Capital Directions Investment Advisors LLC raised its stake in shares of The Walt Disney Company (NYSE:DIS) by 6.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,316 shares of the entertainment giant’s stock after purchasing an additional 145 shares during the quarter. Capital Directions Investment Advisors LLC’s holdings in The Walt Disney were worth $407,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. FORA Capital LLC bought a new position in The Walt Disney in the first quarter valued at about $28,000. Penserra Capital Management LLC bought a new stake in The Walt Disney during the 2nd quarter worth approximately $29,000. Johnson Midwest Financial LLC raised its holdings in shares of The Walt Disney by 142.9% during the second quarter. Johnson Midwest Financial LLC now owns 170 shares of the entertainment giant’s stock worth $30,000 after acquiring an additional 100 shares during the period. FFT Wealth Management LLC acquired a new stake in shares of The Walt Disney in the 2nd quarter valued at about $37,000. Finally, Financial Insights Inc. acquired a new stake in shares of The Walt Disney in the second quarter valued at approximately $37,000. Hedge funds and other institutional investors own 64.10% of the company’s stock.
Shares of DIS stock traded up $2.25 during trading hours on Thursday, hitting $175.21. The stock had a trading volume of 154,476 shares, compared to its average volume of 9,481,632. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.24 and a quick ratio of 1.19. The stock has a market capitalization of $318.38 billion, a price-to-earnings ratio of 283.54, a PEG ratio of 3.50 and a beta of 1.19. The Walt Disney Company has a one year low of $117.23 and a one year high of $203.02. The stock’s 50-day moving average price is $178.12 and its two-hundred day moving average price is $178.97.
Several equities analysts recently weighed in on DIS shares. UBS Group raised their target price on shares of The Walt Disney from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, August 13th. The Goldman Sachs Group upped their price target on shares of The Walt Disney from $215.00 to $218.00 and gave the company a “buy” rating in a research note on Friday, August 13th. Deutsche Bank Aktiengesellschaft dropped their price target on The Walt Disney from $213.00 to $200.00 and set a “buy” rating for the company in a research note on Friday, August 27th. Royal Bank of Canada increased their target price on shares of The Walt Disney from $202.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, August 13th. Finally, Daiwa Capital Markets started coverage on shares of The Walt Disney in a research report on Tuesday, September 21st. They set a “buy” rating and a $225.00 target price on the stock. Three research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. According to data from MarketBeat.com, The Walt Disney has a consensus rating of “Buy” and an average target price of $209.08.
In other The Walt Disney news, CEO Robert A. Chapek sold 10,587 shares of the company’s stock in a transaction on Tuesday, August 31st. The stock was sold at an average price of $182.00, for a total value of $1,926,834.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Brent Woodford sold 8,000 shares of the stock in a transaction dated Friday, August 13th. The stock was sold at an average price of $186.57, for a total transaction of $1,492,560.00. Following the transaction, the executive vice president now owns 42,620 shares in the company, valued at $7,951,613.40. The disclosure for this sale can be found here. 0.25% of the stock is owned by company insiders.
The Walt Disney Profile
The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International (DTCI). The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.
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