The Walt Disney Company (NYSE:DIS) Shares Purchased by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA raised its holdings in The Walt Disney Company (NYSE:DIS) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 38,898 shares of the entertainment giant’s stock after acquiring an additional 334 shares during the period. Middleton & Co. Inc. MA’s holdings in Walt Disney were worth $3,862,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Gryphon Financial Partners LLC acquired a new position in shares of Walt Disney during the 4th quarter valued at about $603,000. CreativeOne Wealth LLC increased its stake in Walt Disney by 20.1% during the fourth quarter. CreativeOne Wealth LLC now owns 8,128 shares of the entertainment giant’s stock worth $734,000 after acquiring an additional 1,358 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Walt Disney by 100.0% in the 4th quarter. Assetmark Inc. now owns 30,298 shares of the entertainment giant’s stock worth $2,736,000 after purchasing an additional 15,146 shares during the period. Certified Advisory Corp acquired a new position in shares of Walt Disney during the 4th quarter valued at $1,143,000. Finally, JPL Wealth Management LLC purchased a new stake in Walt Disney during the 4th quarter worth $1,128,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Wells Fargo & Company reduced their price objective on Walt Disney from $136.00 to $116.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Macquarie cut their target price on shares of Walt Disney from $107.00 to $94.00 and set a “neutral” rating on the stock in a research note on Monday, August 12th. The Goldman Sachs Group started coverage on Walt Disney in a research note on Tuesday, June 25th. They issued a “buy” rating and a $125.00 price target for the company. Evercore ISI cut their price objective on Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Finally, JPMorgan Chase & Co. decreased their target price on Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the stock. According to data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and an average target price of $117.95.

Walt Disney Stock Up 0.8 %

Shares of DIS stock opened at $93.59 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. The stock has a market cap of $170.62 billion, a PE ratio of 101.73, a price-to-earnings-growth ratio of 1.31 and a beta of 1.40. The business’s fifty day moving average is $90.80 and its 200-day moving average is $102.16. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.19. The firm had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period last year, the firm posted $1.03 earnings per share. Equities analysts expect that The Walt Disney Company will post 4.92 earnings per share for the current fiscal year.

Insider Transactions at Walt Disney

In related news, Director Calvin Mcdonald purchased 11,756 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The stock was acquired at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the transaction, the director now directly owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is owned by insiders.

About Walt Disney

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.