The Walt Disney Company (NYSE:DIS) Shares Bought by Strategic Family Wealth Counselors L.L.C.

Strategic Family Wealth Counselors L.L.C. raised its position in The Walt Disney Company (NYSE:DIS) by 7.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 8,499 shares of the entertainment giant’s stock after acquiring an additional 589 shares during the quarter. Strategic Family Wealth Counselors L.L.C.’s holdings in Walt Disney were worth $839,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DIS. Planning Directions Inc. purchased a new position in Walt Disney in the 1st quarter worth approximately $326,000. Trek Financial LLC lifted its stake in Walt Disney by 479.9% in the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant’s stock worth $4,044,000 after purchasing an additional 30,057 shares in the last quarter. WoodTrust Financial Corp lifted its stake in Walt Disney by 6.7% in the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock worth $9,491,000 after purchasing an additional 6,047 shares in the last quarter. Bank of Stockton lifted its stake in Walt Disney by 4.4% in the 1st quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant’s stock worth $897,000 after purchasing an additional 383 shares in the last quarter. Finally, Rheos Capital Works Inc. lifted its stake in Walt Disney by 164.7% in the 1st quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant’s stock worth $39,026,000 after purchasing an additional 246,000 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have weighed in on DIS. JPMorgan Chase & Co. raised their target price on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research note on Tuesday. Barclays raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 9th. Wall Street Zen lowered shares of Walt Disney from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Thursday, May 8th. Finally, Morgan Stanley lifted their price target on shares of Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, May 8th. Five analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $128.70.

Walt Disney Stock Down 2.1%

Walt Disney stock opened at $116.57 on Friday. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The firm has a 50 day moving average price of $118.76 and a 200 day moving average price of $107.72. The company has a market capitalization of $209.56 billion, a PE ratio of 23.84, a price-to-earnings-growth ratio of 1.74 and a beta of 1.56.

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

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the business’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 completion of the transaction, the executive vice president owned 46,831 shares in the company, valued at $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.16% of the stock is currently owned by company insiders.

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.