Measured Wealth Private Client Group LLC lowered its stake in shares of Walt Disney Co (NYSE:DIS) by 49.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,703 shares of the entertainment giant’s stock after selling 3,576 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Walt Disney were worth $483,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the business. Marshall Wace LLP grew its holdings in Walt Disney by 571.8% during the 2nd quarter. Marshall Wace LLP now owns 1,168,468 shares of the entertainment giant’s stock valued at $163,166,000 after purchasing an additional 994,529 shares in the last quarter. Koshinski Asset Management Inc. grew its holdings in Walt Disney by 6.4% during the 2nd quarter. Koshinski Asset Management Inc. now owns 11,115 shares of the entertainment giant’s stock valued at $1,552,000 after purchasing an additional 667 shares in the last quarter. Halbert Hargrove Russell LLC acquired a new stake in Walt Disney during the 2nd quarter valued at $599,000. Markel Corp grew its holdings in Walt Disney by 0.9% during the 2nd quarter. Markel Corp now owns 1,823,000 shares of the entertainment giant’s stock valued at $254,564,000 after purchasing an additional 16,500 shares in the last quarter. Finally, WealthPLAN Partners LLC grew its holdings in Walt Disney by 21.6% during the 1st quarter. WealthPLAN Partners LLC now owns 7,040 shares of the entertainment giant’s stock valued at $948,000 after purchasing an additional 1,250 shares in the last quarter. 68.40% of the stock is currently owned by institutional investors.
A number of research analysts have commented on DIS shares. JPMorgan Chase & Co. reiterated a “buy” rating and set a $150.00 price objective on shares of Walt Disney in a research note on Wednesday, August 7th. Zacks Investment Research upgraded shares of Walt Disney from a “strong sell” rating to a “hold” rating and set a $120.00 price objective on the stock in a research note on Tuesday, July 9th. Sanford C. Bernstein set a $130.00 price objective on shares of Walt Disney and gave the company a “hold” rating in a research note on Thursday, September 12th. Morgan Stanley set a $160.00 price objective on shares of Walt Disney and gave the company a “buy” rating in a research note on Friday, August 2nd. Finally, Credit Suisse Group reiterated a “buy” rating and set a $150.00 price objective on shares of Walt Disney in a research note on Thursday, August 8th. Seven research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $151.31.
Shares of Walt Disney stock traded up $0.86 during trading hours on Friday, reaching $130.20. The company’s stock had a trading volume of 187,610 shares, compared to its average volume of 8,495,506. The company’s 50 day simple moving average is $133.98 and its 200 day simple moving average is $134.24. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.67 and a current ratio of 0.70. Walt Disney Co has a one year low of $100.35 and a one year high of $147.15. The stock has a market cap of $235.10 billion, a P/E ratio of 18.39, a price-to-earnings-growth ratio of 4.23 and a beta of 0.96.
Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, August 6th. The entertainment giant reported $1.35 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.76 by ($0.41). The business had revenue of $20.25 billion during the quarter, compared to the consensus estimate of $21.40 billion. Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The company’s quarterly revenue was up 32.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.87 earnings per share. On average, sell-side analysts predict that Walt Disney Co will post 5.74 earnings per share for the current fiscal year.
Walt Disney Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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