Next Level Private LLC Buys Shares of 1,887 The Walt Disney Company $DIS

Next Level Private LLC purchased a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 1,887 shares of the entertainment giant’s stock, valued at approximately $234,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mpwm Advisory Solutions LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at $27,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Walt Disney during the first quarter valued at $26,000. Kessler Investment Group LLC increased its holdings in shares of Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock valued at $27,000 after purchasing an additional 200 shares during the period. Copia Wealth Management acquired a new position in shares of Walt Disney during the fourth quarter valued at $36,000. Finally, Vermillion Wealth Management Inc. acquired a new position in shares of Walt Disney during the fourth quarter valued at $39,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on DIS shares. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Thursday, September 4th. Rosenblatt Securities raised their target price on Walt Disney from $140.00 to $141.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Wall Street Zen cut Walt Disney from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 20th. Finally, Loop Capital increased their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $131.18.

Walt Disney Trading Down 0.9%

Shares of NYSE DIS opened at $116.02 on Monday. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The firm has a market capitalization of $208.60 billion, a PE ratio of 18.18, a PEG ratio of 1.68 and a beta of 1.55. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of $118.34 and a two-hundred day moving average price of $108.99.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. The business had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.39 EPS. As a group, analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.