Argentarii LLC Makes New $258,000 Investment in The Walt Disney Company $DIS

Argentarii LLC acquired a new stake in The Walt Disney Company (NYSE:DIS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,084 shares of the entertainment giant’s stock, valued at approximately $258,000.

Several other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC lifted 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 worth $2,980,000 after buying an additional 1,904 shares in the last quarter. Vermillion Wealth Management Inc. bought a new stake in Walt Disney in the 4th quarter valued at $39,000. Ameriflex Group Inc. purchased a new stake in Walt Disney in the 4th quarter worth $233,000. Heck Capital Advisors LLC bought a new position in shares of Walt Disney during the 4th quarter valued at about $436,000. Finally, Sculati Wealth Management LLC grew its position in shares of Walt Disney by 0.9% during the fourth quarter. Sculati Wealth Management LLC now owns 18,801 shares of the entertainment giant’s stock valued at $2,093,000 after purchasing an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on DIS shares. Wall Street Zen downgraded Walt Disney from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 20th. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Loop Capital raised their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, June 10th. Citigroup boosted their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Finally, Stephens reiterated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Trading Down 1.2%

Shares of Walt Disney stock opened at $112.44 on Tuesday. The company has a market cap of $202.16 billion, a P/E ratio of 17.62, a price-to-earnings-growth ratio of 1.65 and a beta of 1.55. The firm has a 50-day simple moving average of $117.56 and a two-hundred day simple moving average of $109.22. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69.

Walt Disney (NYSE:DIS) last announced 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. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same quarter last year, the business earned $1.39 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.