LFA Lugano Financial Advisors SA Takes Position in Walt Disney Co (DIS)

LFA Lugano Financial Advisors SA acquired a new stake in Walt Disney Co (NYSE:DIS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,570 shares of the entertainment giant’s stock, valued at approximately $684,000.

Other institutional investors have also made changes to their positions in the company. Trilogy Capital Inc. bought a new position in shares of Walt Disney during the 1st quarter worth $107,000. CSat Investment Advisory L.P. bought a new position in shares of Walt Disney during the 2nd quarter worth $112,000. Live Your Vision LLC grew its position in shares of Walt Disney by 91.6% during the 2nd quarter. Live Your Vision LLC now owns 1,046 shares of the entertainment giant’s stock worth $113,000 after buying an additional 500 shares in the last quarter. BDO Wealth Advisors LLC grew its position in shares of Walt Disney by 184.3% during the 1st quarter. BDO Wealth Advisors LLC now owns 1,140 shares of the entertainment giant’s stock worth $114,000 after buying an additional 739 shares in the last quarter. Finally, Bruderman Asset Management LLC bought a new position in shares of Walt Disney during the 1st quarter worth $116,000. 63.18% of the stock is currently owned by institutional investors.

Shares of NYSE DIS opened at $115.18 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.88 and a quick ratio of 0.81. The firm has a market cap of $171.30 billion, a P/E ratio of 17.27, a P/E/G ratio of 1.45 and a beta of 1.17. Walt Disney Co has a 1-year low of $97.68 and a 1-year high of $119.69.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, August 7th. The entertainment giant reported $1.87 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.10). The company had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.49 billion. Walt Disney had a return on equity of 21.37% and a net margin of 20.76%. During the same quarter last year, the company earned $1.58 earnings per share. As a group, equities analysts forecast that Walt Disney Co will post 6.92 EPS for the current fiscal year.

In other Walt Disney news, EVP Brent Woodford sold 952 shares of the stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $111.87, for a total value of $106,500.24. Following the completion of the sale, the executive vice president now directly owns 26,698 shares in the company, valued at $2,986,705.26. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Chairman Robert A. Iger sold 437,679 shares of the stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $115.00, for a total value of $50,333,085.00. Following the completion of the sale, the chairman now owns 1,498,871 shares of the company’s stock, valued at $172,370,165. The disclosure for this sale can be found here. Insiders have sold a total of 598,858 shares of company stock valued at $68,953,653 over the last 90 days. 0.38% of the stock is currently owned by company insiders.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research raised Walt Disney from a “sell” rating to a “hold” rating in a research report on Monday, October 1st. Morgan Stanley increased their price target on Walt Disney from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Monday, October 15th. ValuEngine raised Walt Disney from a “hold” rating to a “buy” rating in a research report on Friday, October 19th. Barclays raised Walt Disney from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $104.00 to $130.00 in a research report on Friday, October 19th. Finally, Bank of America set a $144.00 price target on Walt Disney and gave the stock a “buy” rating in a research report on Wednesday, August 8th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $120.99.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

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

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