Investments & Financial Planning LLC Invests $207,000 in The Walt Disney Company (NYSE:DIS)

Investments & Financial Planning LLC purchased a new stake in shares of The Walt Disney Company (NYSE:DIS) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,691 shares of the entertainment giant’s stock, valued at approximately $207,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DIS. Planned Solutions Inc. bought a new position in shares of Walt Disney during the fourth quarter valued at $26,000. Gold Investment Management Ltd. bought a new position in Walt Disney in the fourth quarter valued at about $28,000. Fortis Group Advisors LLC bought a new position in Walt Disney in the third quarter valued at about $30,000. Stone House Investment Management LLC lifted its holdings in Walt Disney by 355.3% in the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after acquiring an additional 270 shares during the period. Finally, Partnership Wealth Management LLC bought a new position in Walt Disney in the fourth quarter valued at about $33,000. 65.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

DIS has been the topic of several recent research reports. Raymond James raised their price objective on Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 26th. Wells Fargo & Company raised their price objective on Walt Disney from $128.00 to $141.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 23rd. Bank of America raised their price objective on Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. UBS Group decreased their price objective on Walt Disney from $140.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, May 8th. Finally, Guggenheim increased their target price on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-three have given a buy rating to the company. According to MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and an average target price of $126.44.

Insider Activity at Walt Disney

In related news, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction dated Thursday, May 9th. The stock was 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 SEC, which can be accessed through this link. In related news, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction dated Thursday, May 9th. The stock was 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 SEC, which can be accessed through this link. Also, Director James P. Gorman acquired 20,000 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was purchased at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the acquisition, the director now directly owns 20,467 shares of the company’s stock, valued at approximately $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is currently owned by corporate insiders.

Walt Disney Stock Down 0.1 %

Shares of DIS stock traded down $0.08 during mid-day trading on Wednesday, hitting $96.97. The stock had a trading volume of 7,617,282 shares, compared to its average volume of 11,385,722. 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 firm has a market capitalization of $176.78 billion, a P/E ratio of 105.40, a price-to-earnings-growth ratio of 1.21 and a beta of 1.40. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74. The firm’s 50-day moving average is $102.44 and its two-hundred day moving average is $104.95.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. The firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The firm’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 EPS. On average, analysts predict that The Walt Disney Company will post 4.75 earnings per share 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.