Janney Capital Management LLC Acquires 157 Shares of The Walt Disney Company (NYSE:DIS)

Janney Capital Management LLC lifted its holdings in The Walt Disney Company (NYSE:DIS) by 4.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,405 shares of the entertainment giant’s stock after buying an additional 157 shares during the quarter. Janney Capital Management LLC’s holdings in Walt Disney were worth $328,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Private Wealth Partners LLC raised its holdings in Walt Disney by 10.6% during the 3rd quarter. Private Wealth Partners LLC now owns 100,259 shares of the entertainment giant’s stock worth $9,644,000 after purchasing an additional 9,604 shares during the last quarter. Conning Inc. raised its holdings in Walt Disney by 13.3% during the 3rd quarter. Conning Inc. now owns 55,617 shares of the entertainment giant’s stock worth $5,350,000 after purchasing an additional 6,545 shares during the last quarter. Optas LLC raised its holdings in Walt Disney by 73.1% during the 3rd quarter. Optas LLC now owns 7,282 shares of the entertainment giant’s stock worth $700,000 after purchasing an additional 3,074 shares during the last quarter. Lmcg Investments LLC raised its holdings in Walt Disney by 18.6% during the 3rd quarter. Lmcg Investments LLC now owns 147,353 shares of the entertainment giant’s stock worth $14,174,000 after purchasing an additional 23,116 shares during the last quarter. Finally, Investors Asset Management of Georgia Inc. GA ADV raised its holdings in Walt Disney by 4.4% during the 3rd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 14,125 shares of the entertainment giant’s stock worth $1,359,000 after purchasing an additional 589 shares during the last quarter. 65.71% of the stock is owned by 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 purchase, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. This trade represents a 100.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Needham & Company LLC reissued a “buy” rating and set a $110.00 price objective on shares of Walt Disney in a report on Wednesday, October 23rd. Loop Capital dropped their price objective on Walt Disney from $139.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft decreased their target price on Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Finally, UBS Group decreased their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $118.05.

Walt Disney Trading Down 0.4 %

NYSE DIS opened at $95.81 on Monday. The stock has a market capitalization of $173.76 billion, a price-to-earnings ratio of 36.85, a PEG ratio of 1.53 and a beta of 1.40. The stock’s 50 day moving average price is $93.16 and its two-hundred day moving average price is $97.34. 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 Walt Disney Company has a 52 week low of $81.82 and a 52 week high of $123.74.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, beating the consensus estimate of $1.20 by $0.19. The firm had revenue of $23.20 billion for the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.03 EPS. As a group, analysts anticipate that The Walt Disney Company will post 4.93 earnings per share for the current fiscal year.

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.