The Walt Disney Company (NYSE:DIS) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 1.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,089,798 shares of the entertainment giant's stock after buying an additional 15,925 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.06% of Walt Disney worth $104,828,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. ESL Trust Services LLC acquired a new stake in shares of Walt Disney during the 1st quarter worth about $31,000. William B. Walkup & Associates Inc. acquired a new stake in shares of Walt Disney during the second quarter valued at about $32,000. Mascoma Wealth Management LLC raised its stake in shares of Walt Disney by 38.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant's stock valued at $44,000 after acquiring an additional 122 shares during the period. Red Tortoise LLC lifted its holdings in shares of Walt Disney by 141.4% in the 1st quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant's stock worth $45,000 after acquiring an additional 215 shares during the last quarter. Finally, First PREMIER Bank boosted its position in shares of Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock worth $50,000 after purchasing an additional 256 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Performance

DIS traded down $0.37 on Friday, hitting $95.03. 6,638,148 shares of the company traded hands, compared to its average volume of 10,864,460. The company has a 50 day moving average of $92.61 and a 200-day moving average of $98.26. The Walt Disney Company has a 12-month low of $79.23 and a 12-month high of $123.74. The stock has a market capitalization of $173.24 billion, a PE ratio of 103.29, a PEG ratio of 1.49 and a beta of 1.40. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38.

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 for the quarter, topping the consensus estimate of $1.20 by $0.19. The firm had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The company's revenue for the quarter was up 3.9% on a year-over-year basis. During the same period last year, the company earned $1.03 earnings per share. Sell-side analysts anticipate that The Walt Disney Company will post 4.92 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on DIS shares. Morgan Stanley decreased their price target on Walt Disney from $130.00 to $110.00 and set an "overweight" rating on the stock in a research note on Monday, August 5th. Evercore ISI lowered their target price on Walt Disney from $128.00 to $105.00 and set an "outperform" rating for the company in a report on Thursday, August 8th. UBS Group cut their price target on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, August 8th. Seaport Res Ptn raised shares of Walt Disney from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 30th. Finally, Wells Fargo & Company cut 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. Five analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Walt Disney has a consensus rating of "Moderate Buy" and an average target price of $118.05.

Insider Buying and Selling

In other Walt Disney news, Director Calvin Mcdonald bought 11,756 shares of the company's stock in a transaction on Thursday, August 8th. The shares were bought at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the transaction, the director now owns 22,313 shares of the company's stock, valued at approximately $1,897,943.78. This trade represents a 100.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.10% of the stock is currently owned by corporate insiders.

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.