PFG Advisors Boosts Stock Holdings in The Walt Disney Company $DIS

PFG Advisors grew its holdings in The Walt Disney Company (NYSE:DIS) by 25.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 8,818 shares of the entertainment giant’s stock after buying an additional 1,800 shares during the quarter. PFG Advisors’ holdings in Walt Disney were worth $1,094,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Kondo Wealth Advisors Inc. raised its stake in shares of Walt Disney by 1.2% during the 2nd quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock valued at $904,000 after purchasing an additional 84 shares during the period. Cornerstone Advisory LLC increased its holdings in Walt Disney by 1.5% during the 2nd quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock worth $730,000 after acquiring an additional 86 shares during the period. Physician Wealth Advisors Inc. boosted its holdings in Walt Disney by 3.5% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock valued at $323,000 after purchasing an additional 87 shares during the period. Childress Capital Advisors LLC grew its position in shares of Walt Disney by 3.3% during the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after purchasing an additional 87 shares in the last quarter. Finally, Apollon Financial LLC increased its holdings in shares of Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock worth $755,000 after purchasing an additional 87 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their price objective on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Susquehanna restated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Wall Street Zen downgraded shares of Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Evercore ISI boosted their price target on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, August 4th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Walt Disney in a report on Wednesday, October 8th. Nineteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $132.90.

Walt Disney Trading Up 1.3%

Shares of DIS opened at $112.17 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The firm has a 50 day moving average price of $113.33 and a 200-day moving average price of $114.15. The firm has a market cap of $201.67 billion, a price-to-earnings ratio of 17.58, a PEG ratio of 1.45 and a beta of 1.55.

Walt Disney 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.