111 Capital Reduces Stock Holdings in The Walt Disney Company $DIS

111 Capital decreased its stake in The Walt Disney Company (NYSE:DIS) by 44.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,526 shares of the entertainment giant’s stock after selling 12,249 shares during the quarter. 111 Capital’s holdings in Walt Disney were worth $1,925,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Physician Wealth Advisors Inc. boosted its holdings in Walt Disney by 3.5% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock valued at $323,000 after acquiring an additional 87 shares during the period. Childress Capital Advisors LLC boosted its holdings in Walt Disney by 3.3% during the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after acquiring an additional 87 shares during the period. Bruce G. Allen Investments LLC boosted its holdings in Walt Disney by 9.1% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock valued at $139,000 after acquiring an additional 94 shares during the period. DiNuzzo Private Wealth Inc. boosted its holdings in Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after acquiring an additional 94 shares during the period. Finally, Clearstead Trust LLC boosted its holdings in Walt Disney by 0.6% during the 1st quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock valued at $1,629,000 after acquiring an additional 99 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

DIS has been the subject of a number of recent analyst reports. Chardan Capital restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Wall Street Zen cut Walt Disney from a “buy” rating to a “hold” rating in a report on Friday. Evercore ISI lifted their target price on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Walt Disney in a research report on Saturday, September 27th. Finally, Stephens reaffirmed a “buy” 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 nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Trading Up 0.3%

DIS opened at $112.49 on Friday. The firm has a market cap of $202.25 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 1.47 and a beta of 1.54. 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 Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The stock has a fifty day moving average price of $116.12 and a 200-day moving average price of $109.95.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping 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 return on equity of 9.67% and a net margin of 12.22%.The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.39 EPS. As a group, equities research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.