Roman Butler Fullerton & Co. Buys New Holdings in The Walt Disney Company $DIS

Roman Butler Fullerton & Co. bought a new stake in The Walt Disney Company (NYSE:DIS) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,879 shares of the entertainment giant’s stock, valued at approximately $228,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in Walt Disney in the 1st quarter valued at about $26,000. DiNuzzo Private Wealth Inc. increased its position in 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 buying an additional 94 shares in the last quarter. Kessler Investment Group LLC increased its position in Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock valued at $27,000 after buying an additional 200 shares in the last quarter. Harbor Asset Planning Inc. bought a new stake in Walt Disney in the 2nd quarter valued at about $37,000. Finally, RMG Wealth Management LLC bought a new stake in Walt Disney in the 2nd quarter valued at about $49,000. 65.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Citigroup lifted their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. UBS Group lifted their price target on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Rosenblatt Securities reiterated a “buy” rating and set a $141.00 price target on shares of Walt Disney in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. lifted their price target on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Nineteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $132.90.

Walt Disney Price Performance

Shares of NYSE DIS opened at $113.04 on Friday. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The stock’s 50 day moving average price is $114.72 and its 200-day moving average price is $111.43. The company has a market capitalization of $203.24 billion, a PE ratio of 17.72, a PEG ratio of 1.48 and a beta of 1.54. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the previous year, the business earned $1.39 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. On average, equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney 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.