Fiducient Advisors LLC Grows Position in The Walt Disney Company (NYSE:DIS)

Fiducient Advisors LLC grew its stake in The Walt Disney Company (NYSE:DIS) by 4.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,283 shares of the entertainment giant’s stock after buying an additional 135 shares during the quarter. Fiducient Advisors LLC’s holdings in Walt Disney were worth $326,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DIS. Vanguard Group Inc. raised its stake in Walt Disney by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 153,769,084 shares of the entertainment giant’s stock worth $18,815,185,000 after acquiring an additional 2,325,582 shares during the period. Norges Bank purchased a new stake in shares of Walt Disney in the fourth quarter worth $1,938,647,000. Bank of New York Mellon Corp raised its position in shares of Walt Disney by 10.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 14,883,983 shares of the entertainment giant’s stock valued at $1,477,831,000 after purchasing an additional 1,449,730 shares during the period. Jennison Associates LLC purchased a new position in shares of Walt Disney during the 1st quarter valued at $1,490,492,000. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Walt Disney by 2.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,040,297 shares of the entertainment giant’s stock worth $1,473,252,000 after buying an additional 293,482 shares during the period. Institutional investors own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In other Walt Disney news, Director Calvin Mcdonald bought 11,756 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was acquired at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the transaction, the director now directly owns 22,313 shares of the company’s stock, valued at $1,897,943.78. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

DIS has been the topic of a number of recent analyst reports. Raymond James decreased their price target on Walt Disney from $123.00 to $101.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Bank of America lowered their price target on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Moffett Nathanson dropped their price target on Walt Disney from $130.00 to $125.00 and set a “buy” rating for the company in a research note on Tuesday, July 2nd. Needham & Company LLC reduced their price objective on shares of Walt Disney from $145.00 to $110.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Finally, Evercore ISI dropped their target price on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Three analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $117.95.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $87.94 on Friday. The stock has a 50 day moving average price of $91.98 and a 200-day moving average price of $103.22. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74. The stock has a market cap of $160.32 billion, a price-to-earnings ratio of 95.59, a price-to-earnings-growth ratio of 1.34 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72.

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, beating analysts’ consensus estimates of $1.20 by $0.19. The business had revenue of $23.20 billion for the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The business’s revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.03 earnings per share. Equities analysts expect that The Walt Disney Company will post 4.92 EPS for the current year.

Walt Disney Company Profile

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.