Schnieders Capital Management LLC Raises Stock Holdings in The Walt Disney Company $DIS

Schnieders Capital Management LLC lifted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 16.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,955 shares of the entertainment giant’s stock after acquiring an additional 2,503 shares during the quarter. Schnieders Capital Management LLC’s holdings in Walt Disney were worth $2,227,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. DiNuzzo Private Wealth Inc. increased its position in shares of Walt Disney by 82.5% during the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after acquiring an additional 94 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Walt Disney in the first quarter worth $26,000. Kessler Investment Group LLC increased its position in Walt Disney by 274.0% in the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after buying an additional 200 shares during the last quarter. Harbor Asset Planning Inc. purchased a new stake in Walt Disney in the second quarter worth $37,000. Finally, RMG Wealth Management LLC purchased a new stake in Walt Disney in the second quarter worth $49,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DIS. Needham & Company LLC reissued a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research report on Tuesday, September 23rd. Morgan Stanley raised 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. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Barclays raised their target price on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Finally, JPMorgan Chase & Co. raised their target price on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Nineteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $132.90.

Walt Disney Price Performance

Walt Disney stock opened at $110.69 on Monday. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The business has a fifty day moving average price of $114.86 and a 200-day moving average price of $110.99. 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 firm has a market capitalization of $199.00 billion, a P/E ratio of 17.35, a PEG ratio of 1.45 and a beta of 1.54.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping 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 firm had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same period last year, the company earned $1.39 earnings per share. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. As a group, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

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.