KPP Advisory Services LLC Acquires 1,095 Shares of The Walt Disney Company $DIS

KPP Advisory Services LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 7.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,730 shares of the entertainment giant’s stock after acquiring an additional 1,095 shares during the quarter. KPP Advisory Services LLC’s holdings in Walt Disney were worth $1,951,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of DIS. DiNuzzo Private Wealth Inc. increased its position in shares of Walt Disney by 82.5% during the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after purchasing an additional 94 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Walt Disney during the first quarter worth $26,000. Kessler Investment Group LLC lifted its stake in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after purchasing an additional 200 shares during the period. Wolff Wiese Magana LLC boosted its holdings in Walt Disney by 41.5% during the second quarter. Wolff Wiese Magana LLC now owns 460 shares of the entertainment giant’s stock valued at $57,000 after purchasing an additional 135 shares in the last quarter. Finally, First PREMIER Bank raised its holdings in shares of Walt Disney by 72.2% in the 1st quarter. First PREMIER Bank now owns 489 shares of the entertainment giant’s stock worth $48,000 after buying an additional 205 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Up 0.3%

Walt Disney stock opened at $112.49 on Monday. The stock has a market capitalization of $202.25 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54. The company has a 50 day moving average of $116.12 and a 200-day moving average of $110.10. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69.

Walt Disney (NYSE:DIS) last released its 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 during 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%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.39 earnings per share. On average, equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on DIS. Stephens reissued a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Jefferies Financial Group cut shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Wall Street Zen lowered Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday. Needham & Company LLC restated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a report on Tuesday, September 23rd. 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 note on Tuesday, June 10th. Nineteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $131.18.

About Walt Disney

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.