Congress Park Capital LLC Boosts Holdings in The Walt Disney Company $DIS

Congress Park Capital LLC boosted its stake in The Walt Disney Company (NYSE:DIS) by 1.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,184 shares of the entertainment giant’s stock after purchasing an additional 150 shares during the period. Congress Park Capital LLC’s holdings in Walt Disney were worth $1,015,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of DIS. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Walt Disney in the first quarter worth $26,000. Kessler Investment Group LLC increased its holdings in Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Copia Wealth Management bought a new stake in Walt Disney in the 4th quarter valued at about $36,000. Vermillion Wealth Management Inc. purchased a new stake in Walt Disney during the fourth quarter valued at about $39,000. Finally, First PREMIER Bank boosted its position in Walt Disney by 72.2% during the first quarter. First PREMIER Bank now owns 489 shares of the entertainment giant’s stock worth $48,000 after purchasing an additional 205 shares during the period. 65.71% of the stock is owned by institutional investors.

Walt Disney Trading Down 1.0%

DIS opened at $113.71 on Friday. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The business has a 50 day simple moving average of $117.71 and a two-hundred day simple moving average of $109.15. The firm has a market capitalization of $204.44 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 1.65 and a beta of 1.55.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. The firm had revenue of $23.65 billion for the quarter, compared to analysts’ expectations of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business’s revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.39 earnings per share. Analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently commented on DIS. Evercore ISI upped their price target on shares of Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, August 4th. Needham & Company LLC restated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research report on Thursday, September 4th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Citigroup boosted their price objective on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. Finally, UBS Group lifted their target price on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price 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.