Mitchell Mcleod Pugh & Williams Inc. Has $1.65 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Mitchell Mcleod Pugh & Williams Inc. lessened its stake in shares of The Walt Disney Company (NYSE:DIS) by 1.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,169 shares of the entertainment giant’s stock after selling 286 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Walt Disney were worth $1,652,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Tyler Stone Wealth Management raised its holdings in shares of Walt Disney by 90.9% during the third quarter. Tyler Stone Wealth Management now owns 3,163 shares of the entertainment giant’s stock valued at $304,000 after acquiring an additional 1,506 shares during the period. Baker Avenue Asset Management LP raised its stake in Walt Disney by 105.2% during the 3rd quarter. Baker Avenue Asset Management LP now owns 4,937 shares of the entertainment giant’s stock valued at $475,000 after purchasing an additional 2,531 shares during the period. Mayflower Financial Advisors LLC lifted its holdings in shares of Walt Disney by 2.8% in the third quarter. Mayflower Financial Advisors LLC now owns 7,112 shares of the entertainment giant’s stock valued at $684,000 after purchasing an additional 192 shares in the last quarter. Axxcess Wealth Management LLC boosted its position in shares of Walt Disney by 13.2% in the third quarter. Axxcess Wealth Management LLC now owns 64,819 shares of the entertainment giant’s stock worth $6,235,000 after buying an additional 7,538 shares during the period. Finally, Eagle Bluffs Wealth Management LLC grew its holdings in shares of Walt Disney by 0.7% during the third quarter. Eagle Bluffs Wealth Management LLC now owns 15,890 shares of the entertainment giant’s stock valued at $1,528,000 after buying an additional 114 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Trading Up 0.1 %

NYSE:DIS traded up $0.09 on Friday, hitting $99.02. 7,982,113 shares of the stock were exchanged, compared to its average volume of 7,450,800. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The stock has a market capitalization of $179.58 billion, a price-to-earnings ratio of 38.08, a P/E/G ratio of 1.57 and a beta of 1.40. The company’s 50-day moving average price is $93.90 and its 200 day moving average price is $97.05.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.19. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The firm had revenue of $23.20 billion for the quarter, compared to analysts’ expectations of $23.08 billion. During the same period last year, the firm earned $1.03 earnings per share. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. On average, equities research analysts forecast that The Walt Disney Company will post 4.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on DIS shares. Needham & Company LLC reissued a “buy” rating and issued a $110.00 price objective on shares of Walt Disney in a research note on Wednesday, October 23rd. Loop Capital cut their target price on shares of Walt Disney from $139.00 to $130.00 and set a “buy” rating for the company in a research report on Tuesday, July 30th. Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Morgan Stanley cut their price objective on Walt Disney from $130.00 to $110.00 and set an “overweight” rating for the company in a report on Monday, August 5th. Finally, Bank of America lowered their target price on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Five investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average price target of $118.05.

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.