Investment Research & Advisory Group Inc. increased its holdings in The Walt Disney Company (NYSE:DIS – Get Rating ) by 5.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,416 shares of the entertainment giant’s stock after buying an additional 680 shares during the quarter. Walt Disney makes up about 1.2% of Investment Research & Advisory Group Inc.’s portfolio, making the stock its 25th biggest position. Holdings of Investment Research & Advisory Group Inc. in Walt Disney were worth $1,977,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the company. Syverson Strege & Co raised its stake in shares of Walt Disney by 384.8% during the fourth quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant’s stock valued at $25,000 after purchasing an additional 127 shares in the last quarter. Sandy Cove Advisors LLC purchased a new position in shares of Walt Disney during the 4th quarter valued at about $27,000. MBM Wealth Consultants LLC raised its stake in shares of Walt Disney by 94.7% in the fourth quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant’s stock valued at $34,000 after purchasing an additional 107 shares during the last quarter. Advanced Research Investment Solutions LLC boosted its stake in shares of Walt Disney by 46.0% in the fourth quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant’s stock valued at $36,000 after purchasing an additional 75 shares during the last quarter. Finally, Delos Wealth Advisors LLC boosted its stake in shares of Walt Disney by 2,933.3% in the 4th quarter. Delos Wealth Advisors LLC now owns 273 shares of the entertainment giant’s stock valued at $42,000 after buying an additional 264 shares during the last quarter. 64.17% of the shares are owned by hedge funds and other institutional investors.
Shares of NYSE DIS opened at $95.86 on Monday. The firm has a market cap of $174.53 billion, a price-to-earnings ratio of 66.11, a PEG ratio of 1.17 and a beta of 1.24. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 0.49. The Walt Disney Company has a 52-week low of $92.01 and a 52-week high of $187.58. The business’s 50-day moving average is $102.60, and its two-hundred-day moving average is $127.85.
Walt Disney (NYSE:DIS – Get Rating ) last posted its quarterly earnings data on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. During the same period in the previous year, the business reported $0.79 EPS. analysts anticipate that The Walt Disney Company will post 3.96 EPS for the current fiscal year.
Several equities analysts have recently issued reports on the company. Wells Fargo & Company dropped their target price on Walt Disney from $182.00 to $153.00 in a report on Thursday, May 12th. Rosenblatt Securities assumed coverage on Walt Disney in a report on Tuesday, April 19th. They issued a “buy” rating and a $177.00 target price on the stock. BMO Capital Markets decreased their price objective on Walt Disney from $140.00 to $135.00 in a report on Thursday, May 12th. Barclays cut their target price on Walt Disney from $168.00 to $130.00 in a report on Friday, May 13th. Finally, Credit Suisse Group dropped their target price on Walt Disney from $218.00 to $170.00 in a report on Thursday, May 12th. One analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have given a buy rating to the company’s stock. Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $163.56, based on data from MarketBeat.
Walt Disney Company Profile (Get Rating)
The Walt Disney Company, together with its subsidiaries, operates as a worldwide entertainment company. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, experiences and products. The company produces and distributes film and episodic television content, and operates broadcast television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic and Star brands; and studios that produce films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar and Searchlight Pictures banners.
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