Catalina Capital Group LLC Invests $214,000 in The Walt Disney Company $DIS

Catalina Capital Group LLC acquired a new position in shares of The Walt Disney Company (NYSE:DIS) in the 2nd quarter, HoldingsChannel reports. The fund acquired 1,730 shares of the entertainment giant’s stock, valued at approximately $214,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Physician Wealth Advisors Inc. grew its holdings in shares of Walt Disney by 3.5% during the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after purchasing an additional 87 shares during the last quarter. Childress Capital Advisors LLC grew its holdings in shares of Walt Disney by 3.3% during the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock worth $341,000 after purchasing an additional 87 shares during the last quarter. Bruce G. Allen Investments LLC grew its holdings in shares of Walt Disney by 9.1% during the second quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock worth $139,000 after purchasing an additional 94 shares during the last quarter. DiNuzzo Private Wealth Inc. grew its holdings 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 worth $26,000 after purchasing an additional 94 shares during the last quarter. Finally, Clearstead Trust LLC grew its holdings in shares of Walt Disney by 0.6% during the first quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock worth $1,629,000 after purchasing an additional 99 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $112.14 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The company has a market cap of $201.62 billion, a P/E ratio of 17.58, a PEG ratio of 1.48 and a beta of 1.54. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a 50-day moving average price of $116.30 and a 200 day moving average price of $109.86.

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

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Citigroup raised their price objective on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Rosenblatt Securities raised their price target on Walt Disney from $140.00 to $141.00 and gave the stock a “buy” rating in a report on Monday, August 11th. JPMorgan Chase & Co. raised their price target on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Evercore ISI raised their price target on Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Finally, Needham & Company LLC reissued a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Tuesday, September 23rd. Nineteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $131.18.

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.