Capital Performance Advisors LLP Purchases Shares of 1,789 The Walt Disney Company (NYSE:DIS)

Capital Performance Advisors LLP acquired a new position in shares of The Walt Disney Company (NYSE:DIS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,789 shares of the entertainment giant’s stock, valued at approximately $172,000.

Other large investors also recently modified their holdings of the company. Quent Capital LLC raised its stake in Walt Disney by 4.4% during the 1st quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant’s stock worth $950,000 after buying an additional 327 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in shares of Walt Disney by 24.3% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 75,811 shares of the entertainment giant’s stock worth $9,276,000 after purchasing an additional 14,809 shares during the period. AIA Group Ltd bought a new position in shares of Walt Disney in the 1st quarter worth $1,266,000. Empowered Funds LLC lifted its holdings in shares of Walt Disney by 25.3% in the 1st quarter. Empowered Funds LLC now owns 69,135 shares of the entertainment giant’s stock worth $8,459,000 after purchasing an additional 13,959 shares in the last quarter. Finally, Hilltop National Bank acquired a new stake in Walt Disney in the 1st quarter valued at $213,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DIS. UBS Group dropped their price objective on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Piper Sandler initiated coverage on shares of Walt Disney in a research report on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price target on the stock. Raymond James reissued a “market perform” rating on shares of Walt Disney in a research report on Tuesday, October 1st. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Five investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.05.

Walt Disney Stock Performance

Shares of NYSE DIS traded down $0.52 during midday trading on Friday, hitting $98.41. The company’s stock had a trading volume of 1,390,788 shares, compared to its average volume of 10,695,448. The firm has a market capitalization of $178.48 billion, a price-to-earnings ratio of 38.05, a P/E/G ratio of 1.52 and a beta of 1.40. The stock has a fifty day moving average price of $93.54 and a 200 day moving average price of $97.12. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, beating the consensus estimate of $1.20 by $0.19. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The firm had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. During the same period last year, the firm earned $1.03 EPS. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. On average, research analysts forecast that The Walt Disney Company will post 4.93 EPS for the current fiscal year.

Walt Disney Company 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.