MGO One Seven LLC boosted its stake in The Walt Disney Company (NYSE:DIS – Free Report) by 4.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,952 shares of the entertainment giant’s stock after purchasing an additional 2,260 shares during the quarter. MGO One Seven LLC’s holdings in Walt Disney were worth $6,070,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC raised its stake in Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Walt Disney by 8.1% during the first quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock worth $2,451,000 after purchasing an additional 1,856 shares during the last quarter. Goldstone Financial Group LLC grew its holdings in shares of Walt Disney by 33.2% during the first quarter. Goldstone Financial Group LLC now owns 4,953 shares of the entertainment giant’s stock worth $489,000 after purchasing an additional 1,234 shares during the last quarter. Missouri Trust & Investment Co grew its holdings in shares of Walt Disney by 16.8% during the first quarter. Missouri Trust & Investment Co now owns 14,240 shares of the entertainment giant’s stock worth $1,405,000 after purchasing an additional 2,053 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of Walt Disney by 4.8% during the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 13,679 shares of the entertainment giant’s stock worth $1,350,000 after purchasing an additional 629 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.
Walt Disney Price Performance
Shares of DIS opened at $109.17 on Monday. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. 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 business’s 50 day moving average price is $115.36 and its two-hundred day moving average price is $110.48. The firm has a market cap of $196.27 billion, a PE ratio of 17.11, a price-to-earnings-growth ratio of 1.43 and a beta of 1.54.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the company. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Evercore ISI boosted their price target on Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Barclays boosted their price target on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Stephens reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.18.
Check Out Our Latest Stock Report on Walt Disney
Walt Disney 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.
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