LifeWealth Investments LLC Buys 961 Shares of The Walt Disney Company $DIS

LifeWealth Investments LLC raised its holdings in The Walt Disney Company (NYSE:DIS) by 14.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,772 shares of the entertainment giant’s stock after acquiring an additional 961 shares during the period. LifeWealth Investments LLC’s holdings in Walt Disney were worth $964,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. grew its position in Walt Disney by 82.5% in the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after acquiring an additional 94 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new position in Walt Disney in the first quarter valued at about $26,000. Kessler Investment Group LLC grew its position in Walt Disney by 274.0% in the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock valued at $27,000 after acquiring an additional 200 shares during the last quarter. Harbor Asset Planning Inc. bought a new position in Walt Disney in the second quarter valued at about $37,000. Finally, RMG Wealth Management LLC bought a new position in Walt Disney in the second quarter valued at about $49,000. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on DIS shares. Needham & Company LLC reissued a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research note on Tuesday, September 23rd. Rosenblatt Securities reissued a “buy” rating and set a $141.00 price target on shares of Walt Disney in a research note on Friday, October 17th. Jefferies Financial Group lowered Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Evercore ISI lifted their price target on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, August 4th. Finally, UBS Group lifted their price target on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $132.90.

Walt Disney Price Performance

Shares of DIS opened at $113.00 on Thursday. 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 $114.78 and its two-hundred day moving average price is $111.22. The firm has a market cap of $203.16 billion, a PE ratio of 17.71, a price-to-earnings-growth ratio of 1.50 and a beta of 1.54.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same period in the previous year, the firm earned $1.39 earnings per share. The company’s revenue was up 2.1% compared to the same quarter last year. On average, equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

About Walt Disney

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.