Fusion Family Wealth LLC Holds Position in Walt Disney Company (The) (DIS)

Fusion Family Wealth LLC held its position in Walt Disney Company (The) (NYSE:DIS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,249 shares of the entertainment giant’s stock at the end of the 2nd quarter. Fusion Family Wealth LLC’s holdings in Walt Disney Company (The) were worth $451,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lee Financial Co lifted its position in shares of Walt Disney Company (The) by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after purchasing an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. acquired a new position in shares of Walt Disney Company (The) in the 1st quarter worth approximately $144,000. Allegis Investment Advisors LLC acquired a new position in shares of Walt Disney Company (The) in the 2nd quarter worth approximately $206,000. Weybosset Research & Management LLC lifted its position in shares of Walt Disney Company (The) by 2.6% in the 2nd quarter. Weybosset Research & Management LLC now owns 2,000 shares of the entertainment giant’s stock worth $213,000 after purchasing an additional 50 shares during the period. Finally, Anchor Capital Advisors LLC lifted its position in shares of Walt Disney Company (The) by 1.6% in the 2nd quarter. Anchor Capital Advisors LLC now owns 2,062 shares of the entertainment giant’s stock worth $219,000 after purchasing an additional 32 shares during the period. 61.06% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have recently issued reports on DIS shares. BidaskClub upgraded shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Credit Suisse Group restated an “outperform” rating and issued a $125.00 price target on shares of Walt Disney Company (The) in a research report on Tuesday, July 25th. Vetr downgraded shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price target on the stock. in a research report on Thursday, July 27th. Piper Jaffray Companies set a $130.00 price target on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Finally, FBR & Co dropped their target price on shares of Walt Disney Company (The) from $114.00 to $112.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 9th. Four research analysts have rated the stock with a sell rating, sixteen have given a hold rating and eighteen have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $112.81.

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Shares of Walt Disney Company (NYSE DIS) opened at $103.17 on Wednesday. Walt Disney Company has a fifty-two week low of $96.20 and a fifty-two week high of $116.10. The stock has a market cap of $159,240.00, a PE ratio of 18.38, a PEG ratio of 2.22 and a beta of 1.37. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney Company (The) had a return on equity of 19.66% and a net margin of 16.29%. The firm had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. During the same period in the previous year, the company posted $1.10 earnings per share. The company’s quarterly revenue was down 2.8% compared to the same quarter last year. research analysts predict that Walt Disney Company will post 6.24 EPS for the current year.

Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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

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