Stillwater Capital Advisors LLC boosted its stake in The Walt Disney Company (NYSE:DIS – Free Report) by 0.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,790 shares of the entertainment giant’s stock after acquiring an additional 358 shares during the period. Walt Disney accounts for 1.4% of Stillwater Capital Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Stillwater Capital Advisors LLC’s holdings in Walt Disney were worth $7,749,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also added to or reduced their stakes in the stock. Morgan Stanley boosted its holdings in Walt Disney by 13.5% in the fourth quarter. Morgan Stanley now owns 46,172,567 shares of the entertainment giant’s stock valued at $4,011,473,000 after acquiring an additional 5,499,014 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Walt Disney by 2.1% in the first quarter. Geode Capital Management LLC now owns 32,495,462 shares of the entertainment giant’s stock valued at $3,245,185,000 after acquiring an additional 671,806 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Walt Disney by 12.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,147,543 shares of the entertainment giant’s stock valued at $2,358,578,000 after acquiring an additional 3,023,997 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its holdings in Walt Disney by 109,924.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 23,666,275 shares of the entertainment giant’s stock valued at $2,056,126,000 after acquiring an additional 23,644,765 shares during the last quarter. Finally, Norges Bank acquired a new position in Walt Disney in the fourth quarter valued at approximately $1,433,075,000. 61.17% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on DIS shares. Citigroup dropped their price target on Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, August 16th. Rosenblatt Securities boosted their price target on Walt Disney from $102.00 to $104.00 and gave the company a “buy” rating in a research note on Tuesday, September 12th. Credit Suisse Group dropped their price target on Walt Disney from $126.00 to $122.00 and set an “outperform” rating on the stock in a research note on Monday, August 21st. Atlantic Securities lowered Walt Disney from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $113.00 to $76.00 in a research note on Tuesday, July 25th. Finally, Barclays dropped their price target on Walt Disney from $107.00 to $88.00 in a research note on Wednesday, June 21st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $114.58.
Walt Disney Trading Down 2.4 %
NYSE DIS opened at $82.95 on Tuesday. The firm has a market capitalization of $151.78 billion, a P/E ratio of 69.13, a PEG ratio of 1.72 and a beta of 1.28. The business has a fifty day simple moving average of $85.78 and a 200 day simple moving average of $91.59. The Walt Disney Company has a 12 month low of $79.75 and a 12 month high of $118.18. The company has a current ratio of 1.07, a quick ratio of 1.00 and a debt-to-equity ratio of 0.44.
Walt Disney (NYSE:DIS – Get Free Report) last announced its quarterly earnings data on Wednesday, August 9th. The entertainment giant reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. The firm had revenue of $22.33 billion during the quarter, compared to the consensus estimate of $22.50 billion. Walt Disney had a return on equity of 6.45% and a net margin of 2.56%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.09 EPS. On average, analysts predict that The Walt Disney Company will post 3.68 EPS for the current fiscal year.
Insider Buying and Selling at Walt Disney
In other Walt Disney news, EVP Sonia L. Coleman sold 959 shares of the company’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $89.05, for a total value of $85,398.95. Following the completion of the transaction, the executive vice president now owns 961 shares in the company, valued at approximately $85,577.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company’s stock.
About Walt Disney
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 networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.
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