Ameritas Advisory Services LLC Buys 270 Shares of The Walt Disney Company (NYSE:DIS)

Ameritas Advisory Services LLC boosted its holdings in The Walt Disney Company (NYSE:DIS) by 1.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,512 shares of the entertainment giant’s stock after buying an additional 270 shares during the period. Ameritas Advisory Services LLC’s holdings in Walt Disney were worth $2,732,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Principle Wealth Partners LLC grew its position in Walt Disney by 10.3% during the fourth quarter. Principle Wealth Partners LLC now owns 25,893 shares of the entertainment giant’s stock worth $2,338,000 after buying an additional 2,410 shares in the last quarter. Sargent Investment Group LLC boosted its holdings in shares of Walt Disney by 6.3% in the 4th quarter. Sargent Investment Group LLC now owns 3,319 shares of the entertainment giant’s stock worth $300,000 after purchasing an additional 196 shares in the last quarter. Silver Oak Securities Incorporated boosted its stake in shares of Walt Disney by 210.3% in the 4th quarter. Silver Oak Securities Incorporated now owns 7,932 shares of the entertainment giant’s stock valued at $716,000 after purchasing an additional 5,376 shares in the last quarter. Eagle Wealth Strategies LLC purchased a new stake in shares of Walt Disney in the 4th quarter valued at $281,000. Finally, Bridgewealth Advisory Group LLC boosted its stake in shares of Walt Disney by 12.9% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 4,376 shares of the entertainment giant’s stock valued at $395,000 after purchasing an additional 500 shares in the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Trading Up 0.4 %

DIS traded up $0.32 during trading on Thursday, reaching $89.81. The company had a trading volume of 6,179,499 shares, compared to its average volume of 11,477,147. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74. The stock has a market cap of $163.72 billion, a P/E ratio of 97.62, a PEG ratio of 1.15 and a beta of 1.40. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The business has a 50 day simple moving average of $93.71 and a 200-day simple moving average of $104.27.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.19. The firm had revenue of $23.20 billion for the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.03 earnings per share. On average, equities analysts anticipate that The Walt Disney Company will post 4.77 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Calvin Mcdonald acquired 11,756 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The stock was purchased at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the acquisition, the director now directly owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DIS. Evercore ISI dropped their price objective on Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. Moffett Nathanson dropped their target price on shares of Walt Disney from $130.00 to $125.00 and set a “buy” rating for the company in a research report on Tuesday, July 2nd. Deutsche Bank Aktiengesellschaft cut their price objective on Walt Disney from $130.00 to $115.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Raymond James decreased their price objective on Walt Disney from $123.00 to $101.00 and set an “outperform” rating for the company in a report on Thursday, August 8th. Finally, Morgan Stanley reduced their target price on shares of Walt Disney from $130.00 to $110.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Three research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $117.95.

About Walt Disney

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.