Archford Capital Strategies LLC Acquires 110 Shares of The Walt Disney Company (NYSE:DIS)

Archford Capital Strategies LLC boosted its holdings in The Walt Disney Company (NYSE:DIS) by 1.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,551 shares of the entertainment giant’s stock after acquiring an additional 110 shares during the period. Archford Capital Strategies LLC’s holdings in Walt Disney were worth $1,447,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its position in Walt Disney by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 136,666,060 shares of the entertainment giant’s stock worth $24,021,793,000 after buying an additional 940,877 shares during the period. BlackRock Inc. increased its position in Walt Disney by 2.2% during the 2nd quarter. BlackRock Inc. now owns 119,480,524 shares of the entertainment giant’s stock worth $21,001,090,000 after buying an additional 2,623,659 shares during the period. State Street Corp increased its position in Walt Disney by 1.9% during the 2nd quarter. State Street Corp now owns 71,914,682 shares of the entertainment giant’s stock worth $12,640,444,000 after buying an additional 1,355,380 shares during the period. Morgan Stanley increased its position in Walt Disney by 1.9% during the 2nd quarter. Morgan Stanley now owns 32,666,477 shares of the entertainment giant’s stock worth $5,741,785,000 after buying an additional 595,313 shares during the period. Finally, Geode Capital Management LLC increased its position in Walt Disney by 3.0% during the 2nd quarter. Geode Capital Management LLC now owns 27,929,476 shares of the entertainment giant’s stock worth $4,893,596,000 after buying an additional 813,689 shares during the period. Institutional investors and hedge funds own 64.08% of the company’s stock.

Several research analysts have weighed in on DIS shares. Evercore ISI reiterated a “buy” rating and set a $210.00 price objective on shares of Walt Disney in a research report on Wednesday, September 22nd. Royal Bank of Canada increased their price objective on Walt Disney from $202.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, August 13th. Loop Capital lowered their price objective on Walt Disney from $220.00 to $205.00 and set a “buy” rating on the stock in a research report on Friday, November 12th. Wolfe Research reduced their target price on Walt Disney from $209.00 to $200.00 and set an “outperform” rating on the stock in a report on Thursday, November 11th. Finally, Citigroup reduced their target price on Walt Disney from $230.00 to $210.00 and set a “buy” rating on the stock in a report on Tuesday, November 16th. Six equities research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $200.15.

In other Walt Disney news, CEO Robert A. Chapek sold 10,587 shares of Walt Disney stock in a transaction that occurred on Tuesday, August 31st. The stock was sold at an average price of $182.00, for a total value of $1,926,834.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.25% of the stock is owned by company insiders.

Shares of DIS stock opened at $151.34 on Thursday. The business’s 50-day moving average price is $170.25 and its 200-day moving average price is $175.01. The Walt Disney Company has a 12 month low of $146.29 and a 12 month high of $203.02. The firm has a market capitalization of $275.00 billion, a price-to-earnings ratio of 138.84, a PEG ratio of 1.49 and a beta of 1.17. The company has a current ratio of 1.08, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, November 10th. The entertainment giant reported $0.37 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.13). Walt Disney had a return on equity of 4.86% and a net margin of 2.96%. During the same period in the prior year, the company earned ($0.20) EPS. On average, sell-side analysts predict that The Walt Disney Company will post 4.74 earnings per share for the current fiscal year.

About 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.

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

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