Schrum Private Wealth Management LLC Has $284,000 Stock Position in The Walt Disney Company $DIS

Schrum Private Wealth Management LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DISFree Report) by 28.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,290 shares of the entertainment giant’s stock after selling 900 shares during the quarter. Schrum Private Wealth Management LLC’s holdings in Walt Disney were worth $284,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Brighton Jones LLC grew its stake in Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after buying an additional 1,904 shares during the last quarter. GAMMA Investing LLC lifted its position in Walt Disney by 8.1% during the 1st quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock worth $2,451,000 after acquiring an additional 1,856 shares during the last quarter. Simplicity Wealth LLC lifted its position in Walt Disney by 252.6% during the 1st quarter. Simplicity Wealth LLC now owns 17,138 shares of the entertainment giant’s stock worth $1,691,000 after acquiring an additional 12,278 shares during the last quarter. Fiduciary Financial Group LLC lifted its position in Walt Disney by 45.2% during the 1st quarter. Fiduciary Financial Group LLC now owns 4,032 shares of the entertainment giant’s stock worth $398,000 after acquiring an additional 1,255 shares during the last quarter. Finally, Integrated Advisors Network LLC lifted its position in Walt Disney by 0.7% during the 1st quarter. Integrated Advisors Network LLC now owns 21,228 shares of the entertainment giant’s stock worth $2,095,000 after acquiring an additional 139 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on DIS shares. Raymond James Financial reissued a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Guggenheim boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, June 27th. JPMorgan Chase & Co. boosted their target price on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Citigroup increased their price target on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. Nineteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Walt Disney has an average rating of “Moderate Buy” and an average price target of $131.18.

Check Out Our Latest Research Report on DIS

Walt Disney Price Performance

NYSE:DIS opened at $111.83 on Thursday. The company has a 50-day moving average of $115.67 and a 200-day moving average of $110.22. The company has a market capitalization of $201.06 billion, a price-to-earnings ratio of 17.53, a PEG ratio of 1.48 and a beta of 1.54. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72.

Walt Disney (NYSE:DISGet Free Report) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. The company had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the firm earned $1.39 EPS. As a group, equities research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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