Westfuller Advisors LLC bought a new stake in The Walt Disney Company (NYSE:DIS - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,109 shares of the entertainment giant's stock, valued at approximately $761,000.
A number of other institutional investors have also recently bought and sold shares of DIS. Kingstone Capital Partners Texas LLC purchased a new stake in Walt Disney in the second quarter valued at approximately $4,220,599,000. Nuveen LLC acquired a new position in Walt Disney during the first quarter valued at approximately $1,353,607,000. Diamond Hill Capital Management Inc. lifted its position in Walt Disney by 1,080.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant's stock valued at $277,993,000 after buying an additional 2,578,004 shares in the last quarter. Vanguard Group Inc. lifted its position in Walt Disney by 1.6% during the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant's stock valued at $15,383,615,000 after buying an additional 2,446,087 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in Walt Disney by 10,567.3% during the first quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant's stock valued at $241,884,000 after buying an additional 2,427,728 shares in the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.
Walt Disney Stock Down 1.0%
DIS stock opened at $113.71 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 Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The firm has a fifty day moving average price of $117.71 and a two-hundred day moving average price of $109.15. The firm has a market cap of $204.44 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 1.65 and a beta of 1.55.
Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share 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 firm had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same quarter in the previous year, the firm earned $1.39 earnings per share. The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. Research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.
Wall Street Analyst Weigh In
DIS has been the topic of a number of recent research reports. Morgan Stanley lifted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a research report on Monday, August 4th. Guggenheim lifted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research report on Friday, June 27th. Raymond James Financial reaffirmed a "neutral" rating on shares of Walt Disney in a research report on Monday, August 11th. Keefe, Bruyette & Woods reaffirmed a "market perform" rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Jefferies Financial Group cut shares of Walt Disney from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $131.18.
Read Our Latest Stock Report on Walt Disney
Walt Disney Company Profile
(
Free Report)
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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