Atlas Brown Inc. Has $2.52 Million Holdings in The Walt Disney Company (NYSE:DIS)

Atlas Brown Inc. grew its position in shares of The Walt Disney Company (NYSE:DIS) by 5.0% in the 1st quarter, HoldingsChannel reports. The fund owned 20,562 shares of the entertainment giant’s stock after buying an additional 981 shares during the period. Atlas Brown Inc.’s holdings in Walt Disney were worth $2,516,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Weil Company Inc. increased its holdings in shares of Walt Disney by 0.5% in the 4th quarter. Weil Company Inc. now owns 20,295 shares of the entertainment giant’s stock worth $1,832,000 after purchasing an additional 101 shares in the last quarter. BlackDiamond Wealth Management LLC grew its holdings in shares of Walt Disney by 3.3% in the fourth quarter. BlackDiamond Wealth Management LLC now owns 3,286 shares of the entertainment giant’s stock worth $318,000 after acquiring an additional 104 shares during the period. Evolution Advisers Inc. grew its holdings in shares of Walt Disney by 38.2% in the fourth quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock worth $34,000 after acquiring an additional 105 shares during the period. Gradient Capital Advisors LLC grew its holdings in shares of Walt Disney by 2.9% in the fourth quarter. Gradient Capital Advisors LLC now owns 3,975 shares of the entertainment giant’s stock worth $359,000 after acquiring an additional 111 shares during the period. Finally, First Business Financial Services Inc. grew its holdings in shares of Walt Disney by 0.7% in the third quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock worth $1,338,000 after acquiring an additional 113 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $101.50 on Thursday. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $185.04 billion, a price-to-earnings ratio of 110.33, a PEG ratio of 1.26 and a beta of 1.40. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74. The stock’s 50-day simple moving average is $106.45 and its 200-day simple moving average is $104.18.

Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. The company had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $22.12 billion. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.93 earnings per share. As a group, analysts expect that The Walt Disney Company will post 4.75 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director James P. Gorman bought 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The shares were bought at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the transaction, the director now owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director James P. Gorman acquired 20,000 shares of Walt Disney stock in a transaction on Wednesday, May 8th. The shares were bought at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the purchase, the director now directly owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on DIS shares. Tigress Financial reaffirmed a “buy” rating and issued a $136.00 price objective on shares of Walt Disney in a report on Wednesday, February 21st. Rosenblatt Securities lifted their price objective on Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. Morgan Stanley lifted their price objective on Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a report on Monday, March 4th. Bank of America lifted their price objective on Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Finally, Loop Capital boosted their price target on Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a report on Monday, May 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $126.29.

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.