LifeWealth Investments LLC Has $964,000 Stock Position in The Walt Disney Company $DIS

LifeWealth Investments LLC grew its position in shares of The Walt Disney Company (NYSE:DIS) by 14.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,772 shares of the entertainment giant’s stock after acquiring an additional 961 shares during the quarter. LifeWealth Investments LLC’s holdings in Walt Disney were worth $964,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Paragon Financial Partners Inc. bought a new stake in shares of Walt Disney during the 2nd quarter worth approximately $248,000. Forum Financial Management LP raised its stake in shares of Walt Disney by 4.9% during the 2nd quarter. Forum Financial Management LP now owns 34,355 shares of the entertainment giant’s stock worth $4,260,000 after purchasing an additional 1,610 shares in the last quarter. Ethic Inc. raised its stake in shares of Walt Disney by 3.0% during the 2nd quarter. Ethic Inc. now owns 199,309 shares of the entertainment giant’s stock worth $24,383,000 after purchasing an additional 5,860 shares in the last quarter. Meadow Creek Wealth Advisors LLC raised its stake in shares of Walt Disney by 19.9% during the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,881 shares of the entertainment giant’s stock worth $357,000 after purchasing an additional 479 shares in the last quarter. Finally, Caliber Wealth Management LLC KS raised its stake in shares of Walt Disney by 16.7% during the 2nd quarter. Caliber Wealth Management LLC KS now owns 11,923 shares of the entertainment giant’s stock worth $1,479,000 after purchasing an additional 1,705 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 1.1%

DIS stock opened at $113.00 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The stock has a market capitalization of $203.16 billion, a price-to-earnings ratio of 17.71, a PEG ratio of 1.50 and a beta of 1.54. The business’s fifty day moving average price is $114.78 and its two-hundred day moving average price is $111.22. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69.

Walt Disney (NYSE:DIS) last issued its quarterly 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. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion for the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter last year, the business earned $1.39 earnings per share. Walt Disney’s revenue was up 2.1% on a year-over-year basis. On average, equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DIS. Citigroup raised their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. UBS Group raised their price target on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Barclays raised their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Finally, Jefferies Financial Group downgraded Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Walt Disney presently has a consensus 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.