Invictus Private Wealth LLC Acquires 15,326 Shares of The Walt Disney Company $DIS

Invictus Private Wealth LLC increased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 21.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 87,932 shares of the entertainment giant’s stock after purchasing an additional 15,326 shares during the period. Walt Disney accounts for approximately 0.7% of Invictus Private Wealth LLC’s holdings, making the stock its 22nd largest position. Invictus Private Wealth LLC’s holdings in Walt Disney were worth $10,904,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. J. Safra Sarasin Holding AG boosted its holdings in shares of Walt Disney by 8.1% during the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock worth $21,983,000 after acquiring an additional 16,781 shares during the period. Planning Directions Inc. bought a new stake in shares of Walt Disney during the first quarter worth approximately $326,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Walt Disney during the second quarter worth approximately $4,220,599,000. Wedge Capital Management L L P NC boosted its holdings in shares of Walt Disney by 8,744.0% during the second quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock worth $39,724,000 after acquiring an additional 316,707 shares during the period. Finally, WoodTrust Financial Corp boosted its holdings in shares of Walt Disney by 6.7% during the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock worth $9,491,000 after acquiring an additional 6,047 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 1.6%

Shares of NYSE:DIS opened at $109.17 on Friday. The company has a fifty day moving average of $115.36 and a 200-day moving average of $110.34. The company has a market capitalization of $196.27 billion, a PE ratio of 17.11, a price-to-earnings-growth ratio of 1.46 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

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. 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 company’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.39 earnings per share. On average, equities analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Rosenblatt Securities boosted their price target on Walt Disney from $140.00 to $141.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Susquehanna restated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. JPMorgan Chase & Co. boosted their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. 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. Finally, Jefferies Financial Group downgraded shares of Walt Disney from a “strong-buy” rating to a “hold” rating 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.