Clarius Group LLC Sells 1,121 Shares of The Walt Disney Company $DIS

Clarius Group LLC lessened its stake in The Walt Disney Company (NYSE:DIS) by 9.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,164 shares of the entertainment giant’s stock after selling 1,121 shares during the period. Clarius Group LLC’s holdings in Walt Disney were worth $1,384,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Physician Wealth Advisors Inc. raised its position in Walt Disney by 3.5% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after purchasing an additional 87 shares during the last quarter. Childress Capital Advisors LLC raised its position in Walt Disney by 3.3% in the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock worth $341,000 after purchasing an additional 87 shares during the last quarter. Bruce G. Allen Investments LLC raised its position in Walt Disney by 9.1% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock worth $139,000 after purchasing an additional 94 shares during the last quarter. DiNuzzo Private Wealth Inc. raised its position in Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 94 shares during the last quarter. Finally, Clearstead Trust LLC raised its position in shares of Walt Disney by 0.6% during the 1st quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock valued at $1,629,000 after acquiring an additional 99 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of NYSE DIS opened at $112.49 on Friday. The firm has a market cap of $202.25 billion, a PE ratio of 17.63, a PEG ratio of 1.48 and a beta of 1.54. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a fifty day moving average price of $116.12 and a 200 day moving average price of $110.02.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.39 EPS. Research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on DIS shares. Jefferies Financial Group cut shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Guggenheim upped their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, June 27th. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Loop Capital upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, June 10th. Finally, Barclays upped their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.