Lyell Wealth Management LP Grows Stock Holdings in The Walt Disney Company $DIS

Lyell Wealth Management LP raised its position in shares of The Walt Disney Company (NYSE:DIS) by 4.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,336 shares of the entertainment giant’s stock after purchasing an additional 1,619 shares during the period. Lyell Wealth Management LP’s holdings in Walt Disney were worth $5,002,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC purchased a new position in shares of Walt Disney in the second quarter worth about $4,220,599,000. Nuveen LLC purchased a new position in Walt Disney during the 1st quarter valued at about $1,353,607,000. Diamond Hill Capital Management Inc. increased its holdings in Walt Disney by 1,080.7% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock valued at $277,993,000 after purchasing an additional 2,578,004 shares during the period. Vanguard Group Inc. increased its holdings in Walt Disney by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock valued at $15,383,615,000 after purchasing 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 1st 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 purchasing an additional 1,642,907 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS opened at $110.69 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average price is $114.86 and its 200-day moving average price is $110.99. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The stock has a market cap of $199.00 billion, a P/E ratio of 17.35, a P/E/G ratio of 1.45 and a beta of 1.54.

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

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on DIS shares. Guggenheim boosted their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, June 27th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Needham & Company LLC restated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Tuesday, September 23rd. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Rosenblatt Securities restated a “buy” rating and set a $141.00 price target on shares of Walt Disney in a report on Friday. Nineteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $132.90.

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.