CX Institutional Has $1.19 Million Position in The Walt Disney Company $DIS

CX Institutional grew its stake in The Walt Disney Company (NYSE:DIS) by 4.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,619 shares of the entertainment giant’s stock after purchasing an additional 399 shares during the period. CX Institutional’s holdings in Walt Disney were worth $1,193,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in DIS. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Walt Disney during the 1st quarter worth approximately $26,000. Kessler Investment Group LLC increased its stake in shares of Walt Disney by 274.0% in the 1st 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 in the last quarter. Copia Wealth Management bought a new stake in Walt Disney during the 4th quarter valued at $36,000. Vermillion Wealth Management Inc. bought a new stake in shares of Walt Disney in the 4th quarter worth $39,000. Finally, First PREMIER Bank raised its position in Walt Disney by 72.2% in the first quarter. First PREMIER Bank now owns 489 shares of the entertainment giant’s stock worth $48,000 after acquiring an additional 205 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on DIS shares. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Citigroup increased their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Evercore ISI upped their price objective on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, August 4th. Guggenheim upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, June 27th. Finally, Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Price Performance

DIS opened at $113.71 on Monday. The stock has a 50-day moving average price of $117.71 and a 200-day moving average price of $109.17. 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 market cap of $204.44 billion, a PE ratio of 17.82, a P/E/G ratio of 1.65 and a beta of 1.55. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69.

Walt Disney (NYSE:DIS) last posted 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. 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 during the quarter, compared to analyst estimates of $23.69 billion. During the same quarter in the previous year, the firm earned $1.39 EPS. Walt Disney’s quarterly revenue was up 2.1% compared to the same quarter last year. Sell-side analysts predict that The Walt Disney Company will post 5.47 earnings per share 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.