Haverford Trust Co. boosted its holdings in Walt Disney Co (NYSE:DIS) by 1.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 963,931 shares of the entertainment giant’s stock after acquiring an additional 14,054 shares during the quarter. Walt Disney accounts for about 2.2% of Haverford Trust Co.’s investment portfolio, making the stock its 16th largest position. Haverford Trust Co. owned 0.05% of Walt Disney worth $125,619,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in DIS. Centerpoint Advisors LLC increased its position in shares of Walt Disney by 276.5% during the 2nd quarter. Centerpoint Advisors LLC now owns 192 shares of the entertainment giant’s stock valued at $27,000 after purchasing an additional 141 shares during the last quarter. JJJ Advisors Inc. increased its position in shares of Walt Disney by 96.8% during the 3rd quarter. JJJ Advisors Inc. now owns 244 shares of the entertainment giant’s stock valued at $32,000 after purchasing an additional 120 shares during the last quarter. Garrett Wealth Advisory Group LLC bought a new position in shares of Walt Disney during the 3rd quarter valued at about $36,000. SRS Capital Advisors Inc. bought a new position in shares of Walt Disney during the 2nd quarter valued at about $39,000. Finally, Advocacy Wealth Management Services LLC increased its position in shares of Walt Disney by 52.8% during the 3rd quarter. Advocacy Wealth Management Services LLC now owns 382 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 132 shares during the last quarter. Institutional investors and hedge funds own 68.42% of the company’s stock.
NYSE DIS traded up $5.00 on Friday, hitting $137.96. The company’s stock had a trading volume of 24,163,996 shares, compared to its average volume of 7,565,782. Walt Disney Co has a 52-week low of $100.35 and a 52-week high of $147.15. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.38. The company’s 50-day simple moving average is $130.93 and its 200 day simple moving average is $136.10. The firm has a market cap of $246.83 billion, a P/E ratio of 19.49, a PEG ratio of 4.43 and a beta of 0.96.
Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.12. Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The business had revenue of $19.10 billion during the quarter, compared to analysts’ expectations of $19.02 billion. During the same quarter last year, the business posted $1.48 EPS. The business’s revenue was up 33.6% on a year-over-year basis. On average, research analysts forecast that Walt Disney Co will post 5.74 EPS for the current fiscal year.
Several equities research analysts recently weighed in on the company. Imperial Capital dropped their target price on Walt Disney from $140.00 to $139.00 and set an “in-line” rating for the company in a report on Thursday, September 19th. UBS Group dropped their target price on Walt Disney from $165.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday. JPMorgan Chase & Co. set a $150.00 target price on Walt Disney and gave the company a “buy” rating in a report on Friday. Wells Fargo & Co dropped their target price on Walt Disney from $173.00 to $167.00 and set an “outperform” rating for the company in a report on Friday. Finally, Needham & Company LLC restated a “hold” rating on shares of Walt Disney in a report on Friday, September 27th. Seven research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $150.47.
Walt Disney Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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