Middleton & Co. Inc. MA Has $1.51 Million Stake in The Walt Disney Company $DIS

Middleton & Co. Inc. MA reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 15.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,200 shares of the entertainment giant’s stock after selling 2,225 shares during the period. Middleton & Co. Inc. MA’s holdings in Walt Disney were worth $1,513,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kondo Wealth Advisors Inc. raised its stake in shares of 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 buying an additional 84 shares in the last quarter. Cornerstone Advisory LLC increased its stake in shares of Walt Disney by 1.5% in the second quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock valued at $730,000 after buying an additional 86 shares in the last quarter. Physician Wealth Advisors Inc. raised its stake in shares of Walt Disney by 3.5% in the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after acquiring an additional 87 shares during the last quarter. Childress Capital Advisors LLC lifted its holdings in Walt Disney by 3.3% during the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock worth $341,000 after buying an additional 87 shares in the last quarter. Finally, Apollon Financial LLC lifted its stake in shares of 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. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Trading Down 0.9%

DIS opened at $110.38 on Friday. The company’s 50 day moving average is $113.61 and its 200-day moving average is $113.43. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a market cap of $198.45 billion, a P/E ratio of 17.30, a PEG ratio of 1.45 and a beta of 1.55. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last issued 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 business had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the business earned $1.39 EPS. Equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Rosenblatt Securities reaffirmed a “buy” rating and set a $141.00 target price on shares of Walt Disney in a report on Friday, October 17th. Morgan Stanley increased their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Needham & Company LLC restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research note on Tuesday, September 23rd. Jefferies Financial Group cut shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Finally, Stephens restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $132.90.

Walt Disney 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.