Cordatus Wealth Management LLC Buys 879 Shares of The Walt Disney Company (NYSE:DIS)

Cordatus Wealth Management LLC boosted its stake in The Walt Disney Company (NYSE:DIS) by 6.2% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 15,109 shares of the entertainment giant’s stock after buying an additional 879 shares during the period. Cordatus Wealth Management LLC’s holdings in Walt Disney were worth $1,491,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Walt Disney during the first quarter worth approximately $26,000. Mpwm Advisory Solutions LLC bought a new stake in Walt Disney in the 4th quarter valued at $27,000. Kessler Investment Group LLC grew its holdings in Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock valued at $27,000 after buying an additional 200 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in Walt Disney during the 4th quarter worth $32,000. Finally, Copia Wealth Management acquired a new stake in shares of Walt Disney during the fourth quarter worth $36,000. 65.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Barclays upped their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. Needham & Company LLC restated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research report on Thursday, May 8th. Wolfe Research upgraded shares of Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target for the company in a research report on Monday, April 21st. Wall Street Zen cut Walt Disney from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 20th. Finally, Jefferies Financial Group raised Walt Disney from a “hold” rating to a “buy” rating and increased their price target for the stock from $100.00 to $144.00 in a research report on Monday, June 30th. Five equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $128.70.

Walt Disney Stock Performance

Shares of Walt Disney stock opened at $119.56 on Thursday. The stock has a market cap of $214.94 billion, a price-to-earnings ratio of 24.45, a P/E/G ratio of 1.75 and a beta of 1.56. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The company’s fifty day moving average is $118.46 and its 200 day moving average is $107.59.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The company had revenue of $23.62 billion during the quarter, compared to analysts’ expectations of $23.15 billion. During the same quarter in the prior year, the firm posted $1.21 earnings per share. The business’s quarterly revenue was up 7.0% on a year-over-year basis. Sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the company’s stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president directly owned 46,831 shares of the company’s stock, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.16% of the company’s stock.

Walt Disney Company Profile

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.