Motley Fool Asset Management LLC Purchases 4,748 Shares of The Walt Disney Company $DIS

Motley Fool Asset Management LLC increased its position in shares of The Walt Disney Company (NYSE:DIS) by 5.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 88,840 shares of the entertainment giant’s stock after buying an additional 4,748 shares during the period. Motley Fool Asset Management LLC’s holdings in Walt Disney were worth $11,017,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of DIS. MJT & Associates Financial Advisory Group Inc. bought a new stake in Walt Disney in the first quarter valued at $26,000. DiNuzzo Private Wealth Inc. increased its stake 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 purchasing an additional 94 shares in the last quarter. Harbor Asset Planning Inc. bought a new stake in Walt Disney in the second quarter valued at $37,000. RMG Wealth Management LLC bought a new stake in Walt Disney in the second quarter valued at $49,000. Finally, Core Alternative Capital increased its stake in Walt Disney by 71.0% in the first quarter. Core Alternative Capital now owns 542 shares of the entertainment giant’s stock valued at $53,000 after purchasing an additional 225 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Evercore ISI lifted their price target on shares of Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, August 4th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Barclays lifted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research note on Tuesday, September 23rd. Finally, Raymond James Financial reissued a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $132.90.

Walt Disney Trading Up 0.5%

NYSE:DIS opened at $112.28 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The firm has a 50-day moving average of $114.56 and a 200-day moving average of $112.13. The company has a market cap of $201.87 billion, a PE ratio of 17.60, a PEG ratio of 1.46 and a beta of 1.54. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping 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 company had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same period in the previous year, the firm posted $1.39 earnings per share. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. As a group, equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.