Carnegie Capital Asset Management LLC Increases Position in The Walt Disney Company (NYSE:DIS)

Carnegie Capital Asset Management LLC lifted its holdings in The Walt Disney Company (NYSE:DISGet Rating) by 9.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 219,074 shares of the entertainment giant’s stock after purchasing an additional 18,140 shares during the period. Walt Disney comprises about 1.1% of Carnegie Capital Asset Management LLC’s portfolio, making the stock its 16th largest holding. Carnegie Capital Asset Management LLC’s holdings in Walt Disney were worth $30,048,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Syverson Strege & Co increased its stake in Walt Disney by 384.8% during the 4th quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant’s stock worth $25,000 after buying an additional 127 shares in the last quarter. Sandy Cove Advisors LLC purchased a new stake in Walt Disney during the 4th quarter worth approximately $27,000. MBM Wealth Consultants LLC increased its stake in Walt Disney by 94.7% during the 4th quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant’s stock worth $34,000 after buying an additional 107 shares in the last quarter. Advanced Research Investment Solutions LLC increased its stake 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 worth $36,000 after buying an additional 75 shares in the last quarter. Finally, Delos Wealth Advisors LLC increased its stake in Walt Disney by 2,933.3% during the 4th quarter. Delos Wealth Advisors LLC now owns 273 shares of the entertainment giant’s stock worth $42,000 after buying an additional 264 shares in the last quarter. Hedge funds and other institutional investors own 64.17% of the company’s stock.

Walt Disney stock opened at $93.50 on Thursday. The Walt Disney Company has a twelve month low of $92.01 and a twelve month high of $187.58. The stock’s fifty day simple moving average is $108.79 and its 200-day simple moving average is $132.54. 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 firm has a market capitalization of $170.23 billion, a P/E ratio of 64.48, a P/E/G ratio of 1.09 and a beta of 1.21.

Walt Disney (NYSE:DISGet Rating) last posted its quarterly earnings data on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share 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 period in the previous year, the business posted $0.79 EPS. Sell-side analysts predict that The Walt Disney Company will post 4.03 earnings per share for the current year.

DIS has been the topic of several recent research reports. Rosenblatt Securities initiated coverage on Walt Disney in a report on Tuesday, April 19th. They set a “buy” rating and a $177.00 target price on the stock. Barclays lowered their target price on Walt Disney from $168.00 to $130.00 in a report on Friday, May 13th. Deutsche Bank Aktiengesellschaft lowered their target price on Walt Disney from $191.00 to $130.00 in a report on Monday, June 6th. Credit Suisse Group lowered their target price on Walt Disney from $218.00 to $170.00 in a report on Thursday, May 12th. Finally, Wolfe Research lowered 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. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $167.56.

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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