Stephens Inc. AR Purchases 166 Shares of The Walt Disney Company $DIS

Stephens Inc. AR increased its stake in The Walt Disney Company (NYSE:DIS) by 0.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,084 shares of the entertainment giant’s stock after buying an additional 166 shares during the period. Stephens Inc. AR’s holdings in Walt Disney were worth $8,443,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Madison Wealth Partners Inc purchased a new position in Walt Disney in the 2nd quarter worth about $231,000. Liberty Square Wealth Partners LLC purchased a new position in Walt Disney during the 2nd quarter valued at about $235,000. Balboa Wealth Partners increased its position in Walt Disney by 2.9% during the 2nd quarter. Balboa Wealth Partners now owns 4,720 shares of the entertainment giant’s stock valued at $585,000 after purchasing an additional 135 shares during the period. Calamos Wealth Management LLC increased its position in Walt Disney by 7.7% during the 2nd quarter. Calamos Wealth Management LLC now owns 11,878 shares of the entertainment giant’s stock valued at $1,473,000 after purchasing an additional 846 shares during the period. Finally, Parthenon LLC increased its position in Walt Disney by 1.0% during the 2nd quarter. Parthenon LLC now owns 75,026 shares of the entertainment giant’s stock valued at $9,304,000 after purchasing an additional 730 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $112.01 on Tuesday. 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 Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The company has a 50 day simple moving average of $114.85 and a two-hundred day simple moving average of $111.19. The stock has a market cap of $201.39 billion, a price-to-earnings ratio of 17.56, a PEG 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 EPS for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same period in the previous year, the business posted $1.39 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of research reports. Rosenblatt Securities reissued a “buy” rating and set a $141.00 target price on shares of Walt Disney in a research report on Friday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Walt Disney in a research report on Wednesday, October 8th. Stephens reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Jefferies Financial Group cut shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $132.90.

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.