Insight Wealth Strategies LLC lifted its position in The Walt Disney Company (NYSE:DIS – Get Rating) by 18.8% in the 1st quarter, HoldingsChannel reports. The firm owned 11,288 shares of the entertainment giant’s stock after purchasing an additional 1,789 shares during the quarter. Insight Wealth Strategies LLC’s holdings in Walt Disney were worth $1,548,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Syverson Strege & Co raised its stake in shares of Walt Disney by 384.8% in the fourth quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant’s stock worth $25,000 after purchasing an additional 127 shares during the last quarter. Sandy Cove Advisors LLC purchased a new position in shares of Walt Disney in the fourth quarter worth about $27,000. MBM Wealth Consultants LLC raised its stake in shares of Walt Disney by 94.7% in the fourth quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant’s stock worth $34,000 after purchasing an additional 107 shares during the last quarter. Advanced Research Investment Solutions LLC raised its position in Walt Disney by 46.0% during the fourth quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant’s stock valued at $36,000 after acquiring an additional 75 shares in the last quarter. Finally, Delos Wealth Advisors LLC raised its position in Walt Disney by 2,933.3% during the fourth quarter. Delos Wealth Advisors LLC now owns 273 shares of the entertainment giant’s stock valued at $42,000 after acquiring an additional 264 shares in the last quarter. Hedge funds and other institutional investors own 64.17% of the company’s stock.
Several research analysts recently weighed in on the company. KGI Securities assumed coverage on Walt Disney in a research report on Monday, May 23rd. They set an “outperform” rating and a $145.00 price target for the company. Loop Capital reduced their price target on Walt Disney from $190.00 to $165.00 in a research report on Monday, April 4th. StockNews.com cut Walt Disney from a “hold” rating to a “sell” rating in a research report on Thursday, June 2nd. Rosenblatt Securities assumed coverage on Walt Disney in a research report on Tuesday, April 19th. They set a “buy” rating and a $177.00 price target for the company. Finally, Tigress Financial reiterated a “buy” rating and set a $229.00 price target on shares of Walt Disney in a research report on Friday, April 1st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $167.56.
Shares of NYSE:DIS opened at $93.50 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.06 and a quick ratio of 1.01. The business’s 50 day moving average price is $108.79 and its 200-day moving average price is $132.54. The firm has a market capitalization of $170.23 billion, a PE ratio of 64.48, a P/E/G ratio of 1.09 and a beta of 1.21. The Walt Disney Company has a 1 year low of $92.01 and a 1 year high of $187.58.
Walt Disney (NYSE:DIS – Get Rating) last issued its quarterly earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. During the same period last year, the business earned $0.79 earnings per share. As a group, analysts expect that The Walt Disney Company will post 4.03 earnings per share for the current year.
About Walt Disney (Get Rating)
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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