Whelan Financial Has $962,000 Position in The Walt Disney Company $DIS

Whelan Financial increased its position in The Walt Disney Company (NYSE:DIS) by 34.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,754 shares of the entertainment giant’s stock after buying an additional 2,001 shares during the period. Walt Disney accounts for 0.3% of Whelan Financial’s portfolio, making the stock its 26th largest holding. Whelan Financial’s holdings in Walt Disney were worth $962,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Walt Disney by 4.7% during the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,460 shares of the entertainment giant’s stock valued at $1,917,000 after purchasing an additional 695 shares during the last quarter. 1900 Wealth Management LLC grew its holdings in Walt Disney by 6.7% during the second quarter. 1900 Wealth Management LLC now owns 2,260 shares of the entertainment giant’s stock valued at $280,000 after purchasing an additional 142 shares during the last quarter. Ashton Thomas Securities LLC grew its holdings in Walt Disney by 27.8% during the second quarter. Ashton Thomas Securities LLC now owns 32,758 shares of the entertainment giant’s stock valued at $4,063,000 after purchasing an additional 7,129 shares during the last quarter. Hilltop National Bank acquired a new position in Walt Disney during the second quarter valued at approximately $519,000. Finally, Triad Wealth Partners LLC acquired a new position in Walt Disney during the second quarter valued at approximately $229,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Price Performance

Walt Disney stock opened at $112.14 on Friday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. 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 $201.62 billion, a P/E ratio of 17.58, a PEG ratio of 1.48 and a beta of 1.54. The business has a 50-day moving average of $116.30 and a 200-day moving average of $109.86.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) 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 business had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same period in the previous year, the firm earned $1.39 EPS. Walt Disney’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on DIS. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Loop Capital raised their target price on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, June 10th. Stephens restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Needham & Company LLC reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research report on Tuesday, September 23rd. Finally, Morgan Stanley lifted their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Nineteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.18.

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.