Prosperity Consulting Group LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS – Get Rating) by 4.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,418 shares of the entertainment giant’s stock after acquiring an additional 278 during the period. Prosperity Consulting Group LLC’s holdings in Walt Disney were worth $880,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of the company. Fifth Third Bancorp grew its position in shares of Walt Disney by 1.4% during the 1st quarter. Fifth Third Bancorp now owns 1,238,635 shares of the entertainment giant’s stock valued at $169,891,000 after acquiring an additional 17,654 shares during the period. Graypoint LLC boosted its holdings in Walt Disney by 6.4% in the 1st quarter. Graypoint LLC now owns 60,638 shares of the entertainment giant’s stock worth $8,317,000 after buying an additional 3,626 shares during the period. Manning & Napier Group LLC boosted its holdings in Walt Disney by 64.2% in the 1st quarter. Manning & Napier Group LLC now owns 172,646 shares of the entertainment giant’s stock worth $23,679,000 after buying an additional 67,477 shares during the period. TLW Wealth Management LLC boosted its holdings in Walt Disney by 0.5% in the 1st quarter. TLW Wealth Management LLC now owns 50,863 shares of the entertainment giant’s stock worth $6,976,000 after buying an additional 264 shares during the period. Finally, Joseph P. Lucia & Associates LLC boosted its holdings in Walt Disney by 7.7% in the 1st quarter. Joseph P. Lucia & Associates LLC now owns 10,019 shares of the entertainment giant’s stock worth $1,374,000 after buying an additional 714 shares during the period. 64.17% of the stock is owned by hedge funds and other institutional investors.
Walt Disney stock opened at $96.14 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.06 and a quick ratio of 1.01. The Walt Disney Company has a 1-year low of $92.01 and a 1-year high of $187.58. The firm has a market capitalization of $175.04 billion, a P/E ratio of 66.30, a price-to-earnings-growth ratio of 1.14 and a beta of 1.21. The company’s 50-day moving average is $104.51 and its 200 day moving average is $129.97.
Walt Disney (NYSE:DIS – Get Rating) last issued its earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. During the same quarter in the prior year, the company earned $0.79 earnings per share. Research analysts anticipate that The Walt Disney Company will post 4.03 earnings per share for the current fiscal year.
DIS has been the subject of several recent analyst reports. KeyCorp dropped their target price on shares of Walt Disney from $216.00 to $151.00 in a report on Thursday, May 12th. StockNews.com downgraded shares of Walt Disney from a “hold” rating to a “sell” rating in a report on Thursday, June 2nd. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Walt Disney from $191.00 to $130.00 in a report on Monday, June 6th. Moffett Nathanson dropped their target price on shares of Walt Disney from $165.00 to $150.00 and set a “neutral” rating for the company in a report on Monday, March 7th. Finally, Loop Capital decreased their price target on shares of Walt Disney from $190.00 to $165.00 in a research note on Monday, April 4th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $165.76.
About Walt Disney (Get Rating)
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.
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