The Walt Disney Company $DIS Position Decreased by Olistico Wealth LLC

Olistico Wealth LLC decreased its holdings in The Walt Disney Company (NYSE:DIS) by 81.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 494 shares of the entertainment giant’s stock after selling 2,211 shares during the quarter. Olistico Wealth LLC’s holdings in Walt Disney were worth $61,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Walt Disney by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after buying an additional 2,446,087 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Walt Disney during the second quarter valued at approximately $4,220,599,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Walt Disney by 9.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant’s stock valued at $1,826,930,000 after acquiring an additional 1,642,907 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Walt Disney by 4.2% in the 1st quarter. Bank of New York Mellon Corp now owns 17,821,361 shares of the entertainment giant’s stock worth $1,758,968,000 after purchasing an additional 717,066 shares during the period. Finally, Amundi grew its position in Walt Disney by 11.4% during the 1st quarter. Amundi now owns 14,882,195 shares of the entertainment giant’s stock worth $1,468,873,000 after purchasing an additional 1,520,513 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 0.3%

NYSE:DIS opened at $112.49 on Friday. The company has a market capitalization of $202.25 billion, a P/E ratio of 17.63, a P/E/G ratio of 1.48 and a beta of 1.54. The stock’s 50 day moving average price is $116.12 and its 200 day moving average price is $110.02. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69.

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

Analyst Upgrades and Downgrades

DIS has been the subject of a number of research analyst reports. Barclays increased their target price on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Weiss Ratings reissued a “hold (c+)” rating on shares of Walt Disney in a research note on Saturday, September 27th. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Loop Capital boosted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, June 10th. Nineteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $131.18.

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.