Activest Wealth Management Has $219,000 Stock Position in The Walt Disney Company (NYSE:DIS)

Activest Wealth Management lifted its stake in shares of The Walt Disney Company (NYSE:DISFree Report) by 51.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,791 shares of the entertainment giant’s stock after purchasing an additional 609 shares during the quarter. Activest Wealth Management’s holdings in Walt Disney were worth $219,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of DIS. Family Capital Trust Co lifted its position in shares of Walt Disney by 2.9% during the 1st quarter. Family Capital Trust Co now owns 45,460 shares of the entertainment giant’s stock worth $5,562,000 after buying an additional 1,301 shares during the last quarter. Townsend & Associates Inc lifted its position in shares of Walt Disney by 1.2% during the 1st quarter. Townsend & Associates Inc now owns 136,934 shares of the entertainment giant’s stock worth $15,571,000 after buying an additional 1,671 shares during the last quarter. Adams Diversified Equity Fund Inc. bought a new stake in shares of Walt Disney during the 1st quarter worth $14,549,000. Premier Path Wealth Partners LLC lifted its position in shares of Walt Disney by 2.1% during the 1st quarter. Premier Path Wealth Partners LLC now owns 20,887 shares of the entertainment giant’s stock worth $2,552,000 after buying an additional 434 shares during the last quarter. Finally, Hedges Asset Management LLC lifted its position in shares of Walt Disney by 3.3% during the 1st quarter. Hedges Asset Management LLC now owns 8,525 shares of the entertainment giant’s stock worth $1,043,000 after buying an additional 275 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented on DIS shares. Bank of America increased their target price on Walt Disney from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, April 1st. The Goldman Sachs Group dropped their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, February 8th. Raymond James increased their target price on Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a research report on Tuesday, March 26th. Morgan Stanley increased their target price on Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, March 4th. Finally, Macquarie increased their target price on Walt Disney from $104.00 to $107.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.52.

Check Out Our Latest Stock Report on DIS

Walt Disney Stock Performance

Shares of DIS stock traded up $0.13 during trading on Tuesday, hitting $103.03. The company’s stock had a trading volume of 7,326,799 shares, compared to its average volume of 12,056,965. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38. The company has a market cap of $187.83 billion, a PE ratio of 111.99, a P/E/G ratio of 1.26 and a beta of 1.40. The business has a fifty day moving average of $113.14 and a 200-day moving average of $102.80. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74.

Walt Disney (NYSE:DISGet Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.09. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The company had revenue of $22.08 billion during the quarter, compared to analyst estimates of $22.12 billion. During the same quarter in the prior year, the business earned $0.93 earnings per share. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. As a group, research analysts anticipate that The Walt Disney Company will post 4.76 earnings per share for the current year.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the sale, the executive vice president now directly owns 4,400 shares in the company, valued at $536,448. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director James P. Gorman acquired 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The shares were bought at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the purchase, the director now owns 20,467 shares in the company, valued at approximately $2,170,116.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the sale, the executive vice president now owns 4,400 shares in the company, valued at $536,448. The disclosure for this sale can be found here. Corporate insiders own 0.10% of the company’s stock.

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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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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