Paradigm Asset Management Co. LLC Grows Stock Holdings in The Walt Disney Company $DIS

Paradigm Asset Management Co. LLC grew its stake in shares of The Walt Disney Company (NYSE:DIS) by 4.8% in the second quarter, Holdings Channel.com reports. The fund owned 21,700 shares of the entertainment giant’s stock after purchasing an additional 1,000 shares during the period. Walt Disney makes up about 0.7% of Paradigm Asset Management Co. LLC’s holdings, making the stock its 24th largest holding. Paradigm Asset Management Co. LLC’s holdings in Walt Disney were worth $2,691,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares in the last quarter. Stonebrook Private Inc. raised its holdings in Walt Disney by 12.0% in the 1st quarter. Stonebrook Private Inc. now owns 2,200 shares of the entertainment giant’s stock valued at $217,000 after acquiring an additional 236 shares during the last quarter. Alps Advisors Inc. lifted its stake in shares of Walt Disney by 135.7% during the 1st quarter. Alps Advisors Inc. now owns 8,849 shares of the entertainment giant’s stock worth $873,000 after purchasing an additional 5,095 shares during the period. Cerity Partners LLC grew its position in shares of Walt Disney by 11.7% in the first quarter. Cerity Partners LLC now owns 1,122,567 shares of the entertainment giant’s stock valued at $110,797,000 after purchasing an additional 117,559 shares during the period. Finally, MJP Associates Inc. ADV boosted its stake in Walt Disney by 3.2% in the 1st quarter. MJP Associates Inc. ADV now owns 7,543 shares of the entertainment giant’s stock worth $745,000 after buying an additional 237 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Trading Up 0.3%

NYSE:DIS opened at $110.80 on Friday. The company has a market cap of $199.21 billion, a PE ratio of 17.37, a P/E/G ratio of 1.45 and a beta of 1.55. The business’s 50 day moving average is $113.45 and its two-hundred day moving average is $113.62. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) 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 return on equity of 9.67% and a net margin of 12.22%.The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period last year, the business posted $1.39 earnings per share. On average, analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

DIS has been the topic of a number of recent analyst reports. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Walt Disney in a research report on Wednesday, October 8th. Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Arete Research raised shares of Walt Disney to a “strong sell” rating in a research report on Tuesday, October 28th. Nineteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $132.90.

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.