Nadler Financial Group Inc. Sells 398 Shares of The Walt Disney Company $DIS

Nadler Financial Group Inc. cut its stake in The Walt Disney Company (NYSE:DIS) by 6.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,622 shares of the entertainment giant’s stock after selling 398 shares during the period. Nadler Financial Group Inc.’s holdings in Walt Disney were worth $697,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Physician Wealth Advisors Inc. lifted its stake in Walt Disney by 3.5% in the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock valued at $323,000 after buying an additional 87 shares during the period. Childress Capital Advisors LLC lifted its stake in Walt Disney by 3.3% in the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after buying an additional 87 shares during the period. Apollon Financial LLC lifted its stake in Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after buying an additional 87 shares during the period. Community Bank N.A. lifted its stake in Walt Disney by 0.4% in the second quarter. Community Bank N.A. now owns 23,045 shares of the entertainment giant’s stock valued at $2,858,000 after buying an additional 89 shares during the period. Finally, Bruce G. Allen Investments LLC lifted its stake in Walt Disney by 9.1% in the second quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock valued at $139,000 after buying an additional 94 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

DIS has been the topic of several recent analyst reports. Raymond James Financial reissued a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Walt Disney in a research report on Wednesday, October 8th. Barclays upped their target price on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. UBS Group upped their target price on Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Finally, Morgan Stanley upped their target price on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Nineteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.18.

Walt Disney Trading Up 1.0%

Shares of Walt Disney stock opened at $110.32 on Tuesday. The stock has a fifty day simple moving average of $115.18 and a 200 day simple moving average of $110.57. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a market capitalization of $198.35 billion, a P/E ratio of 17.29, a price-to-earnings-growth ratio of 1.43 and a beta of 1.54. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business 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 company posted $1.39 earnings per share. Walt Disney’s revenue was up 2.1% compared to the same quarter last year. On average, sell-side 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.