Alpine Woods Capital Investors LLC Sells 465 Shares of The Walt Disney Company $DIS

Alpine Woods Capital Investors LLC lessened its position in The Walt Disney Company (NYSE:DIS) by 2.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,039 shares of the entertainment giant’s stock after selling 465 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in Walt Disney were worth $2,485,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. increased its stake in Walt Disney by 3.5% in the second 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 increased its stake in Walt Disney by 3.3% in the second 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. Apollon Financial LLC increased its stake in Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after acquiring an additional 87 shares during the period. Community Bank N.A. increased its stake in Walt Disney by 0.4% in the second quarter. Community Bank N.A. now owns 23,045 shares of the entertainment giant’s stock valued at $2,858,000 after acquiring an additional 89 shares during the period. Finally, Bruce G. Allen Investments LLC increased its stake in Walt Disney by 9.1% in the second 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. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

DIS has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their target price on shares of Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Wall Street Zen lowered shares of Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Needham & Company LLC restated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research report on Tuesday, September 23rd. Evercore ISI boosted their price target on shares of Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Finally, Rosenblatt Securities boosted their price target on shares of Walt Disney from $140.00 to $141.00 and gave the company a “buy” rating in a research report on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.18.

Walt Disney Price Performance

Shares of DIS stock opened at $110.32 on Tuesday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The firm’s 50 day moving average is $115.18 and its 200-day moving average is $110.57. The firm has a market capitalization of $198.35 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 1.43 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.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping 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 company had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same period in the prior year, the business earned $1.39 earnings per share. Walt Disney’s quarterly revenue was up 2.1% on a year-over-year basis. Sell-side analysts forecast 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.