Cassady Schiller Wealth Management LLC Acquires 149 Shares of The Walt Disney Company (NYSE:DIS)

Cassady Schiller Wealth Management LLC boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 9.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,778 shares of the entertainment giant’s stock after purchasing an additional 149 shares during the period. Cassady Schiller Wealth Management LLC’s holdings in Walt Disney were worth $198,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. FPC Investment Advisory Inc. bought a new position in shares of Walt Disney in the 4th quarter valued at $28,000. Tacita Capital Inc lifted its stake in shares of Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after acquiring an additional 124 shares during the last quarter. Midwest Capital Advisors LLC bought a new position in shares of Walt Disney in the 4th quarter valued at $34,000. Bay Harbor Wealth Management LLC bought a new position in shares of Walt Disney in the 4th quarter valued at $35,000. Finally, Vision Financial Markets LLC bought a new position in shares of Walt Disney in the 4th quarter valued at $39,000. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of research reports. Evercore ISI increased their price target on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Macquarie restated a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Rosenblatt Securities restated a “buy” rating and issued a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and increased their price objective for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Finally, Needham & Company LLC restated a “buy” rating and issued a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney Stock Performance

Shares of DIS opened at $98.73 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The stock has a 50-day moving average of $109.10 and a 200-day moving average of $104.45. The company has a market cap of $178.48 billion, a PE ratio of 32.16, a P/E/G ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.