ORBA Wealth Advisors L.L.C. Grows Holdings in The Walt Disney Company $DIS

ORBA Wealth Advisors L.L.C. grew its stake in The Walt Disney Company (NYSE:DIS) by 14.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,698 shares of the entertainment giant’s stock after buying an additional 590 shares during the period. ORBA Wealth Advisors L.L.C.’s holdings in Walt Disney were worth $583,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Trillium Asset Management LLC grew its stake in Walt Disney by 9.0% in the 2nd quarter. Trillium Asset Management LLC now owns 6,477 shares of the entertainment giant’s stock worth $803,000 after buying an additional 534 shares in the last quarter. Arrowroot Family Office LLC purchased a new position in Walt Disney in the 2nd quarter worth approximately $518,000. Blue Barn Wealth LLC grew its stake in Walt Disney by 7.6% in the 2nd quarter. Blue Barn Wealth LLC now owns 2,344 shares of the entertainment giant’s stock worth $291,000 after buying an additional 165 shares in the last quarter. Homestead Advisers Corp grew its stake in Walt Disney by 0.3% in the 2nd quarter. Homestead Advisers Corp now owns 864,800 shares of the entertainment giant’s stock worth $107,244,000 after buying an additional 2,800 shares in the last quarter. Finally, Atlas Wealth Partners LLC purchased a new position in Walt Disney in the 2nd quarter worth approximately $262,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 0.5%

Shares of DIS opened at $111.51 on Wednesday. The stock has a market capitalization of $200.48 billion, a P/E ratio of 17.48, a PEG ratio of 1.45 and a beta of 1.54. 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 firm has a fifty day simple moving average of $113.89 and a two-hundred day simple moving average of $113.47. The Walt Disney Company has a twelve month low of $80.10 and a twelve month 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 for the quarter, beating the consensus estimate of $1.45 by $0.16. The business had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.39 EPS. On average, research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of research reports. UBS Group boosted their price target on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. JPMorgan Chase & Co. upped their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Morgan Stanley upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $141.00 price objective on shares of Walt Disney in a research note on Friday, October 17th. Nineteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.