Lehman & Derafelo Financial Resources LLC Sells 161 Shares of Walt Disney Co (NYSE:DIS)

Lehman & Derafelo Financial Resources LLC trimmed its position in shares of Walt Disney Co (NYSE:DIS) by 2.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,488 shares of the entertainment giant’s stock after selling 161 shares during the quarter. Lehman & Derafelo Financial Resources LLC’s holdings in Walt Disney were worth $612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Greatmark Investment Partners Inc. lifted its holdings in shares of Walt Disney by 2.6% during the 1st quarter. Greatmark Investment Partners Inc. now owns 3,645 shares of the entertainment giant’s stock valued at $352,000 after buying an additional 93 shares during the period. Diversified Trust Co lifted its holdings in shares of Walt Disney by 4.0% during the 1st quarter. Diversified Trust Co now owns 2,571 shares of the entertainment giant’s stock valued at $248,000 after buying an additional 100 shares during the period. Premier Asset Management LLC lifted its holdings in shares of Walt Disney by 4.8% during the 1st quarter. Premier Asset Management LLC now owns 2,165 shares of the entertainment giant’s stock valued at $209,000 after buying an additional 100 shares during the period. Ellis Investment Partners LLC raised its holdings in Walt Disney by 1.9% in the 2nd quarter. Ellis Investment Partners LLC now owns 5,290 shares of the entertainment giant’s stock worth $597,000 after purchasing an additional 100 shares during the period. Finally, Winning Points Advisors LLC raised its holdings in Walt Disney by 2.6% in the 1st quarter. Winning Points Advisors LLC now owns 3,967 shares of the entertainment giant’s stock worth $383,000 after purchasing an additional 101 shares during the period. 62.66% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on the company. Zacks Investment Research cut Walt Disney from a “hold” rating to a “strong sell” rating and set a $124.00 target price on the stock. in a report on Wednesday, June 17th. Guggenheim raised their target price on Walt Disney from $115.00 to $123.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Wells Fargo & Co raised their target price on Walt Disney from $107.00 to $118.00 and gave the stock an “equal weight” rating in a report on Friday, June 19th. UBS Group reaffirmed a “hold” rating and issued a $126.00 target price on shares of Walt Disney in a report on Thursday, June 25th. Finally, Consumer Edge cut Walt Disney from an “overweight” rating to an “equal weight” rating and set a $125.00 target price on the stock. in a report on Tuesday, June 9th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and thirteen have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $125.35.

Shares of Walt Disney stock traded up $1.28 during trading on Friday, reaching $116.94. 9,623,821 shares of the stock traded hands, compared to its average volume of 10,175,387. The company has a market capitalization of $211.22 billion, a price-to-earnings ratio of 39.51, a P/E/G ratio of 13.50 and a beta of 1.10. The business has a fifty day simple moving average of $115.68 and a two-hundred day simple moving average of $117.27. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.89. Walt Disney Co has a 52-week low of $79.07 and a 52-week high of $153.41.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.23). The firm had revenue of $18.01 billion for the quarter, compared to analysts’ expectations of $17.49 billion. Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.61 EPS. On average, research analysts predict that Walt Disney Co will post 1.38 earnings per share for the current fiscal year.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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