Venture Visionary Partners LLC Purchases 2,246 Shares of The Walt Disney Company $DIS

Key Points

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Venture Visionary Partners LLC boosted its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 3.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,648 shares of the entertainment giant's stock after acquiring an additional 2,246 shares during the period. Venture Visionary Partners LLC's holdings in Walt Disney were worth $7,072,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of DIS. Brighton Jones LLC increased its position in shares of 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. Jump Financial LLC bought a new stake in shares of Walt Disney during the fourth quarter worth approximately $1,162,000. Freedom Investment Management Inc. bought a new stake in shares of Walt Disney during the fourth quarter worth approximately $330,000. First Trust Advisors LP boosted its holdings in shares of Walt Disney by 349.6% during the fourth quarter. First Trust Advisors LP now owns 366,221 shares of the entertainment giant's stock worth $40,779,000 after acquiring an additional 284,761 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Walt Disney by 0.4% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 66,502 shares of the entertainment giant's stock valued at $7,405,000 after buying an additional 276 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Wall Street Zen cut Walt Disney from a "strong-buy" rating to a "buy" rating in a research note on Sunday, July 20th. Evercore ISI boosted their price objective on shares of Walt Disney from $134.00 to $140.00 and gave the company an "outperform" rating in a research report on Monday, August 4th. JPMorgan Chase & Co. boosted their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. Citigroup boosted their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a research report on Wednesday, July 9th. Finally, Needham & Company LLC restated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $131.18.

Walt Disney Trading Up 2.1%

NYSE DIS traded up $2.4540 on Friday, reaching $118.6640. The company had a trading volume of 7,152,784 shares, compared to its average volume of 9,713,293. The firm has a market cap of $213.35 billion, a price-to-earnings ratio of 18.60, a P/E/G ratio of 1.69 and a beta of 1.56. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The business has a 50 day moving average of $119.20 and a two-hundred day moving average of $108.21. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating analysts' consensus estimates of $1.45 by $0.16. The business had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.Walt Disney's quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.39 earnings per share. Analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Company 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.