Walt Disney Co (NYSE:DIS) Stock Position Raised by AdvisorShares Investments LLC

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AdvisorShares Investments LLC lifted its position in Walt Disney Co (NYSE:DIS) by 4.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,884 shares of the entertainment giant’s stock after acquiring an additional 256 shares during the quarter. AdvisorShares Investments LLC’s holdings in Walt Disney were worth $568,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Walt Disney by 4.2% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,782,726 shares of the entertainment giant’s stock valued at $172,210,000 after acquiring an additional 71,731 shares in the last quarter. M Holdings Securities Inc. lifted its position in Walt Disney by 141.9% in the 1st quarter. M Holdings Securities Inc. now owns 28,914 shares of the entertainment giant’s stock worth $2,793,000 after buying an additional 16,962 shares in the last quarter. SP Asset Management lifted its position in Walt Disney by 76.9% in the 1st quarter. SP Asset Management now owns 3,075 shares of the entertainment giant’s stock worth $297,000 after buying an additional 1,337 shares in the last quarter. Saratoga Research & Investment Management lifted its position in Walt Disney by 25.8% in the 1st quarter. Saratoga Research & Investment Management now owns 806,000 shares of the entertainment giant’s stock worth $77,860,000 after buying an additional 165,326 shares in the last quarter. Finally, Ferris Capital LLC lifted its position in Walt Disney by 6.0% in the 1st quarter. Ferris Capital LLC now owns 25,309 shares of the entertainment giant’s stock worth $2,445,000 after buying an additional 1,434 shares in the last quarter. Institutional investors and hedge funds own 62.81% of the company’s stock.

A number of research firms have issued reports on DIS. SunTrust Banks increased their target price on shares of Walt Disney from $110.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, April 14th. Moffett Nathanson downgraded shares of Walt Disney from a “buy” rating to a “neutral” rating and set a $112.00 target price for the company. in a research report on Monday, May 4th. BMO Capital Markets cut their target price on shares of Walt Disney from $150.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. TheStreet downgraded shares of Walt Disney from a “b-” rating to a “c+” rating in a research report on Thursday, March 12th. Finally, Cfra cut their target price on shares of Walt Disney from $160.00 to $120.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and thirteen have issued a buy rating to the company’s stock. Walt Disney has an average rating of “Hold” and a consensus price target of $126.50.

NYSE DIS traded up $1.89 during midday trading on Monday, hitting $119.19. The company had a trading volume of 8,757,122 shares, compared to its average volume of 22,120,644. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 0.45. The stock has a market cap of $215.04 billion, a price-to-earnings ratio of 40.22, a P/E/G ratio of 13.88 and a beta of 1.09. The firm has a fifty day simple moving average of $107.94 and a two-hundred day simple moving average of $126.61. Walt Disney Co has a fifty-two week low of $79.07 and a fifty-two week high of $153.41.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). The business had revenue of $18.01 billion for the quarter, compared to the consensus estimate of $17.49 billion. Walt Disney had a return on equity of 9.09% and a net margin of 6.88%. Walt Disney’s revenue was up 20.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.61 earnings per share. As a group, equities analysts predict that Walt Disney Co will post 1.66 earnings per share for the current year.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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