Koshinski Asset Management Inc. Raises Stock Position in The Walt Disney Company $DIS

Koshinski Asset Management Inc. lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 0.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,145 shares of the entertainment giant’s stock after acquiring an additional 117 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Walt Disney were worth $4,854,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of DIS. Kingstone Capital Partners Texas LLC purchased a new position in shares of Walt Disney during the second quarter worth approximately $4,220,599,000. Nuveen LLC purchased a new position in Walt Disney during the first quarter valued at approximately $1,353,607,000. Diamond Hill Capital Management Inc. increased its holdings in Walt Disney by 1,080.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock valued at $277,993,000 after buying an additional 2,578,004 shares during the period. Vanguard Group Inc. increased its holdings in Walt Disney by 1.6% during the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock valued at $15,383,615,000 after buying an additional 2,446,087 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Walt Disney by 9.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant’s stock valued at $1,826,930,000 after buying an additional 1,642,907 shares during the period. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on DIS shares. Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Walt Disney in a report on Wednesday, October 8th. Barclays lifted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Finally, UBS Group lifted their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Nineteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $132.90.

Walt Disney Trading Up 0.7%

NYSE:DIS opened at $110.69 on Friday. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The firm has a fifty day simple moving average of $114.86 and a 200-day simple moving average of $110.75. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $199.00 billion, a P/E ratio of 17.35, a PEG ratio of 1.44 and a beta of 1.54.

Walt Disney (NYSE:DIS) last posted its 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 company had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.39 earnings per share. On average, equities research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current 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.