Laraway Financial Advisors Inc Sells 200 Shares of The Walt Disney Company $DIS

Laraway Financial Advisors Inc trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 5.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,422 shares of the entertainment giant’s stock after selling 200 shares during the quarter. Laraway Financial Advisors Inc’s holdings in Walt Disney were worth $424,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. grew its stake in shares of Walt Disney by 82.5% during the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after buying an additional 94 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Walt Disney during the 1st quarter worth approximately $26,000. Kessler Investment Group LLC boosted its holdings in Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock valued at $27,000 after acquiring an additional 200 shares during the period. RMG Wealth Management LLC purchased a new position in Walt Disney during the 2nd quarter valued at $49,000. Finally, Wolff Wiese Magana LLC grew its position in Walt Disney by 41.5% in the 2nd quarter. Wolff Wiese Magana LLC now owns 460 shares of the entertainment giant’s stock valued at $57,000 after acquiring an additional 135 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DIS has been the subject of several research analyst reports. Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Stephens reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. 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 research note on Wednesday, July 9th. Finally, UBS Group raised their target price on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Nineteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $131.18.

Walt Disney Stock Up 0.3%

NYSE:DIS opened at $112.83 on Tuesday. 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 1-year low of $80.10 and a 1-year high of $124.69. The company has a 50-day moving average of $115.97 and a 200 day moving average of $110.19. The firm has a market cap of $202.86 billion, a PE ratio of 17.68, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54.

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