Cape Investment Advisory Inc. Has $1.40 Million Stock Holdings in The Walt Disney Company $DIS

Cape Investment Advisory Inc. cut its position in shares of The Walt Disney Company (NYSE:DIS) by 1.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,221 shares of the entertainment giant’s stock after selling 246 shares during the quarter. Cape Investment Advisory Inc.’s holdings in Walt Disney were worth $1,404,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Clearstead Trust LLC lifted its position in shares of Walt Disney by 0.6% during the 1st quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock worth $1,629,000 after buying an additional 99 shares during the period. Hemington Wealth Management boosted its stake in Walt Disney by 1.9% in the 1st quarter. Hemington Wealth Management now owns 5,628 shares of the entertainment giant’s stock valued at $555,000 after buying an additional 105 shares in the last quarter. Leigh Baldwin & CO. LLC boosted its stake in Walt Disney by 2.2% in the 1st quarter. Leigh Baldwin & CO. LLC now owns 4,994 shares of the entertainment giant’s stock valued at $493,000 after buying an additional 108 shares in the last quarter. Resonant Capital Advisors LLC boosted its stake in Walt Disney by 0.4% in the 1st quarter. Resonant Capital Advisors LLC now owns 26,119 shares of the entertainment giant’s stock valued at $2,578,000 after buying an additional 113 shares in the last quarter. Finally, RD Lewis Holdings Inc. boosted its stake in Walt Disney by 0.7% in the 1st quarter. RD Lewis Holdings Inc. now owns 15,899 shares of the entertainment giant’s stock valued at $1,470,000 after buying an additional 113 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Performance

NYSE:DIS opened at $117.93 on Friday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The firm has a 50 day moving average of $119.01 and a 200-day moving average of $108.78. 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 stock has a market capitalization of $212.03 billion, a P/E ratio of 18.48, a price-to-earnings-growth ratio of 1.71 and a beta of 1.55.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter in the previous 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 anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

DIS has been the topic of several recent analyst reports. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Wall Street Zen lowered Walt Disney from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 20th. Barclays lifted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. Loop Capital lifted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, June 10th. Finally, Guggenheim lifted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, June 27th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target 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.