CWA Asset Management Group LLC Purchases Shares of 30,589 The Walt Disney Company (NYSE:DIS)

CWA Asset Management Group LLC bought a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 30,589 shares of the entertainment giant's stock, valued at approximately $2,942,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quent Capital LLC increased its stake in shares of Walt Disney by 4.4% during the first quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant's stock worth $950,000 after purchasing an additional 327 shares in the last quarter. Sei Investments Co. increased its stake in Walt Disney by 25.0% during the 1st quarter. Sei Investments Co. now owns 595,506 shares of the entertainment giant's stock worth $72,865,000 after buying an additional 119,207 shares in the last quarter. Choate Investment Advisors raised its holdings in shares of Walt Disney by 11.3% during the first quarter. Choate Investment Advisors now owns 74,130 shares of the entertainment giant's stock valued at $9,071,000 after acquiring an additional 7,511 shares during the last quarter. NorthRock Partners LLC lifted its position in shares of Walt Disney by 4.3% in the first quarter. NorthRock Partners LLC now owns 17,314 shares of the entertainment giant's stock valued at $2,118,000 after acquiring an additional 708 shares in the last quarter. Finally, Pointe Capital Management LLC acquired a new stake in shares of Walt Disney in the first quarter worth approximately $282,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Trading Up 0.1 %

Shares of NYSE DIS traded up $0.09 during trading on Friday, reaching $99.02. The stock had a trading volume of 7,982,113 shares, compared to its average volume of 7,450,800. The business's 50-day moving average price is $93.90 and its 200-day moving average price is $96.93. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. The company has a market cap of $179.58 billion, a P/E ratio of 38.08, a PEG ratio of 1.57 and a beta of 1.40.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 by $0.19. The company had revenue of $23.20 billion for the quarter, compared to analyst estimates of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The business's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.03 earnings per share. On average, equities research analysts predict that The Walt Disney Company will post 4.93 EPS for the current fiscal year.

Analysts Set New Price Targets

DIS has been the topic of several recent research reports. Wells Fargo & Company lowered their target price on shares of Walt Disney from $136.00 to $116.00 and set an "overweight" rating on the stock in a research note on Thursday, August 8th. Loop Capital dropped their price objective on shares of Walt Disney from $139.00 to $130.00 and set a "buy" rating for the company in a research note on Tuesday, July 30th. Raymond James reissued a "market perform" rating on shares of Walt Disney in a research note on Tuesday, October 1st. Barclays dropped their price target on Walt Disney from $130.00 to $105.00 and set an "overweight" rating for the company in a research report on Thursday, August 8th. Finally, Seaport Res Ptn raised Walt Disney from a "hold" rating to a "strong-buy" rating in a report on Monday, September 30th. Five equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney currently has an average rating of "Moderate Buy" and an average price target of $118.05.

Walt Disney 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.