Seamount Financial Group Inc. Has $412,000 Stock Holdings in The Walt Disney Company $DIS

Seamount Financial Group Inc. lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 39.7% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,325 shares of the entertainment giant’s stock after buying an additional 945 shares during the quarter. Seamount Financial Group Inc.’s holdings in Walt Disney were worth $412,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. bought a new position in Walt Disney during the first quarter worth about $26,000. DiNuzzo Private Wealth Inc. increased its holdings in shares of Walt Disney by 82.5% during the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 94 shares during the period. Kessler Investment Group LLC increased its holdings in shares of Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after purchasing an additional 200 shares during the period. First PREMIER Bank raised its position in shares of Walt Disney by 72.2% in the first quarter. First PREMIER Bank now owns 489 shares of the entertainment giant’s stock valued at $48,000 after buying an additional 205 shares in the last quarter. Finally, Capitol Family Office Inc. bought a new stake in shares of Walt Disney in the first quarter valued at approximately $52,000. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. UBS Group raised their price objective on Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Stephens reiterated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Susquehanna restated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Guggenheim boosted their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, June 27th. Finally, Citigroup upped their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Nineteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Price Performance

Walt Disney stock opened at $112.83 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The stock has a market capitalization of $202.86 billion, a P/E ratio of 17.68, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54. The stock has a fifty day moving average of $115.97 and a 200-day moving average of $110.19.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same period last year, the firm posted $1.39 earnings per share. Walt Disney’s revenue was up 2.1% compared to the same quarter last year. On average, sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

About Walt Disney

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.