Knights of Columbus Asset Advisors LLC Decreases Position in The Walt Disney Company $DIS

Knights of Columbus Asset Advisors LLC decreased its position in The Walt Disney Company (NYSE:DIS) by 15.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 114,058 shares of the entertainment giant’s stock after selling 20,071 shares during the period. Walt Disney comprises approximately 0.9% of Knights of Columbus Asset Advisors LLC’s portfolio, making the stock its 24th biggest holding. Knights of Columbus Asset Advisors LLC’s holdings in Walt Disney were worth $14,144,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in DIS. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Walt Disney during the 1st quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. grew its holdings in Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after buying an additional 94 shares during the last quarter. Kessler Investment Group LLC increased its position in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after buying an additional 200 shares in the last quarter. First PREMIER Bank increased 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 buying an additional 205 shares in the last quarter. Finally, Capitol Family Office Inc. acquired a new position in shares of Walt Disney in the first quarter worth $52,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on DIS shares. Needham & Company LLC reiterated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Tuesday, September 23rd. Morgan Stanley boosted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Loop Capital raised their target price on shares of 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 reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Citigroup increased their price target on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Stock Up 0.3%

Shares of DIS opened at $112.49 on Monday. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The company’s fifty day moving average is $116.12 and its two-hundred day moving average is $110.10. The firm has a market cap of $202.25 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32.

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

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.