Montag A & Associates Inc. lifted its holdings in Walt Disney Co (NYSE:DIS) by 1.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,301 shares of the entertainment giant’s stock after acquiring an additional 719 shares during the quarter. Montag A & Associates Inc.’s holdings in Walt Disney were worth $9,031,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in DIS. Centerpoint Advisors LLC lifted its holdings in Walt Disney by 276.5% during the 2nd quarter. Centerpoint Advisors LLC now owns 192 shares of the entertainment giant’s stock worth $27,000 after buying an additional 141 shares in the last quarter. JJJ Advisors Inc. lifted its holdings in Walt Disney by 96.8% during the 3rd quarter. JJJ Advisors Inc. now owns 244 shares of the entertainment giant’s stock worth $32,000 after buying an additional 120 shares in the last quarter. Garrett Wealth Advisory Group LLC acquired a new position in Walt Disney during the 3rd quarter worth $36,000. SRS Capital Advisors Inc. acquired a new position in Walt Disney during the 2nd quarter worth $39,000. Finally, MRA Associates USA LLC acquired a new position in Walt Disney during the 2nd quarter worth $53,000. 68.42% of the stock is currently owned by institutional investors and hedge funds.

Shares of DIS stock traded up $5.00 during trading hours on Friday, reaching $137.96. The company had a trading volume of 24,167,237 shares, compared to its average volume of 7,565,782. The company has a 50 day moving average of $130.93 and a 200 day moving average of $136.10. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.70 and a quick ratio of 0.67. The firm has a market cap of $248.52 billion, a price-to-earnings ratio of 19.49, a P/E/G ratio of 4.43 and a beta of 0.96. Walt Disney Co has a 1-year low of $100.35 and a 1-year high of $147.15.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.95 by $0.12. The company had revenue of $19.10 billion for the quarter, compared to the consensus estimate of $19.02 billion. Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The firm’s quarterly revenue was up 33.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.48 EPS. As a group, sell-side analysts forecast that Walt Disney Co will post 5.74 EPS for the current fiscal year.

DIS has been the topic of several research reports. Morgan Stanley set a $160.00 price objective on Walt Disney and gave the stock a “buy” rating in a report on Friday, August 2nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Walt Disney in a report on Friday, September 27th. Credit Suisse Group reaffirmed a “buy” rating and set a $150.00 price objective on shares of Walt Disney in a report on Thursday, August 8th. Wells Fargo & Co reduced their price objective on Walt Disney from $173.00 to $167.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Imperial Capital reduced their price objective on Walt Disney from $140.00 to $139.00 and set an “in-line” rating on the stock in a report on Thursday, September 19th. Seven equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $150.47.

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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