Physicians Financial Services Inc. raised its holdings in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 1.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,447 shares of the entertainment giant’s stock after purchasing an additional 350 shares during the period. Physicians Financial Services Inc.’s holdings in Walt Disney were worth $2,248,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of DIS. Dohj LLC grew its stake in shares of Walt Disney by 1.2% in the 4th quarter. Dohj LLC now owns 7,511 shares of the entertainment giant’s stock worth $653,000 after purchasing an additional 91 shares during the last quarter. Wealth Advisory Solutions LLC boosted its position in Walt Disney by 1.6% during the fourth quarter. Wealth Advisory Solutions LLC now owns 5,981 shares of the entertainment giant’s stock worth $520,000 after purchasing an additional 94 shares during the period. Compton Capital Management Inc. RI raised its holdings in Walt Disney by 0.5% in the 1st quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock worth $2,838,000 after acquiring an additional 100 shares during the period. Carolinas Wealth Consulting LLC raised its holdings in Walt Disney by 2.9% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock worth $490,000 after acquiring an additional 100 shares during the period. Finally, Alterna Wealth Management Inc. raised its holdings in Walt Disney by 4.4% in the 4th quarter. Alterna Wealth Management Inc. now owns 2,387 shares of the entertainment giant’s stock worth $207,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 61.17% of the company’s stock.
Analyst Ratings Changes
DIS has been the topic of several recent analyst reports. Macquarie downgraded shares of Walt Disney from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $125.00 to $103.00 in a report on Friday, May 19th. Rosenblatt Securities increased their target price on Walt Disney from $102.00 to $104.00 and gave the stock a “buy” rating in a report on Tuesday. StockNews.com started coverage on Walt Disney in a report on Thursday, August 17th. They issued a “sell” rating for the company. KeyCorp decreased their price target on Walt Disney from $120.00 to $107.00 and set an “overweight” rating on the stock in a research report on Thursday, May 25th. Finally, Evercore ISI decreased their price target on Walt Disney from $130.00 to $110.00 and set an “outperform” rating on the stock in a research report on Monday, July 24th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and seventeen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.35.
Walt Disney Stock Performance
NYSE DIS opened at $83.68 on Wednesday. The Walt Disney Company has a 1 year low of $79.75 and a 1 year high of $118.18. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.07 and a quick ratio of 1.00. The stock has a market capitalization of $153.12 billion, a PE ratio of 68.03, a P/E/G ratio of 1.62 and a beta of 1.28. The company’s 50 day simple moving average is $86.05 and its two-hundred day simple moving average is $91.91.
Walt Disney (NYSE:DIS – Get Free Report) last posted its quarterly earnings data on Wednesday, August 9th. The entertainment giant reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.04. The firm had revenue of $22.33 billion for the quarter, compared to analysts’ expectations of $22.50 billion. Walt Disney had a net margin of 2.56% and a return on equity of 6.45%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company posted $1.09 EPS. Analysts predict that The Walt Disney Company will post 3.68 earnings per share for the current fiscal year.
Insider Activity
In other Walt Disney news, EVP Sonia L. Coleman sold 959 shares of Walt Disney stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $89.05, for a total value of $85,398.95. Following the completion of the transaction, the executive vice president now directly owns 961 shares of the company’s stock, valued at $85,577.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.10% of the company’s stock.
Walt Disney Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.
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