Koshinski Asset Management Inc. Acquires 117 Shares of The Walt Disney Company $DIS

Koshinski Asset Management Inc. boosted its holdings in The Walt Disney Company (NYSE:DIS) by 0.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,145 shares of the entertainment giant’s stock after acquiring an additional 117 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Walt Disney were worth $4,854,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. lifted its position in Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after acquiring an additional 94 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Walt Disney during the 1st quarter valued at $26,000. Kessler Investment Group LLC raised its stake in Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock valued at $27,000 after buying an additional 200 shares during the last quarter. Harbor Asset Planning Inc. purchased a new stake in Walt Disney during the 2nd quarter valued at $37,000. Finally, RMG Wealth Management LLC purchased a new stake in Walt Disney during the 2nd quarter valued at $49,000. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Up 0.7%

DIS opened at $110.69 on Friday. The firm has a 50-day simple moving average of $114.86 and a two-hundred day simple moving average of $110.75. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a market capitalization of $199.00 billion, a PE ratio of 17.35, a price-to-earnings-growth ratio of 1.44 and a beta of 1.54. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS 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 during the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the prior year, the firm earned $1.39 EPS. The business’s revenue was up 2.1% on a year-over-year basis. Analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have weighed in on DIS. Rosenblatt Securities reiterated a “buy” rating and set a $141.00 target price on shares of Walt Disney in a research note on Friday. Stephens reiterated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Finally, Susquehanna reiterated a “neutral” rating on shares of Walt Disney 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.