2,373 Shares in The Walt Disney Company (NYSE:DIS) Purchased by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. purchased a new position in shares of The Walt Disney Company (NYSE:DIS) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 2,373 shares of the entertainment giant’s stock, valued at approximately $290,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DIS. Planned Solutions Inc. acquired a new position in Walt Disney during the 4th quarter valued at about $26,000. Gold Investment Management Ltd. acquired a new position in Walt Disney during the 4th quarter valued at about $28,000. Fortis Group Advisors LLC acquired a new position in Walt Disney during the 3rd quarter valued at about $30,000. Stone House Investment Management LLC lifted its position in Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after purchasing an additional 270 shares during the period. Finally, Partnership Wealth Management LLC acquired a new position in Walt Disney during the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Down 2.8 %

Shares of NYSE DIS traded down $2.88 during trading hours on Friday, hitting $99.29. The company had a trading volume of 21,439,416 shares, compared to its average volume of 8,740,152. The stock has a market capitalization of $181.01 billion, a P/E ratio of 107.93, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $123.74. The firm’s 50 day moving average is $104.76 and its 200-day moving average is $104.66.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating the consensus estimate of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The company had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. During the same quarter in the prior year, the firm posted $0.93 EPS. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. On average, analysts expect that The Walt Disney Company will post 4.76 earnings per share for the current fiscal year.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, Director James P. Gorman purchased 20,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was acquired at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the acquisition, the director now directly owns 20,467 shares of the company’s stock, valued at approximately $2,170,116.01. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $536,448. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James P. Gorman acquired 20,000 shares of the stock in a transaction on Wednesday, May 8th. The shares were purchased at an average price of $106.03 per share, for a total transaction of $2,120,600.00. Following the transaction, the director now directly owns 20,467 shares in the company, valued at $2,170,116.01. The disclosure for this purchase can be found here. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. assumed coverage on shares of Walt Disney in a research report on Thursday, April 11th. They set an “overweight” rating and a $140.00 target price on the stock. Argus upped their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Morgan Stanley upped their price target on Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Loop Capital upped their price target on Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Finally, Raymond James upped their price target on Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a research note on Tuesday, March 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $126.50.

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.