Roberts Wealth Advisors LLC Raises Stake in The Walt Disney Company $DIS

Roberts Wealth Advisors LLC raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,521 shares of the entertainment giant’s stock after acquiring an additional 899 shares during the period. Walt Disney comprises approximately 1.7% of Roberts Wealth Advisors LLC’s portfolio, making the stock its 15th biggest holding. Roberts Wealth Advisors LLC’s holdings in Walt Disney were worth $6,017,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. J. Safra Sarasin Holding AG raised its position in Walt Disney by 8.1% in the 1st quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock worth $21,983,000 after purchasing an additional 16,781 shares during the period. Planning Directions Inc. bought a new position in shares of Walt Disney during the first quarter valued at about $326,000. Kingstone Capital Partners Texas LLC bought a new position in shares of Walt Disney during the second quarter valued at about $4,220,599,000. Wedge Capital Management L L P NC increased its holdings in shares of Walt Disney by 8,744.0% in the second quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock worth $39,724,000 after buying an additional 316,707 shares during the period. Finally, WoodTrust Financial Corp lifted its stake in shares of Walt Disney by 6.7% in the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock valued at $9,491,000 after acquiring an additional 6,047 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Up 0.3%

Shares of Walt Disney stock opened at $112.83 on Tuesday. 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 company’s fifty day simple moving average is $115.97 and its two-hundred day simple moving average is $110.19. The company has a market cap of $202.86 billion, a P/E ratio of 17.68, a PEG ratio of 1.48 and a beta of 1.54. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping the consensus estimate of $1.45 by $0.16. The firm 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 company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company posted $1.39 EPS. Research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently issued reports on DIS. Needham & Company LLC restated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Tuesday, September 23rd. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Jefferies Financial Group downgraded shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Morgan Stanley increased their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Walt Disney in a report on Saturday, September 27th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average price target of $131.18.

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.