Jim Saulnier & Associates LLC Has $360,000 Stock Position in The Walt Disney Company $DIS

Jim Saulnier & Associates LLC lessened its position in The Walt Disney Company (NYSE:DIS) by 5.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,905 shares of the entertainment giant’s stock after selling 153 shares during the period. Jim Saulnier & Associates LLC’s holdings in Walt Disney were worth $360,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of DIS. MJT & Associates Financial Advisory Group Inc. acquired a new position in Walt Disney in the 1st quarter worth about $26,000. DiNuzzo Private Wealth Inc. increased its holdings in Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 94 shares in the last quarter. Harbor Asset Planning Inc. acquired a new position in Walt Disney in the 2nd quarter worth about $37,000. RMG Wealth Management LLC acquired a new position in Walt Disney in the 2nd quarter worth about $49,000. Finally, Core Alternative Capital increased its holdings in Walt Disney by 71.0% in the 1st quarter. Core Alternative Capital now owns 542 shares of the entertainment giant’s stock worth $53,000 after purchasing an additional 225 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on DIS shares. Stephens reaffirmed a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Evercore ISI upped their price target on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 price target on shares of Walt Disney in a research report on Friday, October 17th. Nineteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.90.

Walt Disney Stock Up 0.8%

Shares of NYSE:DIS opened at $112.70 on Friday. The business’s 50 day simple moving average is $114.12 and its two-hundred day simple moving average is $112.68. The firm has a market cap of $202.63 billion, a P/E ratio of 17.66, a PEG ratio of 1.45 and a beta of 1.54. 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 Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.16. The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 earnings per share. As a group, research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.