The Walt Disney Company $DIS Stake Boosted by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC increased its stake in The Walt Disney Company (NYSE:DIS) by 18.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,106 shares of the entertainment giant’s stock after purchasing an additional 1,409 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Walt Disney were worth $1,120,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC grew its stake in Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after acquiring an additional 1,904 shares in the last quarter. GAMMA Investing LLC grew its stake in Walt Disney by 8.1% during the 1st quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock valued at $2,451,000 after acquiring an additional 1,856 shares in the last quarter. Advisor Resource Council purchased a new position in Walt Disney during the 1st quarter valued at about $434,000. Childress Capital Advisors LLC grew its stake in Walt Disney by 24.8% during the 1st quarter. Childress Capital Advisors LLC now owns 2,662 shares of the entertainment giant’s stock valued at $263,000 after acquiring an additional 529 shares in the last quarter. Finally, Ridgecrest Wealth Partners LLC grew its stake in Walt Disney by 4.2% during the 1st quarter. Ridgecrest Wealth Partners LLC now owns 7,938 shares of the entertainment giant’s stock valued at $784,000 after acquiring an additional 319 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Citigroup lifted their target price on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. JPMorgan Chase & Co. boosted their price target on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Morgan Stanley boosted their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Finally, Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.90.

Walt Disney Stock Up 1.2%

Shares of DIS stock opened at $112.01 on Tuesday. The stock has a market cap of $201.39 billion, a P/E ratio of 17.56, a price-to-earnings-growth ratio of 1.45 and a beta of 1.54. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The stock has a fifty day moving average price of $114.85 and a 200 day moving average price of $111.19. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS) last issued its 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 analysts’ expectations of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.Walt Disney’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the business earned $1.39 earnings per share. Analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

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.