Csenge Advisory Group Has $1.77 Million Holdings in The Walt Disney Company $DIS

Csenge Advisory Group reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 7.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,689 shares of the entertainment giant’s stock after selling 1,327 shares during the quarter. Csenge Advisory Group’s holdings in Walt Disney were worth $1,773,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Genus Capital Management Inc. acquired a new position in Walt Disney during the 2nd quarter valued at $8,267,000. SNS Financial Group LLC raised its position in shares of Walt Disney by 19.2% during the second quarter. SNS Financial Group LLC now owns 3,335 shares of the entertainment giant’s stock valued at $414,000 after buying an additional 537 shares during the last quarter. ORBA Wealth Advisors L.L.C. raised its position in shares of Walt Disney by 14.4% during the second quarter. ORBA Wealth Advisors L.L.C. now owns 4,698 shares of the entertainment giant’s stock valued at $583,000 after buying an additional 590 shares during the last quarter. Trillium Asset Management LLC raised its position in shares of Walt Disney by 9.0% during the second quarter. Trillium Asset Management LLC now owns 6,477 shares of the entertainment giant’s stock valued at $803,000 after buying an additional 534 shares during the last quarter. Finally, Arrowroot Family Office LLC acquired a new position in shares of Walt Disney during the second quarter valued at about $518,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Barclays upped their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. UBS Group upped their price target on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Rosenblatt Securities restated a “buy” rating and issued a $141.00 target price on shares of Walt Disney in a research note on Friday, October 17th. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Arete Research upgraded Walt Disney to a “strong sell” rating in a research note on Tuesday, October 28th. Nineteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $132.90.

Walt Disney Stock Performance

Walt Disney stock opened at $111.39 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The stock has a fifty day moving average price of $113.75 and a two-hundred day moving average price of $113.45. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The firm has a market capitalization of $200.27 billion, a P/E ratio of 17.46, a P/E/G ratio of 1.45 and a beta of 1.54.

Walt Disney (NYSE:DIS) last announced 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. The business had revenue of $23.65 billion during 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 firm’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the company posted $1.39 EPS. As a group, analysts anticipate 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.