Catalyst Financial Partners LLC Grows Position in The Walt Disney Company (NYSE:DIS)

Catalyst Financial Partners LLC boosted its position in The Walt Disney Company (NYSE:DIS) by 2.5% in the first quarter, Holdings Channel.com reports. The firm owned 5,850 shares of the entertainment giant’s stock after buying an additional 142 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Walt Disney were worth $577,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Waterloo Capital L.P. grew its holdings in shares of Walt Disney by 3.2% in the fourth quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant’s stock valued at $349,000 after purchasing an additional 97 shares in the last quarter. Quadrant Capital Group LLC boosted its position in Walt Disney by 0.4% in the 4th quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant’s stock worth $2,523,000 after purchasing an additional 98 shares in the last quarter. Acorns Advisers LLC raised its position in Walt Disney by 2.6% during the fourth quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant’s stock worth $426,000 after acquiring an additional 98 shares during the period. Allegheny Financial Group raised its stake in Walt Disney by 2.3% in the 4th quarter. Allegheny Financial Group now owns 4,624 shares of the entertainment giant’s stock valued at $515,000 after purchasing an additional 106 shares during the last quarter. Finally, 1620 Investment Advisors Inc. grew its holdings in shares of Walt Disney by 1.8% during the 4th quarter. 1620 Investment Advisors Inc. now owns 6,236 shares of the entertainment giant’s stock worth $694,000 after purchasing an additional 108 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

DIS has been the topic of several research analyst reports. Needham & Company LLC reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research report on Thursday, May 8th. Citigroup upped their price objective on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, July 9th. Guggenheim upped their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, June 27th. Jefferies Financial Group upgraded Walt Disney from a “hold” rating to a “buy” rating and upped their price target for the stock from $100.00 to $144.00 in a research note on Monday, June 30th. Finally, UBS Group raised their target price on Walt Disney from $105.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Five equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $127.35.

Walt Disney Stock Down 1.4%

NYSE:DIS opened at $119.82 on Monday. The stock’s fifty day moving average price is $114.90 and its two-hundred day moving average price is $106.62. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The company has a market cap of $215.41 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 1.75 and a beta of 1.56.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.24. The company had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.21 EPS. On average, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Activity at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the company’s stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the sale, the executive vice president owned 46,831 shares in the company, valued at $5,190,748.04. This represents a 2.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.16% of the stock is currently owned by corporate insiders.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.