Bedel Financial Consulting Inc. increased its stake in The Walt Disney Company (NYSE: DIS – Get Rating) by 2.4% in Q1, according to its latest 13F filing with the SEC. The company held 22,626 shares of the entertainment giant after buying an additional 524 shares during the period. Walt Disney owns about 1.0% of the holdings of Bedel Financial Consulting Inc., making the stock its 10th-largest position. Bedel Financial Consulting Inc.’s holdings of Walt Disney were worth $3,103,000 when it last filed with the SEC.
Several other hedge funds and other institutional investors also bought and sold shares of the company. Syverson Strege & Co increased its stake in Walt Disney by 384.8% in the 4th quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant valued at $25,000 after buying an additional 127 shares during the period. Sandy Cove Advisors LLC acquired a new position in Walt Disney during Q4 worth approximately $27,000. MBM Wealth Consultants LLC increased its stake in Walt Disney by 94.7% during the 4th quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant valued at $34,000 after purchasing an additional 107 shares during the period. Advanced Research Investment Solutions LLC increased its stake in Walt Disney by 46.0% during the 4th quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant valued at $36,000 after buying an additional 75 shares during the period. Finally, Delos Wealth Advisors LLC increased its stake in Walt Disney by 2,933.3% during the 4th quarter. Delos Wealth Advisors LLC now owns 273 shares of the entertainment giant valued at $42,000 after purchasing an additional 264 shares during the period. 64.17% of the shares are held by institutional investors and hedge funds.
DIS has been the subject of a number of recent analyst reports. Tigress Financial restated a “buy” rating and set a price target of $229.00 on Walt Disney shares in a Friday, April 1 research report. Morgan Stanley lowered its price target on Walt Disney shares from $170.00 to $125.00 and set an “overweight” rating on the stock in a research report on Thursday. Deutsche Bank Aktiengesellschaft lowered its price target on Walt Disney shares from $191.00 to $130.00 in a Monday, June 6 research report. Wolfe Research lowered its price target on Walt Disney shares from $211.00 to $128.00 and set an “outperform” rating on the stock in a Thursday, June 2 research report. Finally, BMO Capital Markets lowered its price target on Walt Disney shares from $140.00 to $135.00 in a Thursday, May 12 report. One stock research analyst gave the stock a sell rating, five gave the company a hold rating and eighteen gave the company a buy rating. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $165.76.
Shares of Walt Disney opened at $96.14 on Friday. The company has a market capitalization of $175.04 billion, a PE ratio of 66.30, a P/E/G ratio of 1.14 and a beta of 1.21. The company has a debt ratio of 0.49, a quick ratio of 1.01 and a current ratio of 1.06. The company’s 50-day moving average price is $104.51 and its two-hundred-day moving average price is $129.97. The Walt Disney Company has a twelve month low of $92.01 and a twelve month high of $187.58.
Walt Disney (NYSE:DIS – Get Rating) last released quarterly earnings data on Wednesday, May 11. The entertainment giant reported earnings per share of $1.08 for the quarter, missing the consensus estimate of $1.19 per ($0.11). Walt Disney had a net margin of 3.46% and a return on equity of 6.87%. In the same quarter last year, the company posted earnings per share of $0.79. Equity analysts expect The Walt Disney Company to post an EPS of 4.03 for the current fiscal year.
About Walt Disney (Get an evaluation)
The Walt Disney Company, together with its subsidiaries, operates as a worldwide entertainment company. It operates through two segments, Disney Media and Entertainment Distribution; and Parks, Experiences and Disney Products. The Company is engaged in the production and distribution of episodic film and television content, as well as television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic and Star brands; and studios that produce films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar and Searchlight Pictures banners.
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