The Walt Disney Company $DIS Shares Purchased by Cliftonlarsonallen Wealth Advisors LLC

Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS) by 31.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,971 shares of the entertainment giant’s stock after purchasing an additional 4,292 shares during the period. Cliftonlarsonallen Wealth Advisors LLC’s holdings in Walt Disney were worth $2,229,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of DIS. Brighton Jones LLC lifted its holdings in Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after acquiring an additional 1,904 shares during the period. Merit Financial Group LLC grew its stake in shares of Walt Disney by 47.0% during the 1st quarter. Merit Financial Group LLC now owns 57,172 shares of the entertainment giant’s stock worth $5,643,000 after purchasing an additional 18,272 shares during the period. Triangle Securities Wealth Management increased its holdings in shares of Walt Disney by 6.6% in the 1st quarter. Triangle Securities Wealth Management now owns 11,825 shares of the entertainment giant’s stock valued at $1,167,000 after purchasing an additional 732 shares in the last quarter. Apella Capital LLC lifted its stake in shares of Walt Disney by 32.3% in the first quarter. Apella Capital LLC now owns 9,509 shares of the entertainment giant’s stock valued at $870,000 after purchasing an additional 2,319 shares during the period. Finally, Iams Wealth Management LLC boosted its holdings in Walt Disney by 8.6% during the first quarter. Iams Wealth Management LLC now owns 4,018 shares of the entertainment giant’s stock worth $397,000 after buying an additional 318 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of research analyst reports. Evercore ISI increased their target price on shares of Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, August 4th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. UBS Group lifted their price objective on Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Jefferies Financial Group cut Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $112.97 on Thursday. The business’s fifty day moving average price is $116.50 and its two-hundred day moving average price is $109.77. The stock has a market cap of $203.11 billion, a PE ratio of 17.71, a price-to-earnings-growth ratio of 1.66 and a beta of 1.54. 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 Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

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

About Walt Disney

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.