The Walt Disney Company $DIS Stock Holdings Lifted by 1900 Wealth Management LLC

1900 Wealth Management LLC lifted its holdings in The Walt Disney Company (NYSE:DIS) by 6.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 2,260 shares of the entertainment giant’s stock after buying an additional 142 shares during the quarter. 1900 Wealth Management LLC’s holdings in Walt Disney were worth $280,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Ashton Thomas Securities LLC lifted its position in shares of Walt Disney by 27.8% in the 2nd quarter. Ashton Thomas Securities LLC now owns 32,758 shares of the entertainment giant’s stock worth $4,063,000 after buying an additional 7,129 shares during the last quarter. Hilltop National Bank bought a new stake in Walt Disney in the 2nd quarter valued at about $519,000. Triad Wealth Partners LLC bought a new stake in Walt Disney in the 2nd quarter valued at about $229,000. Jmac Enterprises LLC bought a new stake in Walt Disney in the 2nd quarter valued at about $216,000. Finally, Rainey & Randall Wealth Advisors Inc. bought a new stake in Walt Disney in the 2nd quarter valued at about $207,000. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on DIS. JPMorgan Chase & Co. lifted their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Wall Street Zen downgraded shares of Walt Disney from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 20th. Barclays lifted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Stock Performance

Shares of DIS opened at $112.14 on Friday. The firm’s 50 day moving average is $116.30 and its 200-day moving average is $109.86. The stock has a market capitalization of $201.62 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.48 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69.

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

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.