Rossby Financial LCC Has $526,000 Stock Holdings in The Walt Disney Company $DIS

Rossby Financial LCC trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 17.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,242 shares of the entertainment giant’s stock after selling 883 shares during the quarter. Rossby Financial LCC’s holdings in Walt Disney were worth $526,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in DIS. Brighton Jones LLC lifted its stake in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares during the period. Golden State Wealth Management LLC lifted its stake in shares of Walt Disney by 19.7% in the first quarter. Golden State Wealth Management LLC now owns 7,220 shares of the entertainment giant’s stock worth $713,000 after acquiring an additional 1,188 shares during the period. Root Financial Partners LLC lifted its stake in shares of Walt Disney by 56.2% in the first quarter. Root Financial Partners LLC now owns 3,064 shares of the entertainment giant’s stock worth $302,000 after acquiring an additional 1,102 shares during the period. Amalgamated Bank lifted its stake in shares of Walt Disney by 1.1% in the first quarter. Amalgamated Bank now owns 356,217 shares of the entertainment giant’s stock worth $35,159,000 after acquiring an additional 3,984 shares during the period. Finally, Albion Financial Group UT lifted its stake in shares of Walt Disney by 4.7% in the first quarter. Albion Financial Group UT now owns 105,029 shares of the entertainment giant’s stock worth $10,366,000 after acquiring an additional 4,722 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on DIS shares. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. UBS Group lifted their price objective on Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Evercore ISI lifted their target price on Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Walt Disney in a report on Wednesday, October 8th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $132.90.

Walt Disney Trading Up 0.5%

Shares of DIS stock opened at $112.28 on Tuesday. The company has a market cap of $201.87 billion, a P/E ratio of 17.60, a PEG ratio of 1.46 and a beta of 1.54. The stock has a 50 day simple moving average of $114.56 and a two-hundred day simple moving average of $112.13. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating the consensus estimate of $1.45 by $0.16. The firm had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. Research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

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.