The Walt Disney Company $DIS Shares Sold by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC decreased its holdings in The Walt Disney Company (NYSE:DIS) by 53.0% in the second quarter, HoldingsChannel.com reports. The firm owned 2,180 shares of the entertainment giant’s stock after selling 2,454 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in Walt Disney were worth $270,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. J. Safra Sarasin Holding AG raised its holdings in Walt Disney by 8.1% in the 1st quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock worth $21,983,000 after purchasing an additional 16,781 shares during the period. Planning Directions Inc. acquired a new position in Walt Disney in the 1st quarter worth about $326,000. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney in the 2nd quarter worth about $4,220,599,000. Wedge Capital Management L L P NC raised its holdings in Walt Disney by 8,744.0% in the 2nd quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock worth $39,724,000 after purchasing an additional 316,707 shares during the period. Finally, WoodTrust Financial Corp raised its holdings 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 during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on DIS. Morgan Stanley boosted their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Evercore ISI boosted their price objective on Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, August 4th. Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Barclays boosted their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 9th. Finally, Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Price Performance

DIS stock opened at $112.49 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The business has a 50 day simple moving average of $116.12 and a 200-day simple moving average of $109.95. The firm has a market capitalization of $202.25 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 1.47 and a beta of 1.54. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69.

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