WNY Asset Management LLC Has $1.11 Million Holdings in The Walt Disney Company (NYSE:DIS)

WNY Asset Management LLC raised its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 52.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,225 shares of the entertainment giant's stock after purchasing an additional 3,857 shares during the period. WNY Asset Management LLC's holdings in Walt Disney were worth $1,108,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Mpwm Advisory Solutions LLC bought a new stake in shares of Walt Disney during the 4th quarter worth $27,000. Kessler Investment Group LLC boosted its holdings in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock valued at $27,000 after acquiring an additional 200 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the fourth quarter valued at about $32,000. Copia Wealth Management bought a new position in shares of Walt Disney in the fourth quarter worth about $36,000. Finally, Vermillion Wealth Management Inc. bought a new position in shares of Walt Disney in the fourth quarter worth about $39,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Walt Disney Stock Performance

Walt Disney stock opened at $121.36 on Friday. The stock has a 50-day simple moving average of $117.00 and a 200 day simple moving average of $106.97. The stock has a market capitalization of $218.17 billion, a price-to-earnings ratio of 24.82, a P/E/G ratio of 1.78 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 12-month low of $80.10 and a 12-month high of $124.69.

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a research note on Monday, April 21st. UBS Group upped their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the company a "buy" rating in a research report on Wednesday. Rosenblatt Securities increased their target price on shares of Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a research note on Tuesday, June 3rd. Jefferies Financial Group upgraded Walt Disney from a "hold" rating to a "buy" rating and boosted their price target for the company from $100.00 to $144.00 in a research note on Monday, June 30th. Finally, Needham & Company LLC reaffirmed 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, nineteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $128.13.

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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