IHT Wealth Management LLC boosted its position in shares of Walt Disney Company (The) (NYSE:DIS) by 2.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,454 shares of the entertainment giant’s stock after purchasing an additional 258 shares during the quarter. Walt Disney Company (The) comprises about 0.9% of IHT Wealth Management LLC’s portfolio, making the stock its 18th biggest position. IHT Wealth Management LLC’s holdings in Walt Disney Company (The) were worth $1,294,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sumitomo Mitsui Financial Group Inc. purchased a new position in Walt Disney Company (The) during the 1st quarter worth $144,000. Feltz Wealth PLAN Inc. purchased a new position in Walt Disney Company (The) during the 1st quarter worth $173,000. Randolph Co Inc purchased a new position in Walt Disney Company (The) during the 1st quarter worth $216,000. Doyle Wealth Management purchased a new position in Walt Disney Company (The) during the 1st quarter worth $227,000. Finally, Milestone Group Inc. increased its holdings in Walt Disney Company (The) by 6.0% during the 1st quarter. Milestone Group Inc. now owns 2,100 shares of the entertainment giant’s stock worth $238,000 after purchasing an additional 119 shares during the period. Institutional investors own 61.48% of the company’s stock.

Several research analysts have commented on DIS shares. Goldman Sachs Group, Inc. (The) set a $134.00 price objective on Walt Disney Company (The) and gave the stock a “buy” rating in a report on Saturday, May 20th. Deutsche Bank AG restated a “buy” rating and set a $125.00 price objective (down from $130.00) on shares of Walt Disney Company (The) in a report on Monday, May 15th. Royal Bank Of Canada set a $130.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a report on Monday, June 12th. Moffett Nathanson reiterated a “buy” rating on shares of Walt Disney Company (The) in a report on Friday, June 9th. Finally, Credit Suisse Group reiterated a “buy” rating and issued a $125.00 price target on shares of Walt Disney Company (The) in a report on Sunday, May 28th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and twenty-one have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $113.98.

Walt Disney Company (DIS) traded up 0.80% on Tuesday, reaching $97.87. The company had a trading volume of 4,285,466 shares. Walt Disney Company has a 52-week low of $90.32 and a 52-week high of $116.10. The stock has a 50 day moving average price of $103.83 and a 200 day moving average price of $108.06. The stock has a market capitalization of $151.06 billion, a PE ratio of 17.36 and a beta of 1.42.

Walt Disney Company (The) (NYSE:DIS) last released its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.05. The firm had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. Walt Disney Company (The)’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the previous year, the company earned $1.62 EPS. Analysts expect that Walt Disney Company will post $5.82 EPS for the current year.

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In other news, Director Maria Elena Lagomasino bought 976 shares of the stock in a transaction on Thursday, August 10th. The stock was purchased at an average cost of $102.34 per share, with a total value of $99,883.84. Following the purchase, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 13.00% of the stock is currently owned by insiders.

Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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

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