Prime Capital Investment Advisors LLC Acquires 9,057 Shares of Walt Disney Co (NYSE:DIS)

Prime Capital Investment Advisors LLC grew its holdings in shares of Walt Disney Co (NYSE:DIS) by 16.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,271 shares of the entertainment giant’s stock after buying an additional 9,057 shares during the period. Walt Disney accounts for approximately 1.3% of Prime Capital Investment Advisors LLC’s holdings, making the stock its 14th biggest position. Prime Capital Investment Advisors LLC’s holdings in Walt Disney were worth $8,245,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in DIS. Neville Rodie & Shaw Inc. increased its holdings in shares of Walt Disney by 3.6% in the 2nd quarter. Neville Rodie & Shaw Inc. now owns 105,566 shares of the entertainment giant’s stock valued at $14,741,000 after acquiring an additional 3,669 shares during the last quarter. Bath Savings Trust Co lifted its position in Walt Disney by 1.7% during the 2nd quarter. Bath Savings Trust Co now owns 85,792 shares of the entertainment giant’s stock worth $11,980,000 after acquiring an additional 1,456 shares during the period. Thomasville National Bank lifted its position in Walt Disney by 1.4% during the 2nd quarter. Thomasville National Bank now owns 162,075 shares of the entertainment giant’s stock worth $22,632,000 after acquiring an additional 2,276 shares during the period. Private Trust Co. NA lifted its position in Walt Disney by 3.6% during the 2nd quarter. Private Trust Co. NA now owns 22,398 shares of the entertainment giant’s stock worth $3,127,000 after acquiring an additional 783 shares during the period. Finally, Baystate Wealth Management LLC lifted its position in Walt Disney by 2.7% during the 2nd quarter. Baystate Wealth Management LLC now owns 5,414 shares of the entertainment giant’s stock worth $767,000 after acquiring an additional 142 shares during the period. Institutional investors own 68.42% of the company’s stock.

A number of analysts have weighed in on DIS shares. Argus increased their price objective on Walt Disney to $160.00 and gave the stock a “buy” rating in a research report on Monday. Evercore ISI reaffirmed a “buy” rating and set a $155.00 price objective on shares of Walt Disney in a research report on Monday. Moffett Nathanson set a $150.00 price objective on Walt Disney and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Tigress Financial reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 26th. Finally, JPMorgan Chase & Co. reissued a “buy” rating and issued a $150.00 price target on shares of Walt Disney in a report on Friday. Five equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. Walt Disney presently has a consensus rating of “Buy” and a consensus target price of $152.05.

NYSE DIS traded down $1.64 during mid-day trading on Monday, hitting $136.32. The stock had a trading volume of 6,997,327 shares, compared to its average volume of 7,565,782. Walt Disney Co has a 52-week low of $100.35 and a 52-week high of $147.15. The company has a market cap of $245.56 billion, a price-to-earnings ratio of 19.25, a P/E/G ratio of 4.43 and a beta of 0.96. The company has a 50 day simple moving average of $131.00 and a 200 day simple moving average of $136.12. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.12. Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The firm had revenue of $19.10 billion during the quarter, compared to the consensus estimate of $19.02 billion. During the same period last year, the business posted $1.48 EPS. Walt Disney’s quarterly revenue was up 33.6% on a year-over-year basis. As a group, equities analysts anticipate that Walt Disney Co will post 5.74 earnings per share for the current fiscal year.

About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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