Mendel Money Management Makes New Investment in Walt Disney Co (NYSE:DIS)

Mendel Money Management acquired a new position in shares of Walt Disney Co (NYSE:DIS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,728 shares of the entertainment giant’s stock, valued at approximately $2,311,000. Walt Disney accounts for approximately 2.0% of Mendel Money Management’s portfolio, making the stock its 21st largest position.

A number of other institutional investors also recently bought and sold shares of DIS. Stillwater Investment Management LLC lifted its position in shares of Walt Disney by 5.8% in the 1st quarter. Stillwater Investment Management LLC now owns 19,386 shares of the entertainment giant’s stock worth $1,873,000 after purchasing an additional 1,058 shares during the period. Wiley BROS. Aintree Capital LLC grew its position in Walt Disney by 43.9% during the first quarter. Wiley BROS. Aintree Capital LLC now owns 4,060 shares of the entertainment giant’s stock valued at $392,000 after buying an additional 1,238 shares during the period. Gantzert Investment Co. LLC ADV grew its position in Walt Disney by 1.6% during the first quarter. Gantzert Investment Co. LLC ADV now owns 19,275 shares of the entertainment giant’s stock valued at $1,862,000 after buying an additional 305 shares during the period. Global Trust Asset Management LLC grew its position in Walt Disney by 111.6% during the first quarter. Global Trust Asset Management LLC now owns 4,418 shares of the entertainment giant’s stock valued at $441,000 after buying an additional 2,330 shares during the period. Finally, Foundations Investment Advisors LLC grew its position in Walt Disney by 13.8% during the first quarter. Foundations Investment Advisors LLC now owns 2,126 shares of the entertainment giant’s stock valued at $202,000 after buying an additional 257 shares during the period. Hedge funds and other institutional investors own 62.66% of the company’s stock.

Shares of DIS stock opened at $116.94 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.89 and a current ratio of 0.94. The stock has a market capitalization of $208.91 billion, a P/E ratio of 25.42, a price-to-earnings-growth ratio of 13.36 and a beta of 1.10. The company has a 50 day moving average price of $115.68 and a 200 day moving average price of $117.27. Walt Disney Co has a fifty-two week low of $79.07 and a fifty-two week high of $153.41.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The business had revenue of $18.01 billion during the quarter, compared to analyst estimates of $17.49 billion. During the same quarter last year, the firm posted $1.61 EPS. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. On average, research analysts forecast that Walt Disney Co will post 1.38 EPS for the current fiscal year.

Several analysts recently commented on DIS shares. UBS Group restated a “hold” rating and set a $126.00 price target on shares of Walt Disney in a research report on Thursday, June 25th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Walt Disney in a report on Friday, May 8th. Consumer Edge downgraded shares of Walt Disney from an “overweight” rating to an “equal weight” rating and set a $125.00 price objective on the stock. in a report on Tuesday, June 9th. Rosenblatt Securities reaffirmed a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a report on Wednesday, May 6th. Finally, SunTrust Banks increased their price objective on shares of Walt Disney from $110.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, April 14th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and thirteen have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $125.35.

Walt Disney Company 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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