Carl P. Sherr & Co. LLC Buys 615 Shares of Walt Disney Co (NYSE:DIS)

Carl P. Sherr & Co. LLC increased its stake in shares of Walt Disney Co (NYSE:DIS) by 3.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,345 shares of the entertainment giant’s stock after buying an additional 615 shares during the quarter. Walt Disney comprises approximately 2.1% of Carl P. Sherr & Co. LLC’s investment portfolio, making the stock its 10th biggest position. Carl P. Sherr & Co. LLC’s holdings in Walt Disney were worth $2,157,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of DIS. TD Capital Management LLC acquired a new stake in shares of Walt Disney in the 1st quarter valued at $29,000. Carolina Wealth Advisors LLC boosted its holdings in shares of Walt Disney by 53.3% in the 1st quarter. Carolina Wealth Advisors LLC now owns 328 shares of the entertainment giant’s stock valued at $32,000 after purchasing an additional 114 shares in the last quarter. Sofos Investments Inc. boosted its holdings in shares of Walt Disney by 238.5% during the 1st quarter. Sofos Investments Inc. now owns 1,300 shares of the entertainment giant’s stock valued at $33,000 after acquiring an additional 916 shares in the last quarter. Marquette Asset Management LLC boosted its holdings in shares of Walt Disney by 3,500.0% during the 1st quarter. Marquette Asset Management LLC now owns 360 shares of the entertainment giant’s stock valued at $35,000 after acquiring an additional 350 shares in the last quarter. Finally, Horan Securities Inc. acquired a new stake in shares of Walt Disney during the 1st quarter valued at $36,000. 62.66% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently weighed in on the company. Imperial Capital reissued a “sell” rating and set a $105.00 price objective on shares of Walt Disney in a report on Monday, June 22nd. Loop Capital lowered Walt Disney from a “buy” rating to a “hold” rating and set a $120.00 target price for the company. in a research report on Tuesday, May 19th. Citigroup lowered their target price on Walt Disney from $161.00 to $135.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Macquarie reaffirmed a “buy” rating and set a $140.00 target price on shares of Walt Disney in a research report on Friday, June 19th. Finally, Sanford C. Bernstein lowered their target price on Walt Disney from $100.00 to $96.00 and set a “market perform” rating for the company in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and thirteen have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $125.35.

Shares of Walt Disney stock opened at $116.94 on Friday. Walt Disney Co has a one year low of $79.07 and a one year high of $153.41. The firm has a market capitalization of $208.91 billion, a price-to-earnings ratio of 25.42, a PEG ratio of 13.36 and a beta of 1.10. The business has a 50-day simple moving average of $115.68 and a 200 day simple moving average of $117.27. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.89.

Walt Disney (NYSE:DIS) last issued its earnings results on Tuesday, May 5th. The entertainment giant reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). The firm had revenue of $18.01 billion during the quarter, compared to the consensus estimate of $17.49 billion. Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The business’s quarterly revenue was up 20.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.61 earnings per share. On average, sell-side analysts expect that Walt Disney Co will post 1.38 EPS 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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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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