Mill Creek Capital Advisors LLC Has $3.24 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Mill Creek Capital Advisors LLC raised its position in The Walt Disney Company (NYSE:DIS) by 0.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,610 shares of the entertainment giant’s stock after purchasing an additional 141 shares during the period. Mill Creek Capital Advisors LLC’s holdings in Walt Disney were worth $3,238,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Mcdonald Partners LLC raised its stake in Walt Disney by 0.5% in the 1st quarter. Mcdonald Partners LLC now owns 17,975 shares of the entertainment giant’s stock valued at $2,199,000 after acquiring an additional 88 shares during the period. Sendero Wealth Management LLC raised its position in shares of Walt Disney by 2.0% in the first quarter. Sendero Wealth Management LLC now owns 4,649 shares of the entertainment giant’s stock valued at $569,000 after purchasing an additional 89 shares during the period. McKinley Carter Wealth Services Inc. lifted its stake in shares of Walt Disney by 1.5% during the 1st quarter. McKinley Carter Wealth Services Inc. now owns 5,894 shares of the entertainment giant’s stock valued at $721,000 after buying an additional 89 shares in the last quarter. Pflug Koory LLC boosted its holdings in Walt Disney by 1.0% in the 1st quarter. Pflug Koory LLC now owns 8,993 shares of the entertainment giant’s stock worth $1,100,000 after buying an additional 91 shares during the period. Finally, Regent Peak Wealth Advisors LLC lifted its position in shares of Walt Disney by 3.5% during the first quarter. Regent Peak Wealth Advisors LLC now owns 2,801 shares of the entertainment giant’s stock worth $343,000 after acquiring an additional 94 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on DIS. Wells Fargo & Company lowered their price target on shares of Walt Disney from $136.00 to $116.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. The Goldman Sachs Group initiated coverage on shares of Walt Disney in a research report on Tuesday, June 25th. They set a “buy” rating and a $125.00 price target for the company. Needham & Company LLC dropped their price objective on Walt Disney from $145.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Raymond James decreased their target price on Walt Disney from $123.00 to $101.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Finally, Evercore ISI dropped their price target on Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.43.

Insider Activity at Walt Disney

In other news, Director Calvin Mcdonald bought 11,756 shares of the stock in a transaction on Thursday, August 8th. The stock was bought at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the purchase, the director now directly owns 22,313 shares in the company, valued at $1,897,943.78. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is owned by corporate insiders.

Walt Disney Price Performance

Walt Disney stock opened at $92.96 on Tuesday. The firm has a 50-day moving average price of $90.59 and a 200-day moving average price of $101.70. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $169.47 billion, a PE ratio of 101.04, a price-to-earnings-growth ratio of 1.31 and a beta of 1.40.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.19. The company had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. Walt Disney’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.03 earnings per share. As a group, equities research analysts forecast that The Walt Disney Company will post 4.92 EPS for the current year.

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.