Waller Financial Planning Group Inc. buys 246 shares of The Walt Disney Company (NYSE:DIS)


Waller Financial Planning Group Inc. increased its stake in The Walt Disney Company (NYSE: DIS – Get Rating) by 17.9% in Q1, according to its latest filing with the SEC. The fund held 1,623 shares of the entertainment giant after buying an additional 246 shares during the quarter. Waller Financial Planning Group Inc.’s holdings in Walt Disney were worth $223,000 at the end of the last quarter.

A number of other hedge funds have also recently changed their positions in the business. Tudor Investment Corp Et Al increased its stake in Walt Disney stock by 76.5% during the third quarter. Tudor Investment Corp Et Al now owns 52,856 shares of the entertainment giant valued at $8,942,000 after acquiring an additional 22,911 shares last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings of Walt Disney stock 3.3% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 14,617 shares of the entertainment giant valued at $2,473,000 after acquiring 469 additional shares last quarter. Beacon Financial Group increased its stake in Walt Disney stock by 3.4% during the fourth quarter. Beacon Financial Group now owns 9,829 shares of the entertainment giant valued at $1,541,000 after acquiring 322 additional shares last quarter. The Bremer Bank National Association increased its stake in Walt Disney shares by 33.5% during the fourth quarter. Bremer Bank National Association now owns 24,631 shares of the entertainment giant valued at $3,815,000 after acquiring an additional 6,186 shares last quarter. Finally, First National Bank of Mount Dora Trust Investment Services increased its stake in Walt Disney stock by 1.0% during the fourth quarter. First National Bank of Mount Dora Trust Investment Services now owns 27,518 shares of the entertainment giant valued at $4,262,000 after acquiring 259 additional shares last quarter. Hedge funds and other institutional investors hold 64.17% of the company’s shares.

DIS stock opened at $95.65 on Thursday. The Walt Disney Company has a fifty-two week low of $92.01 and a fifty-two week high of $187.58. The company’s 50-day moving average is $105.49 and its two-hundred-day moving average is $130.60. The company has a debt ratio of 0.49, a quick ratio of 1.01 and a current ratio of 1.06. The company has a market capitalization of $174.14 billion, a price/earnings ratio of 65.97, a P/E/G ratio of 1.14 and a beta of 1.21.

Walt Disney (NYSE:DIS – Get Rating) last released its results on Wednesday, May 11. The entertainment giant reported earnings per share of $1.08 for the quarter, missing analyst consensus estimates 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 period a year earlier, the company posted earnings per share of $0.79. Stock analysts predict The Walt Disney Company will post earnings per share of 4.03 for the current year.

Several equity research analysts have recently weighed in on DIS shares. KGI Securities began covering Walt Disney in a research note on Monday, May 23. They issued an “outperform” rating and a price target of $145.00 on the stock. Moffett Nathanson cut his price target on Walt Disney from $165.00 to $150.00 and set a “neutral” rating on the stock in a Monday, March 7 research note. Wolfe Research cut its price target on Walt Disney from $211.00 to $128.00 and set an “outperform” rating on the stock in a Thursday, June 2 research note. Royal Bank of Canada reduced its target price on Walt Disney from $210.00 to $176.00 in a research note Thursday, May 12. Finally, Wells Fargo & Company reduced its price target on Walt Disney from $182.00 to $153.00 in a Thursday, May 12 research note. One equity research analyst gave the stock a sell rating, five gave the stock a hold rating and eighteen gave the stock a buy rating. Based on MarketBeat data, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $167.56.

Profile Walt Disney (Get an assessment)

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.

Further reading

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Institutional ownership by quarter for Walt Disney (NYSE:DIS)



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