Wealthcare Advisory Partners LLC Has $3.22 Million Stock Position in The Walt Disney Company $DIS

Wealthcare Advisory Partners LLC decreased its stake in The Walt Disney Company (NYSE:DIS) by 18.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,992 shares of the entertainment giant’s stock after selling 5,960 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Walt Disney were worth $3,223,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Walt Disney by 1.6% in the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after acquiring an additional 2,446,087 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in Walt Disney in the second quarter worth about $4,220,599,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Walt Disney by 9.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant’s stock worth $1,826,930,000 after acquiring an additional 1,642,907 shares during the period. Bank of New York Mellon Corp raised its position in Walt Disney by 4.2% in the first quarter. Bank of New York Mellon Corp now owns 17,821,361 shares of the entertainment giant’s stock worth $1,758,968,000 after acquiring an additional 717,066 shares during the period. Finally, Amundi raised its position in Walt Disney by 11.4% in the first quarter. Amundi now owns 14,882,195 shares of the entertainment giant’s stock worth $1,468,873,000 after acquiring an additional 1,520,513 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Walt Disney stock opened at $112.49 on Monday. The firm’s 50 day simple moving average is $116.12 and its 200 day simple moving average is $110.10. 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 firm has a market capitalization 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 Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69.

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on DIS shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Walt Disney in a research report on Saturday, September 27th. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Citigroup boosted their price target on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, July 9th. Barclays boosted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Finally, Stephens reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Walt Disney has an average rating of “Moderate Buy” and an average 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.