CBIZ Investment Advisory Services LLC grew its holdings in The Walt Disney Company (NYSE:DIS – Free Report) by 15.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,058 shares of the entertainment giant’s stock after purchasing an additional 140 shares during the quarter. CBIZ Investment Advisory Services LLC’s holdings in Walt Disney were worth $104,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Modern Wealth Management LLC lifted its stake in shares of Walt Disney by 7.2% during the first quarter. Modern Wealth Management LLC now owns 16,940 shares of the entertainment giant’s stock valued at $1,672,000 after acquiring an additional 1,141 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Walt Disney by 26.8% during the first quarter. Jones Financial Companies Lllp now owns 396,527 shares of the entertainment giant’s stock valued at $38,928,000 after acquiring an additional 83,850 shares during the period. Silicon Valley Capital Partners acquired a new position in shares of Walt Disney during the first quarter valued at $59,000. Strs Ohio acquired a new position in shares of Walt Disney during the first quarter valued at $86,278,000. Finally, GK Wealth Management LLC lifted its stake in shares of Walt Disney by 13.4% during the first quarter. GK Wealth Management LLC now owns 3,058 shares of the entertainment giant’s stock valued at $302,000 after acquiring an additional 362 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.
Analysts Set New Price Targets
Several brokerages have recently issued reports on DIS. Loop Capital upped their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, June 10th. Guggenheim upped their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, June 27th. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. UBS Group upped their price target on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Finally, Wall Street Zen lowered Walt Disney from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $131.18.
Walt Disney Trading Up 1.1%
NYSE:DIS opened at $117.10 on Friday. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The business’s 50-day moving average price is $118.50 and its two-hundred day moving average price is $108.99. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $210.54 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 1.67 and a beta of 1.55.
Walt Disney (NYSE:DIS – Get Free Report) last released its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same quarter in the prior year, the firm posted $1.39 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. On average, equities analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current 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.
Read More
- Five stocks we like better than Walt Disney
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- High-Flyers Near Resistance: 3 Stocks to Watch for a Dip
- Stock Analyst Ratings and Canadian Analyst Ratings
- Seagate Technology Leads S&P 500: What’s Behind Its 120% Gain?
- What is the Hang Seng index?
- Vanguard’s VUG ETF: The Ultimate Growth ETF for Your Portfolio
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.