Atwater Malick LLC Sells 500 Shares of The Walt Disney Company $DIS

Atwater Malick LLC reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 0.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,994 shares of the entertainment giant’s stock after selling 500 shares during the quarter. Walt Disney comprises about 2.5% of Atwater Malick LLC’s portfolio, making the stock its 16th biggest position. Atwater Malick LLC’s holdings in Walt Disney were worth $7,812,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of DIS. MJT & Associates Financial Advisory Group Inc. bought a new position in Walt Disney in the first quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. grew its holdings in Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after acquiring an additional 94 shares during the period. Kessler Investment Group LLC grew its holdings in Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after acquiring an additional 200 shares during the period. First PREMIER Bank grew its holdings in Walt Disney by 72.2% during the 1st quarter. First PREMIER Bank now owns 489 shares of the entertainment giant’s stock worth $48,000 after acquiring an additional 205 shares during the period. Finally, Capitol Family Office Inc. acquired a new stake in Walt Disney during the 1st quarter worth $52,000. 65.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on DIS. JPMorgan Chase & Co. lifted their target price on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Tuesday, September 23rd. Citigroup lifted their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Finally, Susquehanna reissued a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Trading Down 0.7%

DIS opened at $112.14 on Friday. The stock has a market capitalization of $201.62 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.48 and a beta of 1.54. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The firm’s fifty day simple moving average is $116.30 and its 200 day simple moving average is $109.86. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

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

Walt Disney Company 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.