Francis Financial Inc. Boosts Stake in The Walt Disney Company (NYSE:DIS)

Francis Financial Inc. lifted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 37.6% during the first quarter, Holdings Channel reports. The fund owned 3,173 shares of the entertainment giant’s stock after purchasing an additional 867 shares during the quarter. Francis Financial Inc.’s holdings in Walt Disney were worth $388,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Planned Solutions Inc. bought a new stake in shares of Walt Disney in the 4th quarter worth about $26,000. Gold Investment Management Ltd. bought a new position in Walt Disney during the 4th quarter worth approximately $28,000. Fortis Group Advisors LLC bought a new stake in shares of Walt Disney in the 3rd quarter valued at approximately $30,000. Stone House Investment Management LLC increased its stake in Walt Disney by 355.3% during the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after purchasing an additional 270 shares during the last quarter. Finally, Partnership Wealth Management LLC acquired a new stake in shares of Walt Disney during the fourth quarter worth $33,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Activity at Walt Disney

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DIS. Rosenblatt Securities boosted their price objective on shares of Walt Disney from $129.00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Macquarie increased their price target on Walt Disney from $104.00 to $107.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Deutsche Bank Aktiengesellschaft upped their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Barclays reduced their price target on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating for the company in a report on Wednesday, May 8th. Finally, Daiwa Capital Markets reaffirmed a “buy” rating and issued a $133.00 price objective on shares of Walt Disney in a report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have issued a buy rating to the company’s stock. According to MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average price target of $126.50.

Walt Disney Trading Down 2.8 %

DIS stock opened at $99.29 on Monday. The business has a fifty day moving average price of $104.76 and a 200 day moving average price of $104.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.75 and a quick ratio of 0.69. The stock has a market capitalization of $181.01 billion, a price-to-earnings ratio of 107.93, a P/E/G ratio of 1.23 and a beta of 1.40. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (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 analyst estimates of $22.12 billion. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. Walt Disney’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.93 earnings per share. Analysts expect that The Walt Disney Company will post 4.76 EPS for the current fiscal year.

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.