The Walt Disney Company (NYSE:DIS) Shares Acquired by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC grew its holdings in The Walt Disney Company (NYSE:DIS) by 5.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,674 shares of the entertainment giant’s stock after purchasing an additional 1,906 shares during the quarter. Walt Disney makes up approximately 1.5% of Roberts Wealth Advisors LLC’s portfolio, making the stock its 20th largest holding. Roberts Wealth Advisors LLC’s holdings in Walt Disney were worth $4,142,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of DIS. Teza Capital Management LLC grew its position in shares of Walt Disney by 13.1% in the third quarter. Teza Capital Management LLC now owns 21,719 shares of the entertainment giant’s stock valued at $1,760,000 after purchasing an additional 2,510 shares during the last quarter. Sherbrooke Park Advisers LLC acquired a new stake in shares of Walt Disney in the third quarter valued at approximately $729,000. Gotham Asset Management LLC grew its position in shares of Walt Disney by 108.7% in the third quarter. Gotham Asset Management LLC now owns 76,509 shares of the entertainment giant’s stock valued at $6,201,000 after purchasing an additional 39,850 shares during the last quarter. Waverly Advisors LLC grew its position in shares of Walt Disney by 7.4% in the third quarter. Waverly Advisors LLC now owns 12,010 shares of the entertainment giant’s stock valued at $973,000 after purchasing an additional 823 shares during the last quarter. Finally, United Services Automobile Association grew its position in shares of Walt Disney by 13.1% in the third quarter. United Services Automobile Association now owns 48,702 shares of the entertainment giant’s stock valued at $3,947,000 after purchasing an additional 5,636 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DIS has been the topic of several recent analyst reports. Bank of America upped their price objective on shares of Walt Disney from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Morgan Stanley upped their price objective on shares of Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Argus upped their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Guggenheim upped their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. Finally, The Goldman Sachs Group initiated coverage on shares of Walt Disney in a research note on Tuesday, June 25th. They set a “buy” rating and a $125.00 price objective on the stock. 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $126.50.

Insider Activity at Walt Disney

In related news, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director James P. Gorman bought 20,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was bought at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the transaction, the director now owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction dated Thursday, May 9th. The stock was 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. Company insiders own 0.10% of the company’s stock.

Walt Disney Price Performance

DIS opened at $99.29 on Monday. The company has a fifty day simple moving average of $104.76 and a 200 day simple moving average of $104.74. The firm has a market cap of $181.01 billion, a price-to-earnings ratio of 107.93, a PEG ratio of 1.23 and a beta of 1.40. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. The business had revenue of $22.08 billion during 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%. The business’s revenue was up 1.2% on a year-over-year basis. During the same period last year, the business earned $0.93 EPS. Equities research 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.