Quadrant Private Wealth Management LLC Has $1.82 Million Stock Holdings in Walt Disney Co (NYSE:DIS)

Quadrant Private Wealth Management LLC increased its position in shares of Walt Disney Co (NYSE:DIS) by 139.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 18,798 shares of the entertainment giant’s stock after purchasing an additional 10,932 shares during the period. Walt Disney makes up about 1.5% of Quadrant Private Wealth Management LLC’s portfolio, making the stock its 15th biggest holding. Quadrant Private Wealth Management LLC’s holdings in Walt Disney were worth $1,816,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DIS. Candriam Luxembourg S.C.A. boosted its position in shares of Walt Disney by 31.4% during the 4th quarter. Candriam Luxembourg S.C.A. now owns 631,644 shares of the entertainment giant’s stock worth $91,365,000 after acquiring an additional 151,060 shares in the last quarter. CHURCHILL MANAGEMENT Corp boosted its position in shares of Walt Disney by 4.2% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 99,661 shares of the entertainment giant’s stock worth $14,414,000 after acquiring an additional 4,043 shares in the last quarter. Pegasus Asset Management Inc. boosted its position in Walt Disney by 7.3% in the fourth quarter. Pegasus Asset Management Inc. now owns 21,010 shares of the entertainment giant’s stock valued at $3,039,000 after buying an additional 1,423 shares in the last quarter. Allen Capital Group LLC boosted its position in Walt Disney by 4.6% in the fourth quarter. Allen Capital Group LLC now owns 5,851 shares of the entertainment giant’s stock valued at $846,000 after buying an additional 259 shares in the last quarter. Finally, Lucia Wealth Services LLC boosted its position in Walt Disney by 4.4% in the fourth quarter. Lucia Wealth Services LLC now owns 8,728 shares of the entertainment giant’s stock valued at $1,262,000 after buying an additional 371 shares in the last quarter. Institutional investors and hedge funds own 63.10% of the company’s stock.

Shares of NYSE DIS opened at $118.02 on Friday. Walt Disney Co has a twelve month low of $79.07 and a twelve month high of $153.41. The firm has a fifty day simple moving average of $104.80 and a 200 day simple moving average of $127.09. The company has a market capitalization of $212.83 billion, a PE ratio of 39.87, a P/E/G ratio of 11.04 and a beta of 1.08. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 0.45.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). Walt Disney had a return on equity of 9.09% and a net margin of 6.88%. The firm had revenue of $18.01 billion for the quarter, compared to the consensus estimate of $17.49 billion. During the same period in the prior year, the business earned $1.61 EPS. Walt Disney’s quarterly revenue was up 20.7% on a year-over-year basis. As a group, equities analysts expect that Walt Disney Co will post 2.09 earnings per share for the current fiscal year.

A number of brokerages have weighed in on DIS. Bank of America restated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research report on Wednesday, February 26th. Cfra cut their target price on shares of Walt Disney from $160.00 to $120.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Argus cut their target price on shares of Walt Disney from $160.00 to $130.00 and set a “buy” rating on the stock in a research report on Friday, March 13th. BMO Capital Markets cut their target price on shares of Walt Disney from $150.00 to $140.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Finally, TheStreet lowered shares of Walt Disney from a “b-” rating to a “c+” rating in a research report on Thursday, March 12th. Fourteen research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $126.58.

About Walt Disney

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

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