2,420 Shares in The Walt Disney Company $DIS Bought by HORAN Wealth LLC

HORAN Wealth LLC bought a new position in The Walt Disney Company (NYSE:DIS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,420 shares of the entertainment giant’s stock, valued at approximately $300,000.

Several other institutional investors have also recently bought and sold shares of the company. J. Safra Sarasin Holding AG raised its stake in shares of Walt Disney by 8.1% in the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock worth $21,983,000 after acquiring an additional 16,781 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of Walt Disney in the second quarter worth about $4,220,599,000. Wedge Capital Management L L P NC raised its stake in shares of Walt Disney by 8,744.0% in the second quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock worth $39,724,000 after acquiring an additional 316,707 shares during the last quarter. Lodge Hill Capital LLC bought a new position in shares of Walt Disney in the first quarter worth about $24,373,000. Finally, Border to Coast Pensions Partnership Ltd raised its stake in shares of Walt Disney by 13.6% in the second quarter. Border to Coast Pensions Partnership Ltd now owns 502,961 shares of the entertainment giant’s stock worth $62,372,000 after acquiring an additional 60,353 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 0.1%

DIS opened at $111.39 on Thursday. The company has a market cap of $200.27 billion, a price-to-earnings ratio of 17.46, a price-to-earnings-growth ratio of 1.45 and a beta of 1.54. The firm has a 50 day simple moving average of $113.75 and a 200 day simple moving average of $113.45. 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 fifty-two week low of $80.10 and a fifty-two week high of $124.69.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the prior year, the firm earned $1.39 earnings per share. The business’s quarterly revenue was up 2.1% on a year-over-year basis. On average, sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

DIS has been the subject of a number of research analyst reports. Citigroup boosted 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. UBS Group boosted their target price on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of Walt Disney in a research note on Wednesday, October 8th. JPMorgan Chase & Co. boosted their price target on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Finally, Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average target price of $132.90.

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.