Foundations Investment Advisors LLC Boosts Stock Position in The Walt Disney Company (NYSE:DIS)



Foundations Investment Advisors LLC lifted its position in The Walt Disney Company (NYSE:DIS – Get Rating) by 4.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,420 shares of the entertainment giant’s stock after purchasing an additional 401 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Walt Disney were worth $1,229,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cypress Asset Management Inc. TX raised its position in Walt Disney by 0.4% during the 4th quarter. Cypress Asset Management Inc. TX now owns 19,913 shares of the entertainment giant’s stock shares valued at $3,084,000 after purchasing an additional 74 during the last quarter. Capital City Trust Co. FL raised its position in Walt Disney by 1.4% during the 4th quarter. Capital City Trust Co. FL now owns 5,507 shares of the entertainment giant’s shares stock valued at $853,000 after purchasing an additional 75 during the last quarter. American Research & Management Co. its raised position in Walt Disney by 6.6% during the 4th quarter. American Research & Management Co. now owns 1,216 shares of the entertainment giant’s stock valued at $188,000 after purchasing an additional 75 shares during the last quarter. Sterling Investment Advisors Ltd. its raised position in Walt Disney by 1.0% during the 4th quarter. Sterling Investment Advisors Ltd. Now owns 7,496 shares of the entertainment giant’s stock valued at $1,161,000 after purchasing an additional 75 during the last quarter. Finally, Advanced Research Investment Solutions LLC raised its position in Walt Disney by 46.0% during the 4th quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant’s stock valued at $36,000 after purchasing an additional 75 during the last quarter. Hedge funds and other institutional investors own 64.17% of the company’s stock.

A number of research analysts have weighed in on DIS shares. Deutsche Bank Aktiengesellschaft reduced their target price on Walt Disney from $191.00 to $130.00 in a report on Monday, June 6th. Morgan Stanley reduced their target price on Walt Disney from $170.00 to $125.00 and set an “overweight” rating on the stock in a report on Thursday. Wells Fargo & Company reduced their target price on Walt Disney from $182.00 to $153.00 in a report on Thursday, May 12th. Wolfe Research reduced their target price on Walt Disney from $211.00 to $128.00 and set an “outperform” rating on the stock in a report on Thursday, June 2nd. Finally, Moffett Nathanson reduced their target price on Walt Disney from $165.00 to $150.00 and set a “neutral” rating on the stock in a report on Monday, March 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $165.76.

Shares of DIS opened at $96.14 on Friday. The business’s fifty day simple moving average is $104.51 and its two-hundred day simple moving average is $129.84. The company has a current ratio of 1.06, a quick ratio of 1.01 and a debt-to-equity ratio of 0.49. The Walt Disney Company has a 12 month low of $92.01 and a 12 month high of $187.58. The company has a market cap of $175.04 billion, a price-to-earnings ratio of 66.30, a P/E/G ratio of 1.14 and a beta of 1.21.

Walt Disney (NYSE:DIS – Get Rating) last released its quarterly earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.11). Walt Disney had a net margin of 3.46% and a return on equity of 6.87%. During the same period in the prior year, the firm earned $0.79 EPS. As a group, research analysts forecast that The Walt Disney Company will post 4.03 EPS for the current year.

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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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)



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