The Walt Disney Company (NYSE:DIS) Shares Bought by Smith Anglin Financial LLC

Smith Anglin Financial LLC raised its holdings in The Walt Disney Company (NYSE:DIS) by 2.5% in the second quarter, Holdings Channel.com reports. The fund owned 12,457 shares of the entertainment giant’s stock after buying an additional 300 shares during the quarter. Smith Anglin Financial LLC’s holdings in The Walt Disney were worth $2,190,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. TrinityPoint Wealth LLC grew its stake in The Walt Disney by 1.0% during the 1st quarter. TrinityPoint Wealth LLC now owns 5,758 shares of the entertainment giant’s stock worth $1,062,000 after buying an additional 56 shares during the last quarter. PAX Financial Group LLC grew its stake in shares of The Walt Disney by 1.3% in the first quarter. PAX Financial Group LLC now owns 4,464 shares of the entertainment giant’s stock worth $824,000 after purchasing an additional 57 shares in the last quarter. McIlrath & Eck LLC grew its stake in shares of The Walt Disney by 2.2% in the first quarter. McIlrath & Eck LLC now owns 2,684 shares of the entertainment giant’s stock worth $495,000 after purchasing an additional 57 shares in the last quarter. Crescent Grove Advisors LLC grew its stake in shares of The Walt Disney by 1.1% in the first quarter. Crescent Grove Advisors LLC now owns 5,342 shares of the entertainment giant’s stock worth $986,000 after purchasing an additional 58 shares in the last quarter. Finally, Resource Management LLC grew its stake in shares of The Walt Disney by 0.6% in the first quarter. Resource Management LLC now owns 9,457 shares of the entertainment giant’s stock worth $1,745,000 after purchasing an additional 59 shares in the last quarter. 64.10% of the stock is owned by institutional investors.

DIS traded up $1.36 on Wednesday, hitting $183.76. 264,289 shares of the company were exchanged, compared to its average volume of 9,566,108. The stock’s fifty day moving average is $178.78 and its 200-day moving average is $181.34. The company has a market cap of $333.92 billion, a PE ratio of 299.02, a PEG ratio of 3.50 and a beta of 1.19. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.24. The Walt Disney Company has a 12 month low of $117.23 and a 12 month high of $203.02.

The Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, August 12th. The entertainment giant reported $0.80 EPS for the quarter, beating the consensus estimate of $0.57 by $0.23. The company had revenue of $17.02 billion for the quarter, compared to the consensus estimate of $16.82 billion. The Walt Disney had a return on equity of 3.78% and a net margin of 1.77%. During the same quarter in the prior year, the business earned $0.08 earnings per share. As a group, equities research analysts expect that The Walt Disney Company will post 2.45 EPS for the current fiscal year.

In related news, EVP Brent Woodford sold 8,000 shares of the firm’s stock in a transaction dated Friday, August 13th. The shares were sold at an average price of $186.57, for a total value of $1,492,560.00. Following the transaction, the executive vice president now owns 42,620 shares of the company’s stock, valued at approximately $7,951,613.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Robert A. Chapek sold 10,587 shares of the firm’s stock in a transaction dated Tuesday, August 31st. The shares were sold at an average price of $182.00, for a total transaction of $1,926,834.00. The disclosure for this sale can be found here. 0.25% of the stock is owned by corporate insiders.

DIS has been the subject of several recent analyst reports. Wells Fargo & Company increased their price target on The Walt Disney from $209.00 to $216.00 and gave the stock an “overweight” rating in a research note on Friday, August 13th. Wolfe Research reaffirmed an “outperform” rating and set a $226.00 target price on shares of The Walt Disney in a report on Thursday, June 10th. Zacks Investment Research lowered The Walt Disney from a “buy” rating to a “hold” rating and set a $185.00 target price on the stock. in a research report on Wednesday, August 18th. The Goldman Sachs Group increased their price objective on The Walt Disney from $215.00 to $218.00 and gave the company a “buy” rating in a report on Friday, August 13th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on The Walt Disney from $213.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, August 27th. Four analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. Based on data from MarketBeat, The Walt Disney has a consensus rating of “Buy” and an average price target of $208.56.

About The Walt Disney

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International (DTCI). The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.

Further Reading: What is the QQQ ETF?

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS).

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

Receive News & Ratings for The Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.