Brookwood Investment Group LLC Boosts Stock Position in The Walt Disney Company $DIS

Brookwood Investment Group LLC boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 25.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,562 shares of the entertainment giant’s stock after acquiring an additional 1,535 shares during the quarter. Brookwood Investment Group LLC’s holdings in Walt Disney were worth $938,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Walt Disney by 1.6% during 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 acquiring an additional 2,446,087 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in Walt Disney during the 2nd quarter valued at $4,220,599,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Walt Disney by 9.7% during the 1st 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 valued at $1,826,930,000 after acquiring an additional 1,642,907 shares during the period. Bank of New York Mellon Corp boosted its holdings in Walt Disney by 4.2% during the 1st quarter. Bank of New York Mellon Corp now owns 17,821,361 shares of the entertainment giant’s stock valued at $1,758,968,000 after acquiring an additional 717,066 shares during the period. Finally, Amundi boosted its holdings in Walt Disney by 11.4% during the 1st quarter. Amundi now owns 14,882,195 shares of the entertainment giant’s stock valued at $1,468,873,000 after acquiring an additional 1,520,513 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on DIS shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Walt Disney in a research report on Wednesday, October 8th. Jefferies Financial Group lowered Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Evercore ISI lifted their target price on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Barclays lifted their target price on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, July 9th. Nineteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and an average price target of $132.90.

Walt Disney Trading Up 0.5%

Shares of NYSE:DIS opened at $112.28 on Tuesday. The business’s 50-day moving average is $114.56 and its 200 day moving average is $112.13. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The firm has a market capitalization of $201.87 billion, a P/E ratio of 17.60, a P/E/G ratio of 1.46 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same period in the prior year, the company posted $1.39 EPS. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.