Itau Unibanco Holding S.A. Has $1.52 Million Stock Holdings in The Walt Disney Company $DIS

Itau Unibanco Holding S.A. grew its holdings in The Walt Disney Company (NYSE:DIS) by 55.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 15,392 shares of the entertainment giant’s stock after acquiring an additional 5,513 shares during the period. Itau Unibanco Holding S.A.’s holdings in Walt Disney were worth $1,519,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DIS. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Walt Disney in the 1st quarter valued at $26,000. Mpwm Advisory Solutions LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $27,000. Kessler Investment Group LLC raised its stake in shares of Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock valued at $27,000 after buying an additional 200 shares in the last quarter. Copia Wealth Management acquired a new position in shares of Walt Disney in the 4th quarter valued at $36,000. Finally, Vermillion Wealth Management Inc. acquired a new position in shares of Walt Disney in the 4th quarter valued at $39,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on DIS. Chardan Capital restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Wall Street Zen cut shares of Walt Disney from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 20th. Citigroup increased their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Barclays increased their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Trading Up 0.4%

DIS opened at $118.15 on Thursday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $212.42 billion, a PE ratio of 18.52, a PEG ratio of 1.70 and a beta of 1.56. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The firm has a 50-day moving average price of $119.18 and a two-hundred day moving average price of $108.39.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating 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 net margin of 12.22% and a return on equity of 9.67%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.39 EPS. As a group, equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.