The Walt Disney Company (NYSE:DIS) Shares Bought by RVW Wealth LLC

RVW Wealth LLC lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 121.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,008 shares of the entertainment giant’s stock after purchasing an additional 8,787 shares during the period. RVW Wealth LLC’s holdings in Walt Disney were worth $1,580,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Planning Directions Inc. acquired a new stake in shares of Walt Disney in the 1st quarter worth $326,000. Trek Financial LLC grew its holdings in shares of Walt Disney by 479.9% in the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant’s stock valued at $4,044,000 after purchasing an additional 30,057 shares during the period. WoodTrust Financial Corp increased its position in Walt Disney by 6.7% during the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock worth $9,491,000 after purchasing an additional 6,047 shares during the last quarter. Bank of Stockton raised its stake in Walt Disney by 4.4% during the first quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant’s stock worth $897,000 after purchasing an additional 383 shares during the period. Finally, Rheos Capital Works Inc. boosted its holdings in Walt Disney by 164.7% in the 1st quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant’s stock valued at $39,026,000 after purchasing an additional 246,000 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Rosenblatt Securities raised their target price on Walt Disney from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, June 3rd. JPMorgan Chase & Co. increased their price target on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a report on Tuesday. Guggenheim boosted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, June 27th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Thursday, May 8th. Finally, Citigroup lifted their price target on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, July 9th. Five investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $128.70.

Insider Buying and Selling at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president directly owned 46,831 shares of the company’s stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Stock Performance

NYSE:DIS opened at $119.56 on Thursday. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61. The firm has a market capitalization of $214.94 billion, a PE ratio of 24.45, a price-to-earnings-growth ratio of 1.75 and a beta of 1.56. The business’s fifty day moving average price is $118.46 and its 200 day moving average price is $107.59.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.21 EPS. On average, sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.