Invictus Private Wealth LLC Acquires 15,326 Shares of The Walt Disney Company $DIS

Invictus Private Wealth LLC increased its holdings in The Walt Disney Company (NYSE:DIS) by 21.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 87,932 shares of the entertainment giant’s stock after purchasing an additional 15,326 shares during the quarter. Walt Disney makes up 0.7% of Invictus Private Wealth LLC’s investment portfolio, making the stock its 22nd biggest holding. Invictus Private Wealth LLC’s holdings in Walt Disney were worth $10,904,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Conning Inc. grew its stake in shares of Walt Disney by 1.0% in the second quarter. Conning Inc. now owns 44,041 shares of the entertainment giant’s stock worth $5,462,000 after purchasing an additional 443 shares during the last quarter. Summit Place Financial Advisors LLC grew its stake in shares of Walt Disney by 0.3% in the second quarter. Summit Place Financial Advisors LLC now owns 33,279 shares of the entertainment giant’s stock worth $4,127,000 after purchasing an additional 111 shares during the last quarter. Aberdeen Group plc grew its stake in shares of Walt Disney by 4.9% in the second quarter. Aberdeen Group plc now owns 1,653,741 shares of the entertainment giant’s stock worth $203,997,000 after purchasing an additional 76,529 shares during the last quarter. Agate Pass Investment Management LLC boosted its position in Walt Disney by 18.4% during the second quarter. Agate Pass Investment Management LLC now owns 15,993 shares of the entertainment giant’s stock valued at $1,983,000 after acquiring an additional 2,486 shares during the last quarter. Finally, Davis Rea LTD. grew its holdings in Walt Disney by 3.4% during the 2nd quarter. Davis Rea LTD. now owns 31,863 shares of the entertainment giant’s stock worth $3,967,000 after acquiring an additional 1,051 shares during the period. Institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on DIS shares. Wall Street Zen downgraded Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Needham & Company LLC reiterated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Tuesday, September 23rd. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Morgan Stanley increased their price target on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Finally, Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Price Performance

DIS stock opened at $109.17 on Friday. The stock has a market capitalization of $196.27 billion, a PE ratio of 17.11, a price-to-earnings-growth ratio of 1.46 and a beta of 1.54. The company’s 50-day moving average is $115.36 and its 200-day moving average is $110.34. 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 Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69.

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 company had revenue of $23.65 billion for 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 business’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 EPS. Equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.