1,794 Shares in The Walt Disney Company $DIS Acquired by Wingate Wealth Advisors Inc.

Wingate Wealth Advisors Inc. acquired a new position in The Walt Disney Company (NYSE:DIS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,794 shares of the entertainment giant’s stock, valued at approximately $222,000.

A number of other hedge funds have also recently added to or reduced their stakes in DIS. J. Safra Sarasin Holding AG grew its holdings in Walt Disney by 8.1% during the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock valued at $21,983,000 after purchasing an additional 16,781 shares during the last quarter. Planning Directions Inc. acquired a new position in Walt Disney during the first quarter valued at approximately $326,000. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney during the second quarter valued at approximately $4,220,599,000. Wedge Capital Management L L P NC grew its holdings in Walt Disney by 8,744.0% during the second quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock valued at $39,724,000 after purchasing an additional 316,707 shares during the last quarter. Finally, WoodTrust Financial Corp grew its holdings in Walt Disney by 6.7% during the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock valued at $9,491,000 after purchasing an additional 6,047 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on DIS. Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Wall Street Zen cut Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Evercore ISI increased their price objective on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, August 4th. Morgan Stanley increased their price objective on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Finally, Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $132.90.

Walt Disney Stock Up 0.7%

Shares of DIS stock opened at $110.69 on Friday. The stock has a market cap of $199.00 billion, a P/E ratio of 17.35, a price-to-earnings-growth ratio of 1.45 and a beta of 1.54. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The stock has a fifty day moving average price of $114.86 and a 200 day moving average price of $110.83. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping the consensus estimate of $1.45 by $0.16. The firm had revenue of $23.65 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the business earned $1.39 earnings per share. Analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current 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.