The Walt Disney Company (NYSE:DIS) Shares Bought by MONECO Advisors LLC

MONECO Advisors LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS) by 12.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,995 shares of the entertainment giant’s stock after acquiring an additional 550 shares during the period. MONECO Advisors LLC’s holdings in The Walt Disney were worth $878,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Financial Architects Inc grew its stake in shares of The Walt Disney by 0.7% during the second quarter. Financial Architects Inc now owns 9,953 shares of the entertainment giant’s stock valued at $1,750,000 after acquiring an additional 65 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in shares of The Walt Disney by 4.9% during the second quarter. Dynamic Advisor Solutions LLC now owns 31,998 shares of the entertainment giant’s stock valued at $5,624,000 after acquiring an additional 1,509 shares in the last quarter. Brighton Jones LLC grew its stake in shares of The Walt Disney by 1.4% during the second quarter. Brighton Jones LLC now owns 26,531 shares of the entertainment giant’s stock valued at $4,663,000 after acquiring an additional 374 shares in the last quarter. Inverness Counsel LLC NY grew its stake in shares of The Walt Disney by 32.2% during the second quarter. Inverness Counsel LLC NY now owns 277,877 shares of the entertainment giant’s stock valued at $48,842,000 after acquiring an additional 67,651 shares in the last quarter. Finally, CapWealth Advisors LLC grew its stake in shares of The Walt Disney by 1.3% during the second quarter. CapWealth Advisors LLC now owns 83,252 shares of the entertainment giant’s stock valued at $14,633,000 after acquiring an additional 1,057 shares in the last quarter. Institutional investors own 64.10% of the company’s stock.

Several equities analysts have recently commented on the stock. Royal Bank of Canada increased their price target on shares of The Walt Disney from $202.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, August 13th. Wells Fargo & Company increased their price target on shares of The Walt Disney from $209.00 to $216.00 and gave the stock an “overweight” rating in a research report on Friday, August 13th. UBS Group increased their price target on shares of The Walt Disney from $215.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, August 13th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of The Walt Disney from $213.00 to $200.00 and set a “buy” rating on the stock in a research report on Friday, August 27th. Finally, The Goldman Sachs Group raised their target price on shares of The Walt Disney from $215.00 to $218.00 and gave the stock a “buy” rating in a report on Friday, August 13th. Four investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. According to MarketBeat.com, The Walt Disney presently has a consensus rating of “Buy” and an average price target of $208.56.

In related news, CEO Robert A. Chapek sold 10,587 shares of The Walt Disney stock in a transaction on Tuesday, August 31st. The shares were sold at an average price of $182.00, for a total value of $1,926,834.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Brent Woodford sold 8,000 shares of The Walt Disney stock in a transaction on Friday, August 13th. The shares were sold at an average price of $186.57, for a total transaction of $1,492,560.00. Following the completion of the sale, the executive vice president now directly owns 42,620 shares of the company’s stock, valued at approximately $7,951,613.40. The disclosure for this sale can be found here. Company insiders own 0.25% of the company’s stock.

The Walt Disney stock traded up $0.58 during mid-day trading on Wednesday, hitting $182.98. The company’s stock had a trading volume of 219,280 shares, compared to its average volume of 9,566,108. The company has a quick ratio of 1.19, a current ratio of 1.24 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $332.50 billion, a P/E ratio of 299.02, a P/E/G ratio of 3.50 and a beta of 1.19. The Walt Disney Company has a twelve month low of $117.23 and a twelve month high of $203.02. The stock’s fifty day moving average price is $178.78 and its two-hundred day moving average price is $181.34.

The Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Thursday, August 12th. The entertainment giant reported $0.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.23. The Walt Disney had a net margin of 1.77% and a return on equity of 3.78%. The firm had revenue of $17.02 billion for the quarter, compared to analyst estimates of $16.82 billion. During the same quarter in the previous year, the business posted $0.08 earnings per share. Equities analysts expect that The Walt Disney Company will post 2.45 earnings per share for the current year.

The Walt Disney Profile

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.

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

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