The Walt Disney Company (NYSE:DIS) Holdings Boosted by Aprio Wealth Management LLC

Aprio Wealth Management LLC boosted its position in shares of The Walt Disney Company (NYSE:DIS) by 7.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,393 shares of the entertainment giant’s stock after purchasing an additional 732 shares during the period. Aprio Wealth Management LLC’s holdings in Walt Disney were worth $1,000,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ESL Trust Services LLC purchased a new position in Walt Disney during the 1st quarter worth approximately $31,000. William B. Walkup & Associates Inc. purchased a new position in Walt Disney during the 2nd quarter worth approximately $32,000. Mascoma Wealth Management LLC grew its position in Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares in the last quarter. Beaird Harris Wealth Management LLC grew its holdings in shares of Walt Disney by 30.7% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 498 shares of the entertainment giant’s stock valued at $45,000 after acquiring an additional 117 shares in the last quarter. Finally, Red Tortoise LLC grew its holdings in shares of Walt Disney by 141.4% during the 1st quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant’s stock valued at $45,000 after acquiring an additional 215 shares in the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Walt Disney

In related news, Director Calvin Mcdonald acquired 11,756 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were bought at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the acquisition, the director now owns 22,313 shares in the company, valued at $1,897,943.78. This trade represents a 100.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.10% of the company’s stock.

Walt Disney Stock Down 2.9 %

Walt Disney stock opened at $92.38 on Tuesday. The firm has a market cap of $168.41 billion, a price-to-earnings ratio of 100.41, a P/E/G ratio of 1.53 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a fifty-two week low of $79.23 and a fifty-two week high of $123.74. The firm has a fifty day moving average price of $90.78 and a two-hundred day moving average price of $100.55.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.19. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The company had revenue of $23.20 billion for the quarter, compared to the consensus estimate of $23.08 billion. During the same quarter in the previous year, the firm posted $1.03 EPS. The business’s revenue was up 3.9% compared to the same quarter last year. As a group, analysts forecast that The Walt Disney Company will post 4.92 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on DIS shares. Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Raymond James restated a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Moffett Nathanson lowered their price target on shares of Walt Disney from $130.00 to $125.00 and set a “buy” rating on the stock in a report on Tuesday, July 2nd. UBS Group lowered their price target on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Finally, Macquarie lowered their price target on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating on the stock in a report on Thursday, September 19th. Four analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus price target of $119.20.

Walt Disney 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.