Smith Chas P & Associates PA Cpas Purchases 670 Shares of The Walt Disney Company $DIS

Smith Chas P & Associates PA Cpas lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 14.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 5,331 shares of the entertainment giant’s stock after purchasing an additional 670 shares during the quarter. Smith Chas P & Associates PA Cpas’ holdings in Walt Disney were worth $661,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC acquired a new position in shares of Walt Disney in the 2nd quarter worth approximately $4,220,599,000. Nuveen LLC bought a new position in shares of Walt Disney during the first quarter valued at $1,353,607,000. Diamond Hill Capital Management Inc. grew its holdings in shares of Walt Disney by 1,080.7% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock worth $277,993,000 after purchasing an additional 2,578,004 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Walt Disney by 1.6% during the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after buying an additional 2,446,087 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in Walt Disney by 10,567.3% in the 1st quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant’s stock valued at $241,884,000 after purchasing an additional 2,427,728 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $113.46 on Monday. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The stock has a market capitalization of $203.99 billion, a PE ratio of 17.78, a PEG ratio of 1.64 and a beta of 1.55. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The firm has a 50 day moving average of $116.96 and a 200-day moving average of $109.61.

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

Wall Street Analyst Weigh In

DIS has been the topic of a number of recent research reports. Barclays increased their price objective on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Stephens reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Citigroup lifted their price objective on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.18.

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.