Boston Family Office LLC Has $4.25 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Boston Family Office LLC grew its holdings in The Walt Disney Company (NYSE:DIS) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,176 shares of the entertainment giant’s stock after purchasing an additional 294 shares during the quarter. Boston Family Office LLC’s holdings in The Walt Disney were worth $4,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in DIS. FORA Capital LLC acquired a new position in shares of The Walt Disney in the 1st quarter valued at about $28,000. Johnson Midwest Financial LLC increased its position in The Walt Disney by 142.9% in the 2nd quarter. Johnson Midwest Financial LLC now owns 170 shares of the entertainment giant’s stock valued at $30,000 after buying an additional 100 shares in the last quarter. FFT Wealth Management LLC bought a new stake in The Walt Disney in the 2nd quarter valued at about $37,000. Financial Insights Inc. bought a new stake in The Walt Disney in the 2nd quarter valued at about $37,000. Finally, Paragon Wealth Strategies LLC bought a new stake in The Walt Disney in the 2nd quarter valued at about $39,000. 64.10% of the stock is currently owned by institutional investors.

A number of brokerages recently commented on DIS. UBS Group boosted their target price on The Walt Disney from $215.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, August 13th. Evercore ISI reaffirmed a “buy” rating and issued a $210.00 target price on shares of The Walt Disney in a research report on Wednesday, September 22nd. BMO Capital Markets boosted their target price on The Walt Disney from $190.00 to $195.00 and gave the company a “market perform” rating in a research report on Friday, August 13th. Wolfe Research reissued an “outperform” rating and set a $226.00 price objective on shares of The Walt Disney in a report on Thursday, June 10th. Finally, The Goldman Sachs Group boosted their price objective on The Walt Disney from $215.00 to $218.00 and gave the stock a “buy” rating in a report on Friday, August 13th. Four analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $209.19.

In other The Walt Disney news, CEO Robert A. Chapek sold 10,587 shares of the stock in a transaction on Tuesday, August 31st. The stock was sold at an average price of $182.00, for a total transaction of $1,926,834.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Brent Woodford sold 8,000 shares of the stock in a transaction on Friday, August 13th. The stock was sold at an average price of $186.57, for a total value of $1,492,560.00. Following the sale, the executive vice president now owns 42,620 shares in the company, valued at approximately $7,951,613.40. The disclosure for this sale can be found here. 0.25% of the stock is currently owned by corporate insiders.

Shares of DIS stock traded up $2.49 during trading on Monday, hitting $178.49. The company’s stock had a trading volume of 229,117 shares, compared to its average volume of 9,589,927. The company has a market cap of $324.34 billion, a PE ratio of 288.52, a P/E/G ratio of 3.50 and a beta of 1.19. The company has a current ratio of 1.24, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. The business has a fifty day moving average of $178.57 and a 200-day moving average of $180.47. The Walt Disney Company has a 52 week low of $117.23 and a 52 week high of $203.02.

The Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, August 12th. The entertainment giant reported $0.80 EPS for the quarter, beating the consensus estimate of $0.57 by $0.23. The Walt Disney had a return on equity of 3.78% and a net margin of 1.77%. The business had revenue of $17.02 billion for the quarter, compared to the consensus estimate of $16.82 billion. During the same quarter in the prior year, the business earned $0.08 earnings per share. As a group, research analysts predict that The Walt Disney Company will post 2.45 EPS for the current year.

About The Walt Disney

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International (DTCI). The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.

Further Reading: Dual Listing

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Institutional Ownership by Quarter for The Walt Disney (NYSE:DIS)

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