Thompson Davis & CO. Inc. Invests $301,000 in The Walt Disney Company $DIS

Thompson Davis & CO. Inc. purchased a new position in shares of The Walt Disney Company (NYSE:DIS) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,425 shares of the entertainment giant’s stock, valued at approximately $301,000.

A number of other large investors have also recently added to or reduced their stakes in the business. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Walt Disney in the 1st quarter valued at $26,000. DiNuzzo Private Wealth Inc. lifted 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 buying an additional 94 shares during the last quarter. Harbor Asset Planning Inc. purchased a new position in Walt Disney during the second quarter worth about $37,000. RMG Wealth Management LLC acquired a new stake in shares of Walt Disney during the second quarter valued at about $49,000. Finally, Wealth Preservation Advisors LLC acquired a new position in shares of Walt Disney in the 1st quarter worth approximately $53,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Performance

Shares of DIS stock opened at $106.13 on Thursday. The company has a market cap of $190.81 billion, a P/E ratio of 16.95, a PEG ratio of 1.45 and a beta of 1.55. The firm has a fifty day moving average price of $113.25 and a 200 day moving average price of $114.34. 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 Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.08. The business had revenue of $22.46 billion for the quarter, compared to analyst estimates of $22.78 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter last year, the company earned $1.14 EPS. 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

A number of research firms have commented on DIS. JPMorgan Chase & Co. upped their price target on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walt Disney in a research note on Wednesday. Stephens restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Finally, UBS Group raised their price target on shares of Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research report on Wednesday, July 16th. Nineteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $132.90.

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.