International Assets Investment Management LLC Buys 1,031 Shares of The Walt Disney Company (NYSE:DIS)

International Assets Investment Management LLC grew its stake in shares of The Walt Disney Company (NYSE:DIS) by 3.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,028 shares of the entertainment giant’s stock after buying an additional 1,031 shares during the period. International Assets Investment Management LLC’s holdings in Walt Disney were worth $3,359,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Pacific Sage Partners LLC lifted its holdings in shares of Walt Disney by 4.8% during the 1st quarter. Pacific Sage Partners LLC now owns 4,984 shares of the entertainment giant’s stock valued at $492,000 after purchasing an additional 230 shares in the last quarter. Family Legacy Inc. raised its position in Walt Disney by 0.9% in the 1st quarter. Family Legacy Inc. now owns 14,232 shares of the entertainment giant’s stock valued at $1,405,000 after buying an additional 123 shares during the last quarter. Kirr Marbach & Co. LLC IN raised its position in Walt Disney by 0.8% in the 1st quarter. Kirr Marbach & Co. LLC IN now owns 33,781 shares of the entertainment giant’s stock valued at $3,334,000 after buying an additional 273 shares during the last quarter. Keudell Morrison Wealth Management raised its position in Walt Disney by 35.5% in the 1st quarter. Keudell Morrison Wealth Management now owns 3,679 shares of the entertainment giant’s stock valued at $363,000 after buying an additional 963 shares during the last quarter. Finally, WoodTrust Financial Corp raised its position in Walt Disney by 6.7% in the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock valued at $9,491,000 after buying an additional 6,047 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on DIS. Wolfe Research raised Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target on the stock in a research report on Monday, April 21st. UBS Group boosted their price target on Walt Disney from $105.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, May 8th. Morgan Stanley boosted their price target on Walt Disney from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, May 8th. Guggenheim lowered their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, May 8th. Finally, Loop Capital lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, June 10th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $123.96.

Walt Disney Trading Up 0.1%

NYSE DIS opened at $117.76 on Tuesday. The business’s 50-day moving average price is $105.35 and its two-hundred day moving average price is $105.74. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $120.50. The firm has a market capitalization of $211.70 billion, a PE ratio of 24.08, a price-to-earnings-growth ratio of 1.72 and a beta of 1.54. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34.

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 9.99% and a net margin of 9.47%. The firm had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same quarter in the previous year, the company posted $1.21 EPS. The business’s revenue was up 7.0% on a year-over-year basis. On average, analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the sale, the executive vice president now owns 46,831 shares of the company’s stock, 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 document filed with the SEC, which is available at the SEC website. 0.16% of the stock is currently owned by insiders.

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.