Steward Partners Investment Advisory LLC Purchases Shares of 32,068 Walt Disney Co (DIS)

Steward Partners Investment Advisory LLC purchased a new stake in Walt Disney Co (NYSE:DIS) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 32,068 shares of the entertainment giant’s stock, valued at approximately $3,160,000.

Several other hedge funds have also added to or reduced their stakes in DIS. Amalgamated Bank lifted its position in Walt Disney by 49.8% during the second quarter. Amalgamated Bank now owns 180,632 shares of the entertainment giant’s stock worth $19,192,000 after purchasing an additional 60,088 shares during the period. Tdam USA Inc. lifted its position in Walt Disney by 4.1% during the second quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock worth $20,666,000 after purchasing an additional 7,785 shares during the period. Walter & Keenan Financial Consulting Co. MI ADV lifted its position in Walt Disney by 7.9% during the second quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock worth $2,626,000 after purchasing an additional 1,800 shares during the period. Connecticut Wealth Management LLC lifted its position in Walt Disney by 1.4% during the second quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock worth $315,000 after purchasing an additional 42 shares during the period. Finally, Riverpark Capital Management LLC lifted its position in Walt Disney by 15.2% during the second quarter. Riverpark Capital Management LLC now owns 301,225 shares of the entertainment giant’s stock worth $32,005,000 after purchasing an additional 39,822 shares during the period. Institutional investors and hedge funds own 61.23% of the company’s stock.

Several equities research analysts recently weighed in on DIS shares. Piper Jaffray Companies reaffirmed a “buy” rating and set a $120.00 price objective on shares of Walt Disney in a research report on Friday, November 10th. JPMorgan Chase & Co. set a $125.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a research report on Friday, November 10th. Goldman Sachs Group upped their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. Royal Bank of Canada set a $125.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a research report on Sunday, November 12th. Finally, Citigroup reaffirmed a “buy” rating and set a $119.00 price objective on shares of Walt Disney in a research report on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. Walt Disney has a consensus rating of “Buy” and a consensus target price of $118.59.

Walt Disney Co (DIS) opened at $106.53 on Monday. The stock has a market cap of $160,186.61, a P/E ratio of 15.11, a P/E/G ratio of 1.82 and a beta of 1.30. Walt Disney Co has a fifty-two week low of $96.20 and a fifty-two week high of $116.10. The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 0.43.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.28. The business had revenue of $15.35 billion during the quarter, compared to analyst estimates of $15.47 billion. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $1.55 EPS. equities analysts expect that Walt Disney Co will post 6.95 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: “Steward Partners Investment Advisory LLC Purchases Shares of 32,068 Walt Disney Co (DIS)” was first reported by Week Herald and is owned by of Week Herald. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://weekherald.com/2018/02/19/steward-partners-investment-advisory-llc-purchases-shares-of-32068-walt-disney-co-dis.html.

Walt Disney Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Co (NYSE:DIS).

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply