Brighton Jones LLC Purchases 374 Shares of The Walt Disney Company (NYSE:DIS)

Brighton Jones LLC grew its stake in The Walt Disney Company (NYSE:DIS) by 1.4% during the second quarter, Holdings Channel.com reports. The fund owned 26,531 shares of the entertainment giant’s stock after purchasing an additional 374 shares during the quarter. Brighton Jones LLC’s holdings in The Walt Disney were worth $4,663,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of DIS. Ironwood Wealth Management LLC. grew its stake in The Walt Disney by 18.8% in the 1st quarter. Ironwood Wealth Management LLC. now owns 3,926 shares of the entertainment giant’s stock worth $724,000 after acquiring an additional 622 shares in the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of The Walt Disney by 5.6% in the 1st quarter. Ausdal Financial Partners Inc. now owns 23,791 shares of the entertainment giant’s stock worth $4,390,000 after purchasing an additional 1,260 shares during the period. Signet Financial Management LLC lifted its position in shares of The Walt Disney by 8.4% in the 1st quarter. Signet Financial Management LLC now owns 4,888 shares of the entertainment giant’s stock worth $902,000 after purchasing an additional 380 shares during the period. Mogy Joel R Investment Counsel Inc. lifted its position in shares of The Walt Disney by 2.5% in the 1st quarter. Mogy Joel R Investment Counsel Inc. now owns 110,776 shares of the entertainment giant’s stock worth $20,440,000 after purchasing an additional 2,663 shares during the period. Finally, Capital Investment Counsel Inc lifted its position in shares of The Walt Disney by 11.0% in the 1st quarter. Capital Investment Counsel Inc now owns 35,641 shares of the entertainment giant’s stock worth $6,576,000 after purchasing an additional 3,542 shares during the period. Institutional investors and hedge funds own 64.10% of the company’s stock.

Several brokerages have recently weighed in on DIS. Barclays upped their price target on shares of The Walt Disney from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, August 13th. Zacks Investment Research cut shares of The Walt Disney from a “buy” rating to a “hold” rating and set a $185.00 target price for the company. in a research report on Wednesday, August 18th. UBS Group increased their target price on shares of The Walt Disney from $215.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, August 13th. The Goldman Sachs Group increased their target price on shares of The Walt Disney from $215.00 to $218.00 and gave the company a “buy” rating in a research report on Friday, August 13th. Finally, BMO Capital Markets increased their target price on shares of The Walt Disney from $190.00 to $195.00 and gave the company a “market perform” rating in a research report on Friday, August 13th. Four equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $208.56.

Shares of DIS stock traded down $0.01 during trading on Wednesday, reaching $182.39. The company’s stock had a trading volume of 189,867 shares, compared to its average volume of 9,566,108. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.24 and a quick ratio of 1.19. The company has a market capitalization of $331.43 billion, a price-to-earnings ratio of 299.02, a P/E/G ratio of 3.50 and a beta of 1.19. The stock’s 50-day moving average price is $178.78 and its 200 day moving average price is $181.34. The Walt Disney Company has a 1-year low of $117.23 and a 1-year high of $203.02.

The Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, August 12th. The entertainment giant reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.23. The firm had revenue of $17.02 billion during the quarter, compared to analysts’ expectations of $16.82 billion. The Walt Disney had a net margin of 1.77% and a return on equity of 3.78%. During the same quarter in the previous year, the business posted $0.08 earnings per share. On average, sell-side analysts anticipate that The Walt Disney Company will post 2.45 EPS for the current fiscal year.

In related news, EVP Brent Woodford sold 8,000 shares of The Walt Disney stock in a transaction that occurred on Friday, August 13th. The shares were sold at an average price of $186.57, for a total value of $1,492,560.00. Following the completion of the transaction, the executive vice president now owns 42,620 shares in the company, valued at $7,951,613.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Robert A. Chapek sold 10,587 shares of The Walt Disney stock in a transaction that occurred on Tuesday, August 31st. The stock was sold at an average price of $182.00, for a total transaction of $1,926,834.00. The disclosure for this sale can be found here. 0.25% of the stock is owned by insiders.

The Walt Disney Company Profile

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International (DTCI). The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.

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

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