The Walt Disney Company (NYSE:DIS) Shares Bought by Client 1ST Advisory Group LLC

Client 1ST Advisory Group LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS) by 21.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,100 shares of the entertainment giant’s stock after purchasing an additional 372 shares during the quarter. Client 1ST Advisory Group LLC’s holdings in Walt Disney were worth $209,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gold Investment Management Ltd. acquired a new position in shares of Walt Disney during the 4th quarter valued at about $28,000. ESL Trust Services LLC acquired a new position in Walt Disney during the first quarter worth approximately $31,000. Frank Rimerman Advisors LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $37,000. Mascoma Wealth Management LLC grew its stake in shares of Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after buying an additional 122 shares during the period. Finally, Beaird Harris Wealth Management LLC increased its holdings in shares of Walt Disney by 30.7% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 498 shares of the entertainment giant’s stock worth $45,000 after buying an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In related news, Director Calvin Mcdonald bought 11,756 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was bought at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the purchase, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DIS. Wells Fargo & Company lowered their price target on Walt Disney from $136.00 to $116.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Raymond James dropped their target price on shares of Walt Disney from $123.00 to $101.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Macquarie decreased their price objective on shares of Walt Disney from $107.00 to $94.00 and set a “neutral” rating for the company in a research note on Monday, August 12th. Barclays cut their target price on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Finally, Bank of America decreased their price target on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.95.

Walt Disney Trading Up 1.1 %

NYSE:DIS opened at $89.30 on Friday. The company has a market cap of $161.95 billion, a PE ratio of 97.07, a P/E/G ratio of 1.31 and a beta of 1.40. The business’s 50 day moving average is $91.21 and its two-hundred day moving average is $102.72. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.19. The firm had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.03 earnings per share. On average, analysts predict that The Walt Disney Company will post 4.92 EPS for the current 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.