Trivium Point Advisory LLC Cuts Position in The Walt Disney Company $DIS

Trivium Point Advisory LLC decreased its position in The Walt Disney Company (NYSE:DIS) by 74.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,406 shares of the entertainment giant’s stock after selling 21,518 shares during the quarter. Trivium Point Advisory LLC’s holdings in Walt Disney were worth $918,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Eagle Bluffs Wealth Management LLC raised its position in Walt Disney by 2.3% in the second quarter. Eagle Bluffs Wealth Management LLC now owns 17,017 shares of the entertainment giant’s stock valued at $2,119,000 after purchasing an additional 383 shares during the period. Robbins Farley raised its position in Walt Disney by 1.3% in the second quarter. Robbins Farley now owns 34,301 shares of the entertainment giant’s stock valued at $4,254,000 after purchasing an additional 432 shares during the period. DiNuzzo Private Wealth Inc. raised its position in Walt Disney by 82.5% in 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 during the period. Centennial Wealth Advisory LLC purchased a new stake in Walt Disney in the second quarter valued at approximately $297,000. Finally, Presper Financial Architects LLC purchased a new stake in Walt Disney in the second quarter valued at approximately $263,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS stock opened at $114.47 on Wednesday. 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 firm has a fifty day moving average price of $116.70 and a 200 day moving average price of $109.75. The company has a market cap of $205.81 billion, a P/E ratio of 17.94, a PEG ratio of 1.66 and a beta of 1.55. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (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 company 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 posted $1.39 earnings per share. Walt Disney’s revenue for the quarter was up 2.1% on a year-over-year basis. Sell-side analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DIS has been the topic of a number of recent research reports. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Wall Street Zen lowered Walt Disney from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 20th. Loop Capital upped their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, June 10th. Finally, Stephens reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $131.18.

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.