Roundview Capital LLC Has $2.41 Million Stock Position in The Walt Disney Company $DIS

Roundview Capital LLC reduced its stake in The Walt Disney Company (NYSE:DIS) by 13.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,435 shares of the entertainment giant’s stock after selling 3,094 shares during the quarter. Roundview Capital LLC’s holdings in Walt Disney were worth $2,410,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sunbeam Capital Management LLC bought a new stake in Walt Disney in the second quarter worth approximately $202,000. CFM Wealth Partners LLC increased its holdings in Walt Disney by 11.7% in the second quarter. CFM Wealth Partners LLC now owns 2,731 shares of the entertainment giant’s stock worth $339,000 after purchasing an additional 285 shares in the last quarter. KLP Kapitalforvaltning AS increased its holdings in Walt Disney by 2.7% in the second quarter. KLP Kapitalforvaltning AS now owns 730,912 shares of the entertainment giant’s stock worth $90,951,000 after purchasing an additional 19,100 shares in the last quarter. RMG Wealth Management LLC bought a new stake in Walt Disney in the second quarter worth approximately $49,000. Finally, Roberts Wealth Advisors LLC increased its holdings in Walt Disney by 1.9% in the second quarter. Roberts Wealth Advisors LLC now owns 48,521 shares of the entertainment giant’s stock worth $6,017,000 after purchasing an additional 899 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Trading Down 0.2%

Shares of Walt Disney stock opened at $112.54 on Wednesday. The stock has a fifty day simple moving average of $115.82 and a 200 day simple moving average of $110.21. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a market capitalization of $202.33 billion, a P/E ratio of 17.64, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the prior year, the company posted $1.39 earnings per share. Walt Disney’s revenue was up 2.1% compared to the same quarter last year. On average, sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on DIS shares. Guggenheim lifted their target price on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, June 27th. 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 report on Tuesday, July 29th. Jefferies Financial Group downgraded Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Wall Street Zen downgraded Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Finally, Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.