Vantage Point Financial LLC Makes New Investment in The Walt Disney Company $DIS

Vantage Point Financial LLC bought a new stake in shares of The Walt Disney Company (NYSE:DIS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,618 shares of the entertainment giant’s stock, valued at approximately $201,000.

Several other institutional investors have also recently made changes to their positions in DIS. Brighton Jones LLC increased its holdings in shares of Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Walt Disney by 8.1% during the 1st quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock valued at $2,451,000 after purchasing an additional 1,856 shares in the last quarter. Integrated Advisors Network LLC increased its holdings in shares of Walt Disney by 0.7% during the 1st quarter. Integrated Advisors Network LLC now owns 21,228 shares of the entertainment giant’s stock valued at $2,095,000 after purchasing an additional 139 shares in the last quarter. Zhang Financial LLC increased its holdings in shares of Walt Disney by 9.8% during the 1st quarter. Zhang Financial LLC now owns 2,207 shares of the entertainment giant’s stock valued at $218,000 after purchasing an additional 197 shares in the last quarter. Finally, Simon Quick Advisors LLC increased its holdings in shares of Walt Disney by 25.8% during the 1st quarter. Simon Quick Advisors LLC now owns 13,552 shares of the entertainment giant’s stock valued at $1,338,000 after purchasing an additional 2,780 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Trading Down 0.9%

Shares of DIS stock opened at $110.91 on Friday. The company’s 50-day moving average price is $115.51 and its 200-day moving average price is $110.29. 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 stock has a market cap of $199.41 billion, a price-to-earnings ratio of 17.38, a PEG ratio of 1.47 and a beta of 1.54. 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 announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. The firm 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 company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.39 EPS. As a group, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

DIS has been the subject of several recent analyst reports. UBS Group boosted their price target on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. Morgan Stanley boosted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Raymond James Financial reissued a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus 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.