Todays Report: The Somerville Kurt F decides to keep it stake in The Walt Disney Co. (DIS) to the level of $221,000

The Somerville Kurt F decides to keep it stake in The Walt Disney Co. (DIS) to the level of $221,000

Somerville Kurt F continued to hold its position in shares of The Walt Disney Co. (NYSE:DIS) during the second quarter, Holdings Channel reports. The firm owned 2,265 shares of the entertainment giant’s stock at the end of the second quarter. Somerville Kurt F’s holdings in The Walt Disney were worth $221,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Cordasco Financial Network increased its position in shares of The Walt Disney by 149.8% in the second quarter. Cordasco Financial Network now owns 1,501 shares of the entertainment giant’s stock worth $147,000 after buying an additional 900 shares during the last quarter. Opera Trading Capital acquired a new position in shares of The Walt Disney during the first quarter worth about $158,000. Springbok Capital Management LLC increased its position in shares of The Walt Disney by 109.5% in the first quarter. Springbok Capital Management LLC now owns 1,635 shares of the entertainment giant’s stock worth $162,000 after buying an additional 18,835 shares during the last quarter. Gierl Augustine Investment Management Inc increased its position in shares of The Walt Disney by 7.7% in the second quarter. Gierl Augustine Investment Management Inc now owns 1,976 shares of the entertainment giant’s stock worth $193,000 after buying an additional 141 shares during the last quarter. Finally, MCF Advisors LLC increased its position in shares of The Walt Disney by 11.5% in the first quarter. MCF Advisors LLC now owns 1,999 shares of the entertainment giant’s stock worth $199,000 after buying an additional 206 shares during the last quarter. 57.92% of the stock is currently owned by institutional investors and hedge funds.

Shares of The Walt Disney Co. (NYSE:DIS) traded up 0.46% during midday trading on Friday, hitting $91.54. 931,846 shares of the stock were exchanged. The firm has a market cap of $147.11 billion, a P/E ratio of 16.45 and a beta of 1.25. The firm has a 50 day moving average of $93.04 and a 200 day moving average of $97.54. The Walt Disney Co. has a 12-month low of $86.25 and a 12-month high of $120.65.

The Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, August 9th. The entertainment giant reported $1.62 EPS for the quarter, topping the consensus estimate of $1.61 by $0.01. The Walt Disney had a net margin of 16.48% and a return on equity of 19.98%. The firm earned $14.20 billion during the quarter, compared to analyst estimates of $14.16 billion. During the same quarter in the prior year, the business posted $1.45 earnings per share. The Walt Disney’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities analysts forecast that The Walt Disney Co. will post $5.78 EPS for the current fiscal year.

A number of equities analysts have recently issued reports on DIS shares. Drexel Hamilton reaffirmed a “buy” rating on shares of The Walt Disney in a research report on Thursday, June 16th. Vetr lowered shares of The Walt Disney from a “strong-buy” rating to a “buy” rating and set a $108.99 price objective on the stock. in a report on Thursday, June 30th. Pivotal Research reissued a “buy” rating and set a $122.00 price objective on shares of The Walt Disney in a report on Sunday, July 24th. Citigroup Inc. dropped their price objective on shares of The Walt Disney from $120.00 to $117.00 and set a “buy” rating on the stock in a report on Thursday, August 11th. Finally, Hilliard Lyons raised shares of The Walt Disney to a “buy” rating in a report on Thursday, August 25th. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The Walt Disney currently has an average rating of “Hold” and an average target price of $109.71.

About The Walt Disney

The Walt Disney Company is a diversified entertainment company. The Company’s business segments include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations.

Related posts

Leave a Comment