Walt Disney Co (NYSE:DIS) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its position in Walt Disney Co (NYSE:DIS) by 8.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,121,032 shares of the entertainment giant’s stock after purchasing an additional 84,602 shares during the period. Envestnet Asset Management Inc. owned about 0.06% of Walt Disney worth $146,093,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in DIS. Centerpoint Advisors LLC raised its holdings in Walt Disney by 276.5% in the second quarter. Centerpoint Advisors LLC now owns 192 shares of the entertainment giant’s stock valued at $27,000 after buying an additional 141 shares during the period. SRS Capital Advisors Inc. purchased a new position in Walt Disney in the second quarter valued at approximately $39,000. Advocacy Wealth Management Services LLC raised its holdings in Walt Disney by 52.8% in the third quarter. Advocacy Wealth Management Services LLC now owns 382 shares of the entertainment giant’s stock valued at $50,000 after buying an additional 132 shares during the period. MRA Associates USA LLC purchased a new position in Walt Disney in the second quarter valued at approximately $53,000. Finally, NewSquare Capital LLC raised its holdings in Walt Disney by 24.9% in the second quarter. NewSquare Capital LLC now owns 386 shares of the entertainment giant’s stock valued at $54,000 after buying an additional 77 shares during the period. Institutional investors own 68.42% of the company’s stock.

Several research analysts recently commented on the stock. Tigress Financial restated a “buy” rating on shares of Walt Disney in a report on Monday, August 26th. Imperial Capital lowered their price objective on shares of Walt Disney from $140.00 to $139.00 and set an “in-line” rating for the company in a research report on Thursday, September 19th. Credit Suisse Group reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Walt Disney in a research report on Thursday, August 8th. Morgan Stanley set a $160.00 price objective on shares of Walt Disney and gave the company a “buy” rating in a research report on Friday, August 2nd. Finally, Wells Fargo & Co lowered their price objective on shares of Walt Disney from $173.00 to $167.00 and set an “outperform” rating for the company in a research report on Friday. Six equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $150.47.

Shares of DIS stock traded up $5.00 during mid-day trading on Friday, reaching $137.96. 23,891,567 shares of the company were exchanged, compared to its average volume of 7,565,782. Walt Disney Co has a fifty-two week low of $100.35 and a fifty-two week high of $147.15. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.67 and a current ratio of 0.70. The company has a market capitalization of $248.52 billion, a P/E ratio of 19.49, a P/E/G ratio of 4.43 and a beta of 0.96. The business’s 50 day simple moving average is $131.00 and its 200 day simple moving average is $136.12.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.12. The business had revenue of $19.10 billion during the quarter, compared to the consensus estimate of $19.02 billion. Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. The business’s quarterly revenue was up 33.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.48 earnings per share. On average, analysts forecast that Walt Disney Co will post 5.74 EPS for the current year.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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