Cohen Investment Advisors LLC Buys 1,649 Shares of The Walt Disney Company $DIS

Cohen Investment Advisors LLC raised its stake in shares of The Walt Disney Company (NYSE:DIS) by 7.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 25,122 shares of the entertainment giant’s stock after purchasing an additional 1,649 shares during the period. Walt Disney accounts for about 1.6% of Cohen Investment Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Cohen Investment Advisors LLC’s holdings in Walt Disney were worth $3,115,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in DIS. Brighton Jones LLC lifted its position in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after acquiring an additional 1,904 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Walt Disney by 8.1% in the first quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock valued at $2,451,000 after acquiring an additional 1,856 shares in the last quarter. Simplicity Wealth LLC lifted its position in shares of Walt Disney by 252.6% in the first quarter. Simplicity Wealth LLC now owns 17,138 shares of the entertainment giant’s stock valued at $1,691,000 after acquiring an additional 12,278 shares in the last quarter. Fiduciary Financial Group LLC lifted its position in shares of Walt Disney by 45.2% in the first quarter. Fiduciary Financial Group LLC now owns 4,032 shares of the entertainment giant’s stock valued at $398,000 after acquiring an additional 1,255 shares in the last quarter. Finally, Integrated Advisors Network LLC lifted its position in shares of Walt Disney by 0.7% in the first quarter. Integrated Advisors Network LLC now owns 21,228 shares of the entertainment giant’s stock valued at $2,095,000 after acquiring an additional 139 shares in the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Trading Down 0.6%

Shares of DIS stock opened at $111.83 on Thursday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The stock’s 50 day simple moving average is $115.67 and its two-hundred day simple moving average is $110.22. The company has a market cap of $201.06 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data 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 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 the consensus estimate of $23.69 billion. During the same period in the prior year, the business posted $1.39 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on DIS. Morgan Stanley boosted their target price on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Stephens reiterated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Rosenblatt Securities boosted 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of Walt Disney in a research report on Wednesday. Finally, Guggenheim boosted their target price on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, June 27th. Nineteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently 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.