Embree Financial Group Has $1.28 Million Stake in The Walt Disney Company (NYSE:DIS)

Embree Financial Group reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 5.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,273 shares of the entertainment giant’s stock after selling 827 shares during the period. Embree Financial Group’s holdings in Walt Disney were worth $1,277,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. ESL Trust Services LLC acquired a new stake in shares of Walt Disney during the first quarter worth $31,000. William B. Walkup & Associates Inc. acquired a new stake in Walt Disney in the 2nd quarter worth about $32,000. Red Tortoise LLC boosted its holdings in Walt Disney by 141.4% in the 1st quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant’s stock valued at $45,000 after purchasing an additional 215 shares during the period. O Brien Wealth Partners LLC acquired a new position in shares of Walt Disney during the 1st quarter worth approximately $51,000. Finally, Mascoma Wealth Management LLC increased its holdings in shares of Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Price Performance

Shares of NYSE DIS opened at $97.28 on Friday. The company has a market capitalization of $177.35 billion, a PE ratio of 105.74, a P/E/G ratio of 1.49 and a beta of 1.40. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a twelve month low of $79.23 and a twelve month high of $123.74. The firm has a fifty day simple moving average of $91.72 and a 200 day simple moving average of $98.89.

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

Wall Street Analysts Forecast Growth

DIS has been the subject of several recent research reports. The Goldman Sachs Group initiated coverage on Walt Disney in a research note on Tuesday, June 25th. They issued a “buy” rating and a $125.00 price target for the company. UBS Group cut their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Macquarie cut their price objective on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating for the company in a research report on Thursday, September 19th. Finally, Bank of America reduced their target price on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $118.05.

Insiders Place Their Bets

In related news, Director Calvin Mcdonald acquired 11,756 shares of Walt Disney stock in a transaction dated Thursday, August 8th. The stock was bought at an average price of $85.06 per share, with a total value of $999,965.36. Following the transaction, the director now directly owns 22,313 shares in the company, valued at $1,897,943.78. This represents a 100.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 0.10% of the stock is currently owned by corporate insiders.

About Walt Disney

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.