Whipplewood Advisors LLC Purchases 145 Shares of The Walt Disney Company $DIS

Whipplewood Advisors LLC boosted its position in shares of The Walt Disney Company (NYSE:DIS) by 4.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 3,357 shares of the entertainment giant’s stock after purchasing an additional 145 shares during the quarter. Whipplewood Advisors LLC’s holdings in Walt Disney were worth $416,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC purchased a new stake in Walt Disney during the 2nd quarter valued at $4,220,599,000. Nuveen LLC purchased a new stake in Walt Disney during the first quarter valued at $1,353,607,000. Diamond Hill Capital Management Inc. lifted its holdings in Walt Disney by 1,080.7% in the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock valued at $277,993,000 after acquiring an additional 2,578,004 shares during the period. Vanguard Group Inc. boosted its position in Walt Disney by 1.6% in the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after purchasing an additional 2,446,087 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Walt Disney by 9.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant’s stock valued at $1,826,930,000 after purchasing an additional 1,642,907 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 1.2%

DIS opened at $111.64 on Friday. The company has a market capitalization of $200.72 billion, a PE ratio of 17.50, a price-to-earnings-growth ratio of 1.46 and a beta of 1.54. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The firm has a 50-day simple moving average of $114.64 and a two-hundred day simple moving average of $111.84. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32.

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

Analysts Set New Price Targets

DIS has been the topic of several recent research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Walt Disney in a research report on Friday. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Citigroup boosted their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $141.00 price objective on shares of Walt Disney in a research report on Friday, October 17th. Nineteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.90.

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.