GSG Advisors LLC Increases Stock Holdings in The Walt Disney Company (NYSE:DIS)

GSG Advisors LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 8.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,712 shares of the entertainment giant’s stock after buying an additional 215 shares during the quarter. GSG Advisors LLC’s holdings in Walt Disney were worth $255,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of DIS. ESL Trust Services LLC purchased a new stake in shares of Walt Disney in the first quarter valued at about $31,000. William B. Walkup & Associates Inc. bought a new stake in Walt Disney in the 2nd quarter worth about $32,000. Mascoma Wealth Management LLC increased its stake in Walt Disney by 38.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after buying an additional 122 shares during the last quarter. First PREMIER Bank lifted its position in shares of Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after buying an additional 256 shares in the last quarter. Finally, J.Safra Asset Management Corp boosted its stake in shares of Walt Disney by 78.2% in the 1st quarter. J.Safra Asset Management Corp now owns 540 shares of the entertainment giant’s stock worth $66,000 after buying an additional 237 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Trading Up 0.1 %

NYSE DIS opened at $99.02 on Friday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The firm has a market cap of $179.58 billion, a price-to-earnings ratio of 38.08, a PEG ratio of 1.57 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a 50 day simple moving average of $93.90 and a 200-day simple moving average of $97.05.

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DIS shares. Bank of America reduced their price objective on Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Raymond James restated a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. JPMorgan Chase & Co. dropped their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Barclays decreased their price target on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Finally, Evercore ISI dropped their price objective on Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $118.05.

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.