Apollon Wealth Management LLC boosted its stake in shares of Walt Disney Co (NYSE:DIS) by 3.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,685 shares of the entertainment giant’s stock after acquiring an additional 168 shares during the period. Apollon Wealth Management LLC’s holdings in Walt Disney were worth $549,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of DIS. TD Capital Management LLC purchased a new position in Walt Disney during the first quarter valued at $29,000. Carolina Wealth Advisors LLC purchased a new position in Walt Disney during the fourth quarter valued at $31,000. Cox Capital Mgt LLC purchased a new position in shares of Walt Disney in the 1st quarter worth $34,000. Marquette Asset Management LLC grew its stake in shares of Walt Disney by 3,500.0% in the 1st quarter. Marquette Asset Management LLC now owns 360 shares of the entertainment giant’s stock worth $35,000 after buying an additional 350 shares in the last quarter. Finally, Horan Securities Inc. purchased a new position in shares of Walt Disney in the 1st quarter worth $36,000. 63.10% of the stock is owned by institutional investors.
NYSE DIS opened at $118.02 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 company has a market capitalization of $212.83 billion, a price-to-earnings ratio of 39.87, a price-to-earnings-growth ratio of 11.04 and a beta of 1.08. The company’s 50-day simple moving average is $104.80 and its two-hundred day simple moving average is $127.09. Walt Disney Co has a one year low of $79.07 and a one year high of $153.41.
Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, May 5th. The entertainment giant reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). The business had revenue of $18.01 billion for the quarter, compared to analysts’ expectations of $17.49 billion. Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same period last year, the business posted $1.61 EPS. Equities analysts expect that Walt Disney Co will post 2.09 earnings per share for the current fiscal year.
A number of equities analysts have commented on the stock. Cowen lifted their price objective on shares of Walt Disney from $154.00 to $159.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Loop Capital cut shares of Walt Disney from a “buy” rating to a “hold” rating and set a $120.00 price objective for the company. in a research note on Tuesday. Imperial Capital dropped their price objective on shares of Walt Disney from $118.00 to $107.00 and set an “in-line” rating for the company in a research note on Thursday, April 2nd. TheStreet lowered shares of Walt Disney from a “b-” rating to a “c+” rating in a report on Thursday, March 12th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Walt Disney in a report on Friday, May 8th. Fourteen research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $126.58.
Walt Disney 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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