Nvwm LLC Has $2.81 Million Stock Position in The Walt Disney Company $DIS

Nvwm LLC lowered its position in The Walt Disney Company (NYSE:DIS) by 15.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,636 shares of the entertainment giant’s stock after selling 4,266 shares during the period. Nvwm LLC’s holdings in Walt Disney were worth $2,807,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of Walt Disney by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock valued at $15,383,615,000 after purchasing an additional 2,446,087 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in Walt Disney in the second quarter valued at approximately $4,220,599,000. Jennison Associates LLC boosted its holdings in shares of Walt Disney by 9.4% in the second quarter. Jennison Associates LLC now owns 20,676,921 shares of the entertainment giant’s stock valued at $2,564,145,000 after buying an additional 1,774,772 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Walt Disney by 9.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant’s stock worth $1,826,930,000 after acquiring an additional 1,642,907 shares in the last quarter. Finally, Amundi raised its holdings in shares of Walt Disney by 11.4% during the first quarter. Amundi now owns 14,882,195 shares of the entertainment giant’s stock worth $1,468,873,000 after acquiring an additional 1,520,513 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of research analyst reports. Evercore ISI upped their target price on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, August 4th. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Stephens reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $132.90.

Walt Disney Price Performance

Shares of NYSE DIS opened at $110.38 on Friday. 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 business’s 50 day moving average is $113.61 and its 200-day moving average is $113.43. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The firm has a market cap of $198.45 billion, a P/E ratio of 17.30, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55.

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