626 Financial LLC Has $342,000 Stock Holdings in The Walt Disney Company $DIS

626 Financial LLC lessened its holdings in shares of The Walt Disney Company (NYSE:DIS) by 4.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 2,755 shares of the entertainment giant’s stock after selling 129 shares during the period. 626 Financial LLC’s holdings in Walt Disney were worth $342,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Walt Disney during the 1st quarter worth about $26,000. DiNuzzo Private Wealth Inc. increased its stake in 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 acquiring an additional 94 shares during the period. Harbor Asset Planning Inc. bought a new position in Walt Disney during the second quarter valued at about $37,000. RMG Wealth Management LLC bought a new position in Walt Disney during the second quarter valued at about $49,000. Finally, Core Alternative Capital increased its stake in Walt Disney by 71.0% during the first quarter. Core Alternative Capital now owns 542 shares of the entertainment giant’s stock valued at $53,000 after acquiring an additional 225 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Morgan Stanley boosted their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. JPMorgan Chase & Co. boosted their price target on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Stephens restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Barclays boosted 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. Finally, Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $132.90.

Walt Disney Trading Down 0.6%

Shares of DIS opened at $111.71 on Wednesday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. 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 50 day simple moving average of $114.47 and a 200-day simple moving average of $112.32. The stock has a market cap of $200.85 billion, a PE ratio of 17.51, a PEG ratio of 1.47 and a beta of 1.54.

Walt Disney (NYSE:DIS) last issued its earnings results 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. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same period in the prior year, the firm posted $1.39 EPS. Walt Disney’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.