Transatlantique Private Wealth LLC Buys 797 Shares of The Walt Disney Company $DIS

Transatlantique Private Wealth LLC grew its stake in The Walt Disney Company (NYSE:DIS) by 5.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,824 shares of the entertainment giant’s stock after acquiring an additional 797 shares during the period. Transatlantique Private Wealth LLC’s holdings in Walt Disney were worth $1,838,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DIS. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Walt Disney during the first quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. boosted 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 purchasing an additional 94 shares in the last quarter. Harbor Asset Planning Inc. bought a new position in shares of Walt Disney during the second quarter valued at approximately $37,000. RMG Wealth Management LLC bought a new position in shares of Walt Disney during the second quarter valued at approximately $49,000. Finally, Wealth Preservation Advisors LLC bought a new position in shares of Walt Disney during the first quarter valued at approximately $53,000. 65.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on DIS. Morgan Stanley increased their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Arete Research raised shares of Walt Disney to a “strong sell” rating in a research report on Tuesday, October 28th. Stephens reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Citigroup increased their target price on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, July 9th. Nineteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $132.90.

Walt Disney Trading Down 0.4%

NYSE DIS opened at $112.14 on Tuesday. The company has a fifty day simple moving average of $114.01 and a two-hundred day simple moving average of $113.28. The stock has a market cap of $201.62 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.45 and a beta of 1.54. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. 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 posted its quarterly 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. The business had revenue of $23.65 billion during the quarter, compared to analysts’ expectations 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 quarter last year, the company posted $1.39 earnings per share. On average, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current 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.