The Walt Disney Company (NYSE:DIS) Stock Holdings Lifted by Brookstone Capital Management

Brookstone Capital Management increased its holdings in The Walt Disney Company (NYSE:DIS) by 9.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 101,680 shares of the entertainment giant’s stock after buying an additional 8,496 shares during the period. Brookstone Capital Management’s holdings in Walt Disney were worth $12,442,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Acadian Asset Management LLC boosted its stake in Walt Disney by 13.6% during the 3rd quarter. Acadian Asset Management LLC now owns 22,595 shares of the entertainment giant’s stock valued at $1,829,000 after purchasing an additional 2,698 shares during the period. MQS Management LLC boosted its position in shares of Walt Disney by 26.0% during the third quarter. MQS Management LLC now owns 5,324 shares of the entertainment giant’s stock worth $432,000 after buying an additional 1,098 shares during the period. Mather Group LLC. grew its holdings in Walt Disney by 32.2% in the 3rd quarter. Mather Group LLC. now owns 14,941 shares of the entertainment giant’s stock worth $1,211,000 after buying an additional 3,638 shares in the last quarter. Truvestments Capital LLC increased its position in Walt Disney by 7.2% in the 3rd quarter. Truvestments Capital LLC now owns 3,566 shares of the entertainment giant’s stock valued at $289,000 after acquiring an additional 240 shares during the period. Finally, Tower Research Capital LLC TRC raised its stake in Walt Disney by 27.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 102,855 shares of the entertainment giant’s stock valued at $8,336,000 after acquiring an additional 22,082 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 0.0 %

NYSE DIS opened at $102.16 on Friday. The firm’s 50 day moving average price is $105.23 and its two-hundred day moving average price is $104.53. The stock has a market cap of $186.24 billion, a price-to-earnings ratio of 111.04, a PEG ratio of 1.27 and a beta of 1.40. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.69 and a current ratio of 0.75.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The business had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $22.12 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. Walt Disney’s revenue for the quarter was up 1.2% compared to the same quarter last year. Equities analysts anticipate that The Walt Disney Company will post 4.75 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on DIS. Raymond James raised their price target on Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a report on Tuesday, March 26th. Bank of America boosted their price target on shares of Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Morgan Stanley upped their price target on shares of Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, March 4th. Wells Fargo & Company raised their price objective on shares of Walt Disney from $128.00 to $141.00 and gave the company an “overweight” rating in a research note on Tuesday, April 23rd. Finally, Needham & Company LLC restated a “buy” rating and issued a $145.00 target price on shares of Walt Disney in a research report on Tuesday, May 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $126.50.

Insider Activity

In related news, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, Director James P. Gorman purchased 20,000 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was bought at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the purchase, the director now directly owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total value of $466,400.00. The disclosure for this sale can be found here. 0.10% of the stock is owned by corporate insiders.

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.