Hill Island Financial LLC Purchases 547 Shares of The Walt Disney Company $DIS

Hill Island Financial LLC raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 24.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,809 shares of the entertainment giant’s stock after acquiring an additional 547 shares during the quarter. Hill Island Financial LLC’s holdings in Walt Disney were worth $348,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in DIS. J. Safra Sarasin Holding AG grew its stake in Walt Disney by 8.1% in the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock valued at $21,983,000 after purchasing an additional 16,781 shares in the last quarter. Planning Directions Inc. bought a new stake in shares of Walt Disney during the 1st quarter worth approximately $326,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Walt Disney in the 2nd quarter valued at approximately $4,220,599,000. Wedge Capital Management L L P NC grew its stake in shares of Walt Disney by 8,744.0% in the second quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock valued at $39,724,000 after buying an additional 316,707 shares in the last quarter. Finally, WoodTrust Financial Corp increased its holdings in Walt Disney by 6.7% during the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock worth $9,491,000 after buying an additional 6,047 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on DIS. JPMorgan Chase & Co. increased their price target 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. Wall Street Zen downgraded shares of Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday. Barclays boosted their price target on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Morgan Stanley upped their price objective on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Walt Disney in a research note on Saturday, September 27th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $131.18.

Walt Disney Price Performance

Walt Disney stock opened at $112.49 on Friday. The company has a market capitalization of $202.25 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 1.48 and a beta of 1.54. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The stock’s 50 day moving average is $116.12 and its 200-day moving average is $110.02.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share 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 business had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same period last year, the firm posted $1.39 EPS. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. Equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current 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.