NTV Asset Management LLC Decreases Holdings in The Walt Disney Company $DIS

NTV Asset Management LLC trimmed its holdings in shares of The Walt Disney Company (NYSE:DIS) by 0.6% in the second quarter, Holdings Channel reports. The institutional investor owned 15,338 shares of the entertainment giant’s stock after selling 100 shares during the period. NTV Asset Management LLC’s holdings in Walt Disney were worth $1,902,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of DIS. Brighton Jones LLC lifted its holdings in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares during the last quarter. Naples Global Advisors LLC lifted its holdings in shares of Walt Disney by 13.0% in the 1st quarter. Naples Global Advisors LLC now owns 19,181 shares of the entertainment giant’s stock valued at $1,893,000 after purchasing an additional 2,204 shares during the last quarter. Fermata Advisors LLC lifted its holdings in shares of Walt Disney by 26.9% in the 1st quarter. Fermata Advisors LLC now owns 2,705 shares of the entertainment giant’s stock valued at $267,000 after purchasing an additional 574 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Walt Disney by 14.5% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,617 shares of the entertainment giant’s stock valued at $456,000 after purchasing an additional 584 shares during the last quarter. Finally, Retirement Planning Group LLC lifted its holdings in shares of Walt Disney by 17.7% in the 1st quarter. Retirement Planning Group LLC now owns 5,270 shares of the entertainment giant’s stock valued at $520,000 after purchasing an additional 792 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Stock Performance

NYSE DIS opened at $112.49 on Friday. 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 business’s 50 day moving average is $116.12 and its two-hundred day moving average is $109.95. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The stock has a market capitalization of $202.25 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 1.47 and a beta of 1.54.

Walt Disney (NYSE:DIS) last released its earnings results 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. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion for the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter in the previous year, the firm posted $1.39 EPS. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. Research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on DIS. UBS Group boosted their target price on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Guggenheim upped their price objective on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, June 27th. Finally, Wall Street Zen downgraded Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday. Nineteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company presently 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.