $112.53 and its two-hundred day moving average is $106.38. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67.

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