The Walt Disney Company (NYSE:DIS) Position Boosted by Albion Financial Group UT

Albion Financial Group UT lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 9.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 90,553 shares of the entertainment giant’s stock after buying an additional 7,925 shares during the quarter. Albion Financial Group UT’s holdings in Walt Disney were worth $11,080,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Naviter Wealth LLC lifted its holdings in Walt Disney by 10.1% in the first quarter. Naviter Wealth LLC now owns 16,278 shares of the entertainment giant’s stock worth $1,992,000 after acquiring an additional 1,494 shares during the last quarter. Quattro Financial Advisors LLC lifted its holdings in Walt Disney by 22,488.9% in the first quarter. Quattro Financial Advisors LLC now owns 20,330 shares of the entertainment giant’s stock worth $2,488,000 after acquiring an additional 20,240 shares during the last quarter. State of Michigan Retirement System lifted its holdings in Walt Disney by 4.2% in the first quarter. State of Michigan Retirement System now owns 782,566 shares of the entertainment giant’s stock worth $95,755,000 after acquiring an additional 31,600 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its holdings in shares of Walt Disney by 81.8% during the first quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 1,873 shares of the entertainment giant’s stock valued at $229,000 after buying an additional 843 shares during the last quarter. Finally, Dash Acquisitions Inc. raised its holdings in shares of Walt Disney by 8.4% during the first quarter. Dash Acquisitions Inc. now owns 13,965 shares of the entertainment giant’s stock valued at $1,577,000 after buying an additional 1,077 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 0.6 %

NYSE DIS traded up $0.62 on Wednesday, hitting $98.61. 5,029,215 shares of the stock were exchanged, compared to its average volume of 11,481,456. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.75 and a quick ratio of 0.69. The company has a market capitalization of $179.77 billion, a price-to-earnings ratio of 107.19, a P/E/G ratio of 1.23 and a beta of 1.40. The company’s 50-day moving average price is $104.17 and its two-hundred day moving average price is $104.81.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.09. The firm had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $22.12 billion. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.93 EPS. Research analysts predict that The Walt Disney Company will post 4.76 EPS for the current year.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Walt Disney news, Director James P. Gorman acquired 20,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, May 8th. The stock was acquired at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the purchase, the director now owns 20,467 shares in the company, valued at $2,170,116.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The disclosure for this sale can be found here. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DIS. Guggenheim lifted their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, April 3rd. Redburn Atlantic raised Walt Disney from a “sell” rating to a “neutral” rating and set a $100.00 price target on the stock in a report on Tuesday, May 21st. Barclays cut their price target on Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Wednesday, May 8th. The Goldman Sachs Group began coverage on Walt Disney in a report on Tuesday, June 25th. They set a “buy” rating and a $125.00 price target on the stock. Finally, Loop Capital raised their price objective on shares of Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $126.44.

About Walt Disney

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.