Ellsworth Advisors LLC Buys 823 Shares of The Walt Disney Company $DIS

Ellsworth Advisors LLC lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 4.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 18,763 shares of the entertainment giant’s stock after acquiring an additional 823 shares during the period. Ellsworth Advisors LLC’s holdings in Walt Disney were worth $1,852,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Walt Disney during the 1st quarter worth $26,000. Mpwm Advisory Solutions LLC bought a new stake in shares of Walt Disney during the 4th quarter worth $27,000. Kessler Investment Group LLC lifted its holdings in shares of Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Copia Wealth Management purchased a new position in Walt Disney in the 4th quarter worth $36,000. Finally, Vermillion Wealth Management Inc. purchased a new position in Walt Disney in the 4th quarter worth $39,000. 65.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DIS has been the topic of a number of analyst reports. Stephens reiterated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. UBS Group lifted their target price on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. JPMorgan Chase & Co. lifted their target price on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Citigroup lifted their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Finally, Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Price Performance

DIS stock opened at $115.91 on Thursday. The firm’s 50-day moving average price is $118.64 and its two-hundred day moving average price is $108.95. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The stock has a market capitalization of $208.40 billion, a price-to-earnings ratio of 18.17, a PEG ratio of 1.70 and a beta of 1.55. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm had revenue of $23.65 billion for the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter in the previous year, the company earned $1.39 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

About Walt Disney

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.