Wolf Group Capital Advisors Purchases 1,557 Shares of The Walt Disney Company (NYSE:DIS)

Wolf Group Capital Advisors boosted its position in The Walt Disney Company (NYSE:DIS) by 18.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,120 shares of the entertainment giant’s stock after buying an additional 1,557 shares during the quarter. Wolf Group Capital Advisors’ holdings in Walt Disney were worth $1,005,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. Savant Capital LLC boosted its holdings in Walt Disney by 1.9% in the 4th quarter. Savant Capital LLC now owns 45,296 shares of the entertainment giant’s stock worth $4,090,000 after buying an additional 838 shares during the period. Cary Street Partners Asset Management LLC lifted its holdings in shares of Walt Disney by 11.3% in the fourth quarter. Cary Street Partners Asset Management LLC now owns 23,107 shares of the entertainment giant’s stock worth $2,086,000 after buying an additional 2,348 shares in the last quarter. Phraction Management LLC bought a new position in shares of Walt Disney in the fourth quarter valued at approximately $221,000. Global Wealth Management Investment Advisory Inc. grew its stake in Walt Disney by 5.8% during the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 2,427 shares of the entertainment giant’s stock valued at $219,000 after acquiring an additional 133 shares in the last quarter. Finally, Triumph Capital Management increased its holdings in Walt Disney by 5.2% during the 4th quarter. Triumph Capital Management now owns 7,481 shares of the entertainment giant’s stock worth $678,000 after acquiring an additional 367 shares during the period. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Stock Up 0.6 %

Shares of NYSE:DIS opened at $90.38 on Friday. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38. The stock’s 50-day moving average price is $93.47 and its 200-day moving average price is $104.17. The stock has a market capitalization of $164.77 billion, a P/E ratio of 98.24, a price-to-earnings-growth ratio of 1.15 and a beta of 1.40.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.19. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The business had revenue of $23.20 billion for the quarter, compared to analyst estimates of $23.08 billion. During the same period last year, the company earned $1.03 EPS. Walt Disney’s revenue for the quarter was up 3.9% compared to the same quarter last year. On average, equities analysts anticipate that The Walt Disney Company will post 4.77 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Calvin Mcdonald acquired 11,756 shares of the firm’s stock in a transaction on Thursday, August 8th. The shares were purchased at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the transaction, the director now owns 22,313 shares of the company’s stock, valued at $1,897,943.78. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

DIS has been the subject of several analyst reports. Evercore ISI cut their price target on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a report on Thursday, August 8th. Bank of America dropped their price objective on Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Loop Capital decreased their target price on Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, July 30th. Morgan Stanley dropped their price target on Walt Disney from $130.00 to $110.00 and set an “overweight” rating for the company in a research report on Monday, August 5th. Finally, Macquarie cut their price objective on Walt Disney from $107.00 to $94.00 and set a “neutral” rating for the company in a report on Monday, August 12th. Three analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $117.95.

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.