DecisionMap Wealth Management LLC Sells 370 Shares of The Walt Disney Company $DIS

DecisionMap Wealth Management LLC trimmed its position in The Walt Disney Company (NYSE:DIS) by 5.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,855 shares of the entertainment giant’s stock after selling 370 shares during the period. DecisionMap Wealth Management LLC’s holdings in Walt Disney were worth $726,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in DIS. Brighton Jones LLC raised its position in shares of Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after purchasing an additional 1,904 shares during the period. GAMMA Investing LLC increased its stake in 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. Advisor Resource Council acquired a new position in Walt Disney during the first quarter worth $434,000. Childress Capital Advisors LLC lifted its stake in shares of Walt Disney by 24.8% in the first quarter. Childress Capital Advisors LLC now owns 2,662 shares of the entertainment giant’s stock valued at $263,000 after buying an additional 529 shares in the last quarter. Finally, Ridgecrest Wealth Partners LLC lifted its stake in shares of Walt Disney by 4.2% in the first quarter. Ridgecrest Wealth Partners LLC now owns 7,938 shares of the entertainment giant’s stock valued at $784,000 after buying an additional 319 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

Walt Disney stock opened at $112.01 on Tuesday. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company’s 50 day moving average price is $114.85 and its two-hundred day moving average price is $111.19. The stock has a market cap of $201.39 billion, a P/E ratio of 17.56, a P/E/G ratio of 1.45 and a beta of 1.54. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. The company had revenue of $23.65 billion during the quarter, compared to analyst estimates 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 in the prior year, the company posted $1.39 earnings per share. On average, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Wall Street Zen downgraded shares of Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Barclays lifted their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. UBS Group increased their price objective on Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $141.00 target price on shares of Walt Disney in a research report on Friday. Nineteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $132.90.

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.