DiNuzzo Private Wealth Inc. Has $26,000 Position in The Walt Disney Company $DIS

DiNuzzo Private Wealth Inc. grew its holdings in The Walt Disney Company (NYSE:DIS) by 82.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 208 shares of the entertainment giant’s stock after purchasing an additional 94 shares during the quarter. DiNuzzo Private Wealth Inc.’s holdings in Walt Disney were worth $26,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Physician Wealth Advisors Inc. grew its position in Walt Disney by 3.5% during the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after buying an additional 87 shares in the last quarter. Bruce G. Allen Investments LLC grew its position in Walt Disney by 9.1% during the second quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock worth $139,000 after buying an additional 94 shares in the last quarter. Clearstead Trust LLC grew its position in Walt Disney by 0.6% during the first quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock worth $1,629,000 after buying an additional 99 shares in the last quarter. Aspen Investment Management Inc grew its position in Walt Disney by 3.5% during the first quarter. Aspen Investment Management Inc now owns 2,938 shares of the entertainment giant’s stock worth $290,000 after buying an additional 100 shares in the last quarter. Finally, Hemington Wealth Management grew its position in Walt Disney by 1.9% during the first quarter. Hemington Wealth Management now owns 5,628 shares of the entertainment giant’s stock worth $555,000 after buying an additional 105 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Performance

NYSE:DIS opened at $114.78 on Tuesday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The firm has a 50 day moving average of $116.83 and a 200-day moving average of $109.72. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $206.37 billion, a P/E ratio of 17.99, a price-to-earnings-growth ratio of 1.64 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 analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter in the previous year, the company posted $1.39 earnings per share. Walt Disney’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. 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 report on Tuesday, June 10th. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. JPMorgan Chase & Co. lifted their target price on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Jefferies Financial Group cut shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Finally, Evercore ISI raised their price target on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, August 4th. Nineteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.

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.