PFG Investments LLC Has $4.97 Million Holdings in The Walt Disney Company $DIS

PFG Investments LLC lowered its position in shares of The Walt Disney Company (NYSE:DIS) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,047 shares of the entertainment giant’s stock after selling 351 shares during the quarter. PFG Investments LLC’s holdings in Walt Disney were worth $4,966,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in DIS. Brighton Jones LLC increased its holdings in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares during the period. NBC Securities Inc. increased its holdings in shares of Walt Disney by 109,828.6% in the 1st quarter. NBC Securities Inc. now owns 15,390 shares of the entertainment giant’s stock valued at $1,519,000 after purchasing an additional 15,376 shares during the period. LVW Advisors LLC increased its holdings in shares of Walt Disney by 9.8% in the 1st quarter. LVW Advisors LLC now owns 6,005 shares of the entertainment giant’s stock valued at $593,000 after purchasing an additional 535 shares during the period. Gradient Investments LLC increased its stake in Walt Disney by 48.7% in the 1st quarter. Gradient Investments LLC now owns 5,522 shares of the entertainment giant’s stock valued at $545,000 after buying an additional 1,808 shares during the period. Finally, Merit Financial Group LLC increased its stake in Walt Disney by 47.0% in the 1st quarter. Merit Financial Group LLC now owns 57,172 shares of the entertainment giant’s stock valued at $5,643,000 after buying an additional 18,272 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $114.47 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The firm’s 50-day simple moving average is $116.70 and its 200-day simple moving average is $109.75. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The firm has a market cap of $205.81 billion, a P/E ratio of 17.94, a price-to-earnings-growth ratio of 1.66 and a beta of 1.55.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.39 EPS. As a group, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on DIS shares. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Barclays upped their price target 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. Loop Capital upped their target price on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, June 10th. Citigroup upped their target price on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Finally, Rosenblatt Securities upped their target price on Walt Disney from $140.00 to $141.00 and gave the stock a “buy” rating in a research report on Monday, August 11th. Nineteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus 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.