Redwood Park Advisors LLC Sells 100 Shares of The Walt Disney Company $DIS

Redwood Park Advisors LLC reduced its holdings in The Walt Disney Company (NYSE:DIS) by 21.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 375 shares of the entertainment giant’s stock after selling 100 shares during the period. Redwood Park Advisors LLC’s holdings in Walt Disney were worth $47,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Kondo Wealth Advisors Inc. increased its holdings in shares of Walt Disney by 1.2% during the 2nd quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock worth $904,000 after purchasing an additional 84 shares during the period. Cornerstone Advisory LLC increased its stake in Walt Disney by 1.5% during the second quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock valued at $730,000 after acquiring an additional 86 shares during the period. Physician Wealth Advisors Inc. increased its stake in Walt Disney by 3.5% during the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock valued at $323,000 after acquiring an additional 87 shares during the period. Childress Capital Advisors LLC increased its stake in Walt Disney by 3.3% during the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after acquiring an additional 87 shares during the period. Finally, Apollon Financial LLC increased its stake in Walt Disney by 1.5% during the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after acquiring an additional 87 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Susquehanna restated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Stephens reissued a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Wall Street Zen lowered shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Raymond James Financial reissued a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Citigroup upped their target price on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. Nineteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and a consensus price target of $132.90.

Walt Disney Stock Up 0.5%

DIS opened at $112.28 on Tuesday. The firm’s 50-day simple moving average is $114.56 and its 200-day simple moving average is $112.13. 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 twelve month low of $80.10 and a twelve month high of $124.69. The firm has a market cap of $201.87 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 1.46 and a beta of 1.54.

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

About Walt Disney

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.