1,731 Shares in The Walt Disney Company $DIS Acquired by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC bought a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,731 shares of the entertainment giant’s stock, valued at approximately $215,000.

Several other hedge funds have also recently added to or reduced their stakes in DIS. Physician Wealth Advisors Inc. lifted its stake in Walt Disney by 3.5% in the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock valued at $323,000 after buying an additional 87 shares during the period. Childress Capital Advisors LLC lifted its stake in Walt Disney by 3.3% in the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after buying an additional 87 shares during the period. Apollon Financial LLC lifted its stake in Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after buying an additional 87 shares during the period. Bruce G. Allen Investments LLC lifted its stake in Walt Disney by 9.1% in the second quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock valued at $139,000 after buying an additional 94 shares during the period. Finally, DiNuzzo Private Wealth Inc. lifted its stake in Walt Disney by 82.5% in the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after buying an additional 94 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 1.6%

NYSE:DIS opened at $109.17 on Monday. 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 company has a market cap of $196.27 billion, a PE ratio of 17.11, a PEG ratio of 1.43 and a beta of 1.54. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The stock has a 50-day simple moving average of $115.36 and a 200 day simple moving average of $110.48.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping 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 return on equity of 9.67% and a net margin of 12.22%.Walt Disney’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the company earned $1.39 earnings per share. On average, sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on DIS shares. JPMorgan Chase & Co. increased their target price on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Needham & Company LLC restated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Tuesday, September 23rd. Evercore ISI raised their target price on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Finally, Barclays raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Nineteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.