Blue Zone Wealth Advisors LLC Acquires 702 Shares of The Walt Disney Company $DIS

Blue Zone Wealth Advisors LLC lifted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 1.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 45,872 shares of the entertainment giant’s stock after purchasing an additional 702 shares during the period. Blue Zone Wealth Advisors LLC’s holdings in Walt Disney were worth $5,689,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the company. Physician Wealth Advisors Inc. grew 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 worth $323,000 after acquiring an additional 87 shares during the last quarter. Childress Capital Advisors LLC grew its holdings in Walt Disney by 3.3% in the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock worth $341,000 after acquiring an additional 87 shares during the last quarter. Bruce G. Allen Investments LLC grew its holdings in Walt Disney by 9.1% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock worth $139,000 after acquiring an additional 94 shares during the last quarter. DiNuzzo Private Wealth Inc. grew its holdings in Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after acquiring an additional 94 shares during the last quarter. Finally, Clearstead Trust LLC grew its holdings in Walt Disney by 0.6% in the 1st quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock worth $1,629,000 after acquiring an additional 99 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 1.6%

Shares of NYSE DIS opened at $109.17 on Friday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The stock has a market cap of $196.27 billion, a P/E ratio of 17.11, a price-to-earnings-growth ratio of 1.46 and a beta of 1.54. The firm has a 50-day moving average of $115.36 and a 200 day moving average of $110.34. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same period last year, the company posted $1.39 EPS. Walt Disney’s revenue was up 2.1% on a year-over-year basis. As a group, sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Ratings Changes

DIS has been the topic of a number of recent analyst reports. Guggenheim raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, June 27th. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Jefferies Financial Group cut shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.

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.