1,982 Shares in The Walt Disney Company $DIS Bought by Triton Wealth Management PLLC

Triton Wealth Management PLLC acquired a new stake in The Walt Disney Company (NYSE:DIS) in the second quarter, Holdings Channel reports. The firm acquired 1,982 shares of the entertainment giant’s stock, valued at approximately $242,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC acquired a new stake in Walt Disney during the 2nd quarter valued at approximately $4,220,599,000. Nuveen LLC bought a new stake in shares of Walt Disney in the 1st quarter valued at $1,353,607,000. Diamond Hill Capital Management Inc. boosted its stake in shares of Walt Disney by 1,080.7% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock valued at $277,993,000 after purchasing an additional 2,578,004 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Walt Disney by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock valued at $15,383,615,000 after purchasing an additional 2,446,087 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Walt Disney by 9.7% during 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 buying an additional 1,642,907 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Trading Up 0.8%

NYSE:DIS opened at $111.12 on Wednesday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The stock’s fifty day moving average price is $115.03 and its two-hundred day moving average price is $110.57. 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 company has a market cap of $199.79 billion, a P/E ratio of 17.42, a P/E/G ratio of 1.45 and a beta of 1.54.

Walt Disney (NYSE:DIS) last released 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. The company had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.39 EPS. As a group, analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Jefferies Financial Group lowered shares of 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 research note on Friday, October 3rd. Susquehanna restated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Evercore ISI raised their target price on Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, August 4th. Finally, Raymond James Financial reissued a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus 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.