Bailard Inc. Grows Stock Holdings in The Walt Disney Company $DIS

Bailard Inc. raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 7.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 101,276 shares of the entertainment giant’s stock after purchasing an additional 6,984 shares during the quarter. Bailard Inc.’s holdings in Walt Disney were worth $12,559,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in DIS. MJT & Associates Financial Advisory Group Inc. purchased a new position in Walt Disney in the first quarter worth about $26,000. DiNuzzo Private Wealth Inc. lifted its stake in shares of Walt Disney by 82.5% in the 2nd 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 last quarter. Harbor Asset Planning Inc. purchased a new position in shares of Walt Disney in the 2nd quarter worth approximately $37,000. RMG Wealth Management LLC bought a new position in shares of Walt Disney during the 2nd quarter valued at approximately $49,000. Finally, Wealth Preservation Advisors LLC purchased a new stake in Walt Disney during the 1st quarter valued at $53,000. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Stephens restated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. JPMorgan Chase & Co. raised their target price on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Evercore ISI increased their price objective on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, August 4th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and an average price target of $132.90.

Walt Disney Trading Up 2.4%

Shares of DIS opened at $114.93 on Wednesday. The firm has a market capitalization of $206.64 billion, a price-to-earnings ratio of 18.01, a PEG ratio of 1.45 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a 50-day moving average of $113.26 and a 200 day moving average of $114.33.

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.