Kohmann Bosshard Financial Services LLC increased its stake in The Walt Disney Company (NYSE: DIS – Get a rating) by 17.1% in the first quarter, according to the company in its latest filing with the SEC. The fund held 1,551 shares of the entertainment giant after buying an additional 226 shares during the period. Kohmann Bosshard Financial Services LLC’s holdings of Walt Disney were worth $213,000 when it last filed with the SEC.
A number of other institutional investors and hedge funds have also recently changed their positions in DIS. Syverson Strege & Co increased its stake in Walt Disney by 384.8% in the 4th quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant valued at $25,000 after buying 127 more shares in the last quarter. Sandy Cove Advisors LLC purchased a new stake in Walt Disney in Q4 worth approximately $27,000. MBM Wealth Consultants LLC increased its stake in Walt Disney to 94.7% in the 4th 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. Finally, Delos Wealth Advisors LLC increased its stake in Walt Disney by 2,933.3% in the 4th 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. Institutional investors and hedge funds hold 64.17% of the company’s shares.
Stock DIS opened at $93.50 on Thursday. The company has a 50-day simple moving average of $108.79 and a 200-day simple moving average of $132.54. The stock has a market capitalization of $170.23 billion, a price/earnings ratio of 64.48, a P/E/G ratio of 1.09 and a beta of 1.21. The Walt Disney Company has a 1-year low of $92.01 and a 1-year high of $187.58. The company has a debt ratio of 0.49, a current ratio of 1.06 and a quick ratio of 1.01.
Walt Disney (NYSE: DIS – Get a rating) last released its quarterly earnings data on Wednesday, May 11. The entertainment giant reported earnings per share (EPS) of $1.08 for the quarter, missing analyst consensus estimates of $1.19 per ($0.11). Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. In the same quarter last year, the company achieved EPS of $0.79. On average, equity research analysts expect The Walt Disney Company to post EPS of 4.03 for the current fiscal year.
DIS has been the subject of a number of recent research reports. Tigress Financial reissued a “buy” rating and posted a price target of $229.00 on Walt Disney shares in a report on Friday, April 1. Royal Bank of Canada cut its price target on Walt Disney shares from $210.00 to $176.00 in a Thursday, May 12 report. Truist Financial cut its price target on Walt Disney shares from $160.00 to $135.00 and set a “buy” rating for the company in a Thursday, June 2 report. Loop Capital cut its price target on Walt Disney shares from $190.00 to $165.00 in a Monday, April 4 report. Finally, Wells Fargo & Company cut its price target on Walt Disney stock from $182.00 to $153.00 in a Thursday, May 12 report. One research analyst gave the stock a sell rating, five gave the company a hold rating and eighteen gave the company a buy rating. Based on data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $167.56.
Profile Walt Disney (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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