Harold Davidson & Associates Inc. Has $478,000 Position in The Walt Disney Company $DIS

Harold Davidson & Associates Inc. lessened its stake in shares of The Walt Disney Company (NYSE:DIS) by 3.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,840 shares of the entertainment giant’s stock after selling 185 shares during the quarter. Harold Davidson & Associates Inc.’s holdings in Walt Disney were worth $478,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Walt Disney during the 1st quarter worth about $26,000. Mpwm Advisory Solutions LLC bought a new position in shares of Walt Disney during the 4th quarter worth about $27,000. Kessler Investment Group LLC boosted its position 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 purchasing an additional 200 shares in the last quarter. Copia Wealth Management bought a new position in shares of Walt Disney during the 4th quarter worth about $36,000. Finally, Vermillion Wealth Management Inc. bought a new position in shares of Walt Disney during the 4th quarter worth about $39,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 1.1%

NYSE:DIS opened at $117.10 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a market cap of $210.54 billion, a price-to-earnings ratio of 18.35, a price-to-earnings-growth ratio of 1.67 and a beta of 1.55. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The firm has a 50-day moving average price of $118.50 and a two-hundred day moving average price of $108.99.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating the consensus estimate of $1.45 by $0.16. The firm had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $1.39 EPS. On average, equities analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Wall Street Zen cut shares of Walt Disney from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 20th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Evercore ISI upped their target price on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Finally, Citigroup upped their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $131.18.

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.