Marino Stram & Associates LLC Acquires 100 Shares of The Walt Disney Company $DIS

Marino Stram & Associates LLC increased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 2.2% in the second quarter, Holdings Channel.com reports. The firm owned 4,640 shares of the entertainment giant’s stock after purchasing an additional 100 shares during the quarter. Marino Stram & Associates LLC’s holdings in Walt Disney were worth $575,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after buying an additional 1,904 shares in the last quarter. NBC Securities Inc. boosted its position in Walt Disney by 109,828.6% during the 1st quarter. NBC Securities Inc. now owns 15,390 shares of the entertainment giant’s stock worth $1,519,000 after acquiring an additional 15,376 shares during the last quarter. LVW Advisors LLC boosted its position in Walt Disney by 9.8% during the 1st quarter. LVW Advisors LLC now owns 6,005 shares of the entertainment giant’s stock worth $593,000 after acquiring an additional 535 shares during the last quarter. Gradient Investments LLC boosted its position in Walt Disney by 48.7% during the 1st quarter. Gradient Investments LLC now owns 5,522 shares of the entertainment giant’s stock worth $545,000 after acquiring an additional 1,808 shares during the last quarter. Finally, Merit Financial Group LLC lifted its position in shares of Walt Disney by 47.0% in the first quarter. Merit Financial Group LLC now owns 57,172 shares of the entertainment giant’s stock worth $5,643,000 after purchasing an additional 18,272 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Down 0.3%

DIS stock opened at $114.47 on Wednesday. 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 firm has a market capitalization of $205.81 billion, a PE ratio of 17.94, a PEG ratio of 1.66 and a beta of 1.55. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The business’s 50 day simple moving average is $116.70 and its 200 day simple moving average is $109.75.

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

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of research reports. Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Citigroup raised their price objective on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Evercore ISI increased their price target on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Finally, Wall Street Zen cut Walt Disney from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 20th. Nineteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $131.18.

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.