Hudson Valley Investment Advisors Inc. ADV Lowers Stock Holdings in The Walt Disney Company $DIS

Hudson Valley Investment Advisors Inc. ADV lowered its holdings in shares of The Walt Disney Company (NYSE:DIS) by 25.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,535 shares of the entertainment giant’s stock after selling 1,201 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in Walt Disney were worth $438,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. boosted its position in Walt Disney by 82.5% during the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 94 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in Walt Disney during the first quarter worth approximately $26,000. Kessler Investment Group LLC boosted its position in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after purchasing an additional 200 shares in the last quarter. Wolff Wiese Magana LLC boosted its position in Walt Disney by 41.5% during the second quarter. Wolff Wiese Magana LLC now owns 460 shares of the entertainment giant’s stock worth $57,000 after purchasing an additional 135 shares in the last quarter. Finally, First PREMIER Bank boosted its position in Walt Disney by 72.2% during the first quarter. First PREMIER Bank now owns 489 shares of the entertainment giant’s stock worth $48,000 after purchasing an additional 205 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

NYSE:DIS opened at $112.49 on Friday. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $202.25 billion, a P/E ratio of 17.63, a P/E/G ratio of 1.47 and a beta of 1.54. The stock’s fifty day moving average is $116.12 and its two-hundred day moving average is $109.95.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the previous year, the business earned $1.39 earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. Equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on DIS. Needham & Company LLC restated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research report on Tuesday, September 23rd. JPMorgan Chase & Co. raised their target price on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. Guggenheim raised their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, June 27th. UBS Group raised their target price on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research report on Wednesday, July 16th. Finally, Rosenblatt Securities raised their target price on Walt Disney from $140.00 to $141.00 and gave the company a “buy” rating in a research report on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $131.18.

About Walt Disney

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.