The Walt Disney Company $DIS Position Trimmed by Dillon & Associates Inc.

Dillon & Associates Inc. lessened its position in The Walt Disney Company (NYSE:DIS) by 18.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,320 shares of the entertainment giant’s stock after selling 1,168 shares during the quarter. Dillon & Associates Inc.’s holdings in Walt Disney were worth $660,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its position in Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after buying an additional 1,904 shares in the last quarter. Roffman Miller Associates Inc. PA lifted its position in Walt Disney by 0.6% in the 1st quarter. Roffman Miller Associates Inc. PA now owns 232,657 shares of the entertainment giant’s stock worth $22,963,000 after buying an additional 1,322 shares in the last quarter. Capital Advisors Inc. OK lifted its position in Walt Disney by 16.5% in the 1st quarter. Capital Advisors Inc. OK now owns 11,054 shares of the entertainment giant’s stock worth $1,091,000 after buying an additional 1,567 shares in the last quarter. TD Private Client Wealth LLC lifted its position in Walt Disney by 26.7% in the 1st quarter. TD Private Client Wealth LLC now owns 28,252 shares of the entertainment giant’s stock worth $2,788,000 after buying an additional 5,958 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its position in Walt Disney by 37.6% in the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 41,969 shares of the entertainment giant’s stock worth $4,142,000 after buying an additional 11,468 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

NYSE DIS opened at $112.14 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 firm has a market capitalization of $201.62 billion, a price-to-earnings ratio of 17.58, a P/E/G ratio of 1.45 and a beta of 1.54. The company’s fifty day moving average is $114.01 and its two-hundred day moving average is $113.28. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

Walt Disney (NYSE:DIS) last posted its quarterly 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. The company had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the business posted $1.39 EPS. Equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

DIS has been the topic of a number of recent research reports. Susquehanna restated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Barclays raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Evercore ISI raised their price target on shares of Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, August 4th. UBS Group raised their price target on shares of Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Finally, Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $132.90.

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.