Nicolet Advisory Services LLC grew its stake in shares of Walt Disney Co (NYSE:DIS) by 4.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,193 shares of the entertainment giant’s stock after buying an additional 283 shares during the period. Nicolet Advisory Services LLC’s holdings in Walt Disney were worth $807,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of DIS. Marshall Wace LLP increased its holdings in shares of Walt Disney by 571.8% during the second quarter. Marshall Wace LLP now owns 1,168,468 shares of the entertainment giant’s stock valued at $163,166,000 after acquiring an additional 994,529 shares in the last quarter. Koshinski Asset Management Inc. increased its position in shares of Walt Disney by 6.4% during the 2nd quarter. Koshinski Asset Management Inc. now owns 11,115 shares of the entertainment giant’s stock valued at $1,552,000 after purchasing an additional 667 shares during the last quarter. Halbert Hargrove Russell LLC bought a new position in shares of Walt Disney during the 2nd quarter valued at approximately $599,000. Markel Corp increased its position in shares of Walt Disney by 0.9% during the 2nd quarter. Markel Corp now owns 1,823,000 shares of the entertainment giant’s stock valued at $254,564,000 after purchasing an additional 16,500 shares during the last quarter. Finally, Cramer Rosenthal Mcglynn LLC bought a new position in shares of Walt Disney during the 2nd quarter valued at approximately $15,573,000. 68.45% of the stock is currently owned by institutional investors.
A number of equities research analysts recently weighed in on DIS shares. Needham & Company LLC restated a “hold” rating on shares of Walt Disney in a research note on Friday, September 27th. ValuEngine lowered Walt Disney from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Moffett Nathanson set a $150.00 target price on Walt Disney and gave the company a “buy” rating in a research report on Wednesday, August 7th. Morgan Stanley set a $160.00 target price on Walt Disney and gave the company a “buy” rating in a research report on Friday, August 2nd. Finally, JPMorgan Chase & Co. set a $150.00 target price on Walt Disney and gave the company a “buy” rating in a research report on Wednesday, October 9th. Seven research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $151.31.
Shares of DIS stock traded down $0.36 during mid-day trading on Thursday, reaching $130.77. The stock had a trading volume of 911,906 shares, compared to its average volume of 7,181,495. The business’s fifty day moving average is $132.82 and its 200-day moving average is $135.55. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.38. The firm has a market cap of $238.50 billion, a price-to-earnings ratio of 18.47, a PEG ratio of 4.44 and a beta of 0.96. Walt Disney Co has a 1-year low of $100.35 and a 1-year high of $147.15.
Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 6th. The entertainment giant reported $1.35 earnings per share for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.41). The firm had revenue of $20.25 billion during the quarter, compared to analyst estimates of $21.40 billion. Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. The firm’s revenue for the quarter was up 32.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.87 earnings per share. On average, analysts forecast that Walt Disney Co will post 5.74 earnings per share for the current year.
Walt Disney Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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