The Walt Disney Company (NYSE:DIS) Shares Bought by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC grew its position in shares of The Walt Disney Company (NYSE:DISGet Rating) by 6.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,179 shares of the entertainment giant’s stock after acquiring an additional 1,767 shares during the quarter. Walt Disney comprises 1.3% of Roberts Wealth Advisors LLC’s portfolio, making the stock its 27th biggest position. Roberts Wealth Advisors LLC’s holdings in Walt Disney were worth $2,893,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Connections Group Inc. grew its position in shares of Walt Disney by 38.7% in the 1st quarter. Financial Connections Group Inc. now owns 330 shares of the entertainment giant’s stock worth $45,000 after acquiring an additional 92 shares in the last quarter. Advance Capital Management Inc. grew its position in shares of Walt Disney by 2.2% in the 1st quarter. Advance Capital Management Inc. now owns 4,284 shares of the entertainment giant’s stock worth $588,000 after acquiring an additional 92 shares in the last quarter. Waterfront Wealth Inc. grew its position in shares of Walt Disney by 0.9% in the 4th quarter. Waterfront Wealth Inc. now owns 10,890 shares of the entertainment giant’s stock worth $1,687,000 after acquiring an additional 93 shares in the last quarter. Advanced Research Investment Solutions LLC grew its position in shares of Walt Disney by 39.1% in the 1st quarter. Advanced Research Investment Solutions LLC now owns 331 shares of the entertainment giant’s stock worth $45,000 after acquiring an additional 93 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its position in shares of Walt Disney by 0.8% in the 1st quarter. Main Street Financial Solutions LLC now owns 11,507 shares of the entertainment giant’s stock worth $1,578,000 after acquiring an additional 94 shares in the last quarter. 61.37% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Up 0.8 %

DIS opened at $109.17 on Tuesday. The Walt Disney Company has a one year low of $90.23 and a one year high of $182.23. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.97 and a current ratio of 1.02. The stock’s fifty day moving average is $109.40 and its 200-day moving average is $113.69. The company has a market capitalization of $199.02 billion, a PE ratio of 63.47, a P/E/G ratio of 1.41 and a beta of 1.20.

Walt Disney (NYSE:DISGet Rating) last posted its quarterly earnings data on Wednesday, August 10th. The entertainment giant reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.10. Walt Disney had a return on equity of 7.20% and a net margin of 3.87%. The company had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $21.01 billion. During the same quarter in the previous year, the business earned $0.80 EPS. The company’s quarterly revenue was up 26.5% compared to the same quarter last year. On average, equities analysts predict that The Walt Disney Company will post 3.85 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on DIS. Guggenheim upgraded Walt Disney from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $110.00 to $145.00 in a research report on Thursday, August 11th. Citigroup reduced their price objective on Walt Disney from $165.00 to $145.00 and set a “buy” rating for the company in a research report on Thursday, July 7th. Wells Fargo & Company boosted their price objective on Walt Disney from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday, August 11th. Morgan Stanley reduced their price objective on Walt Disney from $170.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, June 30th. Finally, Credit Suisse Group reduced their price objective on Walt Disney from $170.00 to $157.00 and set an “outperform” rating for the company in a research report on Thursday, August 11th. Five investment analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $151.48.

Insider Activity

In related news, EVP Brent Woodford sold 3,000 shares of the stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $119.03, for a total value of $357,090.00. Following the completion of the sale, the executive vice president now directly owns 28,624 shares of the company’s stock, valued at approximately $3,407,114.72. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Walt Disney Company Profile

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The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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

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