Wealth Advisory Solutions LLC Sells 592 Shares of The Walt Disney Company $DIS

Wealth Advisory Solutions LLC trimmed its holdings in The Walt Disney Company (NYSE:DIS) by 9.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,934 shares of the entertainment giant’s stock after selling 592 shares during the quarter. Wealth Advisory Solutions LLC’s holdings in Walt Disney were worth $736,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. J. Safra Sarasin Holding AG boosted its position in shares of Walt Disney by 8.1% in the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock valued at $21,983,000 after acquiring an additional 16,781 shares during the period. Planning Directions Inc. bought a new stake in shares of Walt Disney in the first quarter valued at approximately $326,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Walt Disney in the second quarter valued at approximately $4,220,599,000. Wedge Capital Management L L P NC lifted its position in Walt Disney by 8,744.0% in the second quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock worth $39,724,000 after purchasing an additional 316,707 shares during the period. Finally, WoodTrust Financial Corp lifted its position in Walt Disney by 6.7% in the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock worth $9,491,000 after purchasing an additional 6,047 shares during the period. 65.71% of the stock is owned by institutional investors.

Walt Disney Price Performance

Shares of DIS stock opened at $112.44 on Tuesday. The stock has a 50-day moving average price of $117.56 and a 200 day moving average price of $109.22. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The firm has a market cap of $202.16 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 1.65 and a beta of 1.55. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company’s revenue was up 2.1% on a year-over-year basis. During the same period last year, the company earned $1.39 earnings per share. Research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on DIS. Evercore ISI raised their target price on Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, August 4th. Rosenblatt Securities raised their target price on Walt Disney from $140.00 to $141.00 and gave the stock a “buy” rating in a research report on Monday, August 11th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Citigroup raised their target price on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.18.

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.