The Walt Disney Company $DIS Shares Bought by Regatta Capital Group LLC

Regatta Capital Group LLC boosted its position in shares of The Walt Disney Company (NYSE:DIS) by 2.5% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 34,340 shares of the entertainment giant’s stock after acquiring an additional 851 shares during the quarter. Walt Disney comprises about 0.7% of Regatta Capital Group LLC’s portfolio, making the stock its 27th largest position. Regatta Capital Group LLC’s holdings in Walt Disney were worth $4,258,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DIS. Physician Wealth Advisors Inc. raised its stake in shares of Walt Disney by 3.5% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock valued at $323,000 after buying an additional 87 shares during the last quarter. Bruce G. Allen Investments LLC raised its stake in shares of Walt Disney by 9.1% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock valued at $139,000 after buying an additional 94 shares during the last quarter. Clearstead Trust LLC raised its stake 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 valued at $1,629,000 after buying an additional 99 shares during the last quarter. Aspen Investment Management Inc raised its stake in shares of Walt Disney by 3.5% during the 1st quarter. Aspen Investment Management Inc now owns 2,938 shares of the entertainment giant’s stock valued at $290,000 after buying an additional 100 shares during the last quarter. Finally, Hemington Wealth Management raised its stake in shares of Walt Disney by 1.9% during 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 during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Price Performance

NYSE:DIS opened at $113.49 on Thursday. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The stock has a 50 day moving average of $117.30 and a two-hundred day moving average of $109.27. 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 firm has a market cap of $204.05 billion, a P/E ratio of 17.79, a price-to-earnings-growth ratio of 1.62 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 EPS for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same period in the previous year, the business earned $1.39 EPS. Walt Disney’s quarterly revenue was up 2.1% on a year-over-year basis. On average, analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DIS has been the subject of several recent analyst reports. Jefferies Financial Group lowered Walt Disney from a “strong-buy” rating to a “hold” rating 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. Evercore ISI lifted their price target on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, August 4th. Stephens restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. One investment 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. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.18.

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.