LifePro Asset Management Makes New Investment in The Walt Disney Company (NYSE:DIS)

LifePro Asset Management acquired a new position in shares of The Walt Disney Company (NYSE:DIS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,582 shares of the entertainment giant’s stock, valued at approximately $409,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GW Henssler & Associates Ltd. grew its position in shares of Walt Disney by 2.0% during the 1st quarter. GW Henssler & Associates Ltd. now owns 6,825 shares of the entertainment giant’s stock worth $683,000 after buying an additional 133 shares during the period. Ridgewood Investments LLC grew its position in shares of Walt Disney by 31.0% during the 1st quarter. Ridgewood Investments LLC now owns 6,522 shares of the entertainment giant’s stock worth $653,000 after buying an additional 1,544 shares during the period. Handelsbanken Fonder AB grew its position in shares of Walt Disney by 6.5% during the 1st quarter. Handelsbanken Fonder AB now owns 454,608 shares of the entertainment giant’s stock worth $45,520,000 after buying an additional 27,767 shares during the period. Regal Partners Ltd acquired a new position in shares of Walt Disney during the 4th quarter worth about $28,203,000. Finally, Summit Place Financial Advisors LLC grew its position in shares of Walt Disney by 2.0% during the 1st quarter. Summit Place Financial Advisors LLC now owns 27,634 shares of the entertainment giant’s stock worth $2,767,000 after buying an additional 551 shares during the period. 61.17% of the stock is owned by institutional investors.

Walt Disney Trading Down 0.6 %

Shares of Walt Disney stock opened at $85.03 on Tuesday. The Walt Disney Company has a 12-month low of $79.75 and a 12-month high of $118.18. The business’s 50 day moving average is $85.78 and its 200-day moving average is $91.59. The company has a quick ratio of 1.00, a current ratio of 1.07 and a debt-to-equity ratio of 0.44. The stock has a market cap of $155.58 billion, a P/E ratio of 69.13, a P/E/G ratio of 1.72 and a beta of 1.28.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 9th. The entertainment giant reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. Walt Disney had a return on equity of 6.45% and a net margin of 2.56%. The business had revenue of $22.33 billion for the quarter, compared to analysts’ expectations of $22.50 billion. During the same quarter in the prior year, the business earned $1.09 EPS. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. Equities research analysts predict that The Walt Disney Company will post 3.68 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DIS has been the subject of several analyst reports. Atlantic Securities lowered Walt Disney from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $113.00 to $76.00 in a research report on Tuesday, July 25th. Credit Suisse Group decreased their price objective on Walt Disney from $126.00 to $122.00 and set an “outperform” rating for the company in a research report on Monday, August 21st. StockNews.com began coverage on Walt Disney in a research report on Thursday, August 17th. They issued a “sell” rating for the company. Rosenblatt Securities boosted their price objective on Walt Disney from $102.00 to $104.00 and gave the company a “buy” rating in a research report on Tuesday, September 12th. Finally, KeyCorp decreased their price objective on Walt Disney from $120.00 to $107.00 and set an “overweight” rating for the company in a research report on Thursday, May 25th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eighteen have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $114.58.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 959 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $89.05, for a total transaction of $85,398.95. Following the transaction, the executive vice president now owns 961 shares in the company, valued at approximately $85,577.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is owned by company insiders.

About Walt Disney

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