Harel Insurance Investments & Financial Services Ltd. holds a $15.30 million stake in The Walt Disney Company (NYSE:DIS)


Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of The Walt Disney Company (NYSE: DISGet a rating) by 0.4% during the first quarter, Holdings Channel.com reports. The company held 111,544 shares of the entertainment giant after buying an additional 494 shares during the period. The holdings of Harel Insurance Investments & Financial Services Ltd. in Walt Disney were worth $15,299,000 at the end of the most recent reporting period.

A number of other major investors have also recently changed their holdings in DIS. Sandy Cove Advisors LLC acquired a new position in Walt Disney in the fourth quarter worth approximately $27,000. MBM Wealth Consultants LLC increased its stake in Walt Disney to 94.7% in the fourth quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant valued at $34,000 after purchasing an additional 107 shares during the period. Advanced Research Investment Solutions LLC increased its stake in Walt Disney by 46.0% in the fourth quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant valued at $36,000 after buying an additional 75 shares during the period. Delos Wealth Advisors LLC increased its stake in Walt Disney by 2,933.3% in the fourth quarter. Delos Wealth Advisors LLC now owns 273 shares of the entertainment giant valued at $42,000 after purchasing an additional 264 shares during the period. Finally, Financial Connections Group Inc. increased its stake in Walt Disney by 38.7% in the first quarter. Financial Connections Group Inc. now owns 330 shares of the entertainment giant valued at $45,000 after buying an additional 92 shares during the period. 64.17% of the shares are currently held by institutional investors and hedge funds.

A Wall Street analyst gives his opinion

DIS has been the subject of several analyst reports. Citigroup cut its price target on Walt Disney shares from $165.00 to $145.00 and set a “buy” rating on the stock in a report Thursday, July 7. Royal Bank of Canada cut its target price on Walt Disney shares from $210.00 to $176.00 in a Thursday, May 12 report. Wolfe Research cut its price target on Walt Disney shares from $211.00 to $128.00 and set an “outperform” rating on the stock in a Thursday, June 2 report. Deutsche Bank Aktiengesellschaft cut its price target on Walt Disney shares from $191.00 to $130.00 in a Monday, June 6 report. Finally, JPMorgan Chase & Co. cut its price target on Walt Disney stock from $200.00 to $175.00 and set an “overweight” rating on the stock in a Tuesday, April 19 report. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nineteen have assigned the company a buy rating. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $161.16.

Walt Disney shares fall 1.4%

Walt Disney Stock opened at $102.72 on Monday. The company has a market capitalization of $187.02 billion, a P/E ratio of 70.84, a price-to-earnings growth ratio of 1.22 and a beta of 1.24. The Walt Disney Company has a 1-year low of $90.23 and a 1-year high of $187.58. The company has a fifty-day simple moving average of $100.11 and a 200-day simple moving average of $123.82. The company has a current ratio of 1.06, a quick ratio of 1.01 and a debt ratio of 0.49.

Walt Disney (NYSE: DISGet a rating) last announced its quarterly results on Wednesday, May 11. The entertainment giant reported EPS of $1.08 for the quarter, missing analyst consensus estimates of $1.20 per ($0.12). The company posted revenue of $19.25 billion in the quarter, versus analyst estimates of $20.25 billion. Walt Disney had a net margin of 3.46% and a return on equity of 6.87%. In the same quarter of the previous year, the company had achieved EPS of $0.79. Research analysts expect The Walt Disney Company to post earnings per share of 3.96 for the current fiscal year.

Walt Disney Company Profile

(Get a rating)

The Walt Disney Company, together with its subsidiaries, operates as a worldwide entertainment company. It operates through two segments, Disney Media and Entertainment Distribution; and Parks, Experiences and Disney Products. The Company is engaged in the production and distribution of episodic film and television content, as well as television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic and Star brands; and studios that produce films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar and Searchlight Pictures banners.

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Want to see which other hedge funds hold DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for The Walt Disney Company (NYSE: DISGet a rating).

Institutional ownership by quarter for Walt Disney (NYSE:DIS)



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