Cladis Investment Advisory LLC Has $1.77 Million Stock Position in The Walt Disney Company $DIS

Cladis Investment Advisory LLC grew its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,960 shares of the entertainment giant’s stock after buying an additional 346 shares during the quarter. Walt Disney makes up 1.3% of Cladis Investment Advisory LLC’s holdings, making the stock its 19th biggest holding. Cladis Investment Advisory LLC’s holdings in Walt Disney were worth $1,773,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of DIS. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Walt Disney during the first quarter worth $26,000. Mpwm Advisory Solutions LLC acquired a new position in shares of Walt Disney during the fourth quarter worth $27,000. Kessler Investment Group LLC increased its holdings in shares of Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after buying an additional 200 shares in the last quarter. Copia Wealth Management acquired a new position in shares of Walt Disney during the fourth quarter worth $36,000. Finally, Vermillion Wealth Management Inc. acquired a new position in shares of Walt Disney during the fourth quarter worth $39,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on DIS shares. UBS Group upped their price target on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. Citigroup boosted their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Morgan Stanley boosted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Raymond James Financial reissued a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Thursday, August 7th. Eight equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Stock Performance

NYSE DIS opened at $115.36 on Monday. The company has a fifty day simple moving average of $119.33 and a 200 day simple moving average of $108.06. The Walt Disney Company has a 12-month low of $80.10 and a 12-month 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 company has a market cap of $207.41 billion, a P/E ratio of 18.08, a PEG ratio of 1.67 and a beta of 1.56.

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

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.