Whipplewood Advisors LLC Acquires 145 Shares of The Walt Disney Company $DIS

Whipplewood Advisors LLC boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 4.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,357 shares of the entertainment giant’s stock after purchasing an additional 145 shares during the quarter. Whipplewood Advisors LLC’s holdings in Walt Disney were worth $416,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after buying an additional 1,904 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Walt Disney by 8.1% during the first quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock valued at $2,451,000 after acquiring an additional 1,856 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Walt Disney by 41.2% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 407,670 shares of the entertainment giant’s stock valued at $40,237,000 after purchasing an additional 118,989 shares during the last quarter. Diversified Trust Co boosted its stake in Walt Disney by 1.1% in the 1st quarter. Diversified Trust Co now owns 19,260 shares of the entertainment giant’s stock worth $1,901,000 after purchasing an additional 212 shares in the last quarter. Finally, Artemis Investment Management LLP purchased a new stake in Walt Disney during the 1st quarter worth approximately $10,305,000. 65.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on DIS. Needham & Company LLC reaffirmed a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Tuesday, September 23rd. Morgan Stanley boosted their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Wall Street Zen downgraded shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. UBS Group lifted their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $141.00 price objective on shares of Walt Disney in a report on Friday, October 17th. Nineteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $132.90.

Walt Disney Stock Down 1.2%

DIS opened at $111.64 on Friday. The company has a fifty day moving average of $114.64 and a two-hundred day moving average of $111.84. The stock has a market capitalization of $200.72 billion, a price-to-earnings ratio of 17.50, a PEG ratio of 1.46 and a beta of 1.54. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72.

Walt Disney (NYSE:DIS) last released its quarterly 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 company had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter in the prior year, the firm posted $1.39 EPS. Walt Disney’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, research analysts expect 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.