Advisory Alpha LLC Has $963,000 Stake in The Walt Disney Company $DIS

Advisory Alpha LLC lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 5.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 7,766 shares of the entertainment giant’s stock after buying an additional 376 shares during the period. Advisory Alpha LLC’s holdings in Walt Disney were worth $963,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Stephens reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. UBS Group raised their price objective on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Finally, Jefferies Financial Group cut Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Nineteen research 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 has a consensus rating of “Moderate Buy” and an average target price of $132.90.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $111.71 on Wednesday. The stock has a market cap of $200.85 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.47 and a beta of 1.54. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $114.47 and its two-hundred day simple moving average is $112.32.

Walt Disney (NYSE:DIS) last released its 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. The company had revenue of $23.65 billion for the quarter, compared to analysts’ expectations of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business’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 business posted $1.39 EPS. As a group, analysts forecast that The Walt Disney Company will post 5.47 EPS 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.