Warren Street Wealth Advisors LLC Raises Holdings in The Walt Disney Company (NYSE:DIS)

Warren Street Wealth Advisors LLC lifted its holdings in The Walt Disney Company (NYSE:DIS) by 35.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,700 shares of the entertainment giant’s stock after acquiring an additional 703 shares during the period. Warren Street Wealth Advisors LLC’s holdings in Walt Disney were worth $266,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings 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 valued at $2,980,000 after purchasing an additional 1,904 shares during the period. Trust Point Inc. raised its position in shares of Walt Disney by 4.5% during the 4th quarter. Trust Point Inc. now owns 7,859 shares of the entertainment giant’s stock worth $875,000 after purchasing an additional 341 shares during the last quarter. Bank Hapoalim BM raised its position in shares of Walt Disney by 2.2% in the fourth quarter. Bank Hapoalim BM now owns 4,539 shares of the entertainment giant’s stock valued at $505,000 after buying an additional 96 shares during the last quarter. Tanager Wealth Management LLP purchased a new position in Walt Disney in the 4th quarter worth approximately $235,000. Finally, CarsonAllaria Wealth Management Ltd. increased its stake in shares of Walt Disney by 17.7% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 985 shares of the entertainment giant’s stock worth $110,000 after acquiring an additional 148 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

DIS has been the subject of several research analyst reports. Barclays raised their price target on Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, May 8th. Morgan Stanley boosted their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, May 8th. Loop Capital boosted their price objective on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Rosenblatt Securities raised their price target on Walt Disney from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Wolfe Research raised shares of Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 target price on the stock in a report on Monday, April 21st. Six investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $123.75.

Insiders Place Their Bets

In other news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the sale, the executive vice president now owns 46,831 shares in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Trading Down 0.1%

DIS opened at $113.54 on Thursday. The company has a fifty day moving average of $97.87 and a 200-day moving average of $105.75. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock has a market cap of $204.12 billion, a PE ratio of 36.98, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The business had revenue of $23.62 billion during the quarter, compared to analyst estimates of $23.15 billion. During the same period in the prior year, the firm posted $1.21 EPS. Walt Disney’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

About Walt Disney

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.