The Walt Disney Company (NYSE:DIS) Shares Purchased by Sargent Investment Group LLC

Sargent Investment Group LLC raised its stake in The Walt Disney Company (NYSE:DIS) by 13.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,226 shares of the entertainment giant’s stock after purchasing an additional 633 shares during the period. Sargent Investment Group LLC’s holdings in Walt Disney were worth $519,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in DIS. Gold Investment Management Ltd. acquired a new position in Walt Disney during the 4th quarter worth approximately $28,000. ESL Trust Services LLC acquired a new position in shares of Walt Disney during the first quarter worth $31,000. Frank Rimerman Advisors LLC purchased a new position in Walt Disney in the fourth quarter valued at $37,000. Mascoma Wealth Management LLC boosted its position in shares of Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after acquiring an additional 122 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC lifted its stake in Walt Disney by 30.7% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 498 shares of the entertainment giant’s stock worth $45,000 after purchasing an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Moffett Nathanson cut their target price on Walt Disney from $130.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, July 2nd. Wells Fargo & Company reduced their price objective on shares of Walt Disney from $136.00 to $116.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Redburn Atlantic upgraded Walt Disney from a “sell” rating to a “neutral” rating and set a $100.00 target price on the stock in a research report on Tuesday, May 21st. Loop Capital decreased their price target on Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, July 30th. Finally, Needham & Company LLC cut their price objective on Walt Disney from $145.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Three analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $117.95.

Insider Transactions at Walt Disney

In other Walt Disney news, Director Calvin Mcdonald acquired 11,756 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was bought at an average price of $85.06 per share, with a total value of $999,965.36. Following the completion of the transaction, the director now directly owns 22,313 shares of the company’s stock, valued at $1,897,943.78. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Walt Disney Stock Performance

NYSE DIS opened at $91.84 on Tuesday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $166.56 billion, a PE ratio of 99.83, a price-to-earnings-growth ratio of 1.31 and a beta of 1.40. The business’s 50-day moving average price is $90.95 and its 200 day moving average price is $102.35. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.19. The business had revenue of $23.20 billion for the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The company’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the company earned $1.03 earnings per share. On average, research analysts predict that The Walt Disney Company will post 4.92 earnings per share for the current year.

Walt Disney 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.