Billeaud Capital Management Inc. continued to hold its position in Walt Disney Company (The) (NYSE:DIS) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69,080 shares of the entertainment giant’s stock at the close of the 2nd quarter. Walt Disney Company (The) accounts for about 3.6% of Billeaud Capital Management Inc.’s investment portfolio, making the stock its 6th largest holding. Billeaud Capital Management Inc.’s holdings in Walt Disney Company (The) were worth $5,774,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. Sumitomo Mitsui Financial Group Inc. acquired a new stake in Walt Disney Company (The) during the first quarter valued at $144,000. Feltz Wealth PLAN Inc. acquired a new stake in Walt Disney Company (The) during the first quarter valued at $173,000. Paragon Capital Management Ltd acquired a new stake in Walt Disney Company (The) during the first quarter valued at $200,000. Evanson Asset Management LLC boosted its position in Walt Disney Company (The) by 5.3% during the second quarter. Evanson Asset Management LLC now owns 2,070 shares of the entertainment giant’s stock valued at $220,000 after purchasing an additional 104 shares during the last quarter. Finally, Harwood Advisory Group LLC boosted its position in Walt Disney Company (The) by 0.6% during the second quarter. Harwood Advisory Group LLC now owns 2,071 shares of the entertainment giant’s stock valued at $220,000 after purchasing an additional 12 shares during the last quarter. 61.48% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have weighed in on DIS shares. BMO Capital Markets restated an “underperform” rating and set a $90.00 target price (down from $95.00) on shares of Walt Disney Company (The) in a report on Thursday, August 10th. Loop Capital restated a “hold” rating and set a $108.00 target price on shares of Walt Disney Company (The) in a report on Thursday, August 10th. Goldman Sachs Group, Inc. (The) set a $133.00 target price on Walt Disney Company (The) and gave the company a “buy” rating in a report on Wednesday, August 9th. Wells Fargo & Company restated a “market perform” rating and set a $109.00 target price on shares of Walt Disney Company (The) in a report on Thursday, August 10th. Finally, BidaskClub lowered Walt Disney Company (The) from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-one have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $113.98.

In other news, Director Maria Elena Lagomasino acquired 976 shares of Walt Disney Company (The) stock in a transaction on Thursday, August 10th. The stock was acquired at an average cost of $102.34 per share, with a total value of $99,883.84. Following the transaction, the director now owns 7,513 shares of the company’s stock, valued at approximately $768,880.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 13.00% of the company’s stock.

Walt Disney Company (NYSE:DIS) traded up 0.78% on Wednesday, reaching $98.65. The company’s stock had a trading volume of 3,690,219 shares. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10. The firm has a market cap of $152.26 billion, a P/E ratio of 17.50 and a beta of 1.42. The firm’s 50 day moving average is $103.38 and its 200-day moving average is $107.89.

Walt Disney Company (The) (NYSE:DIS) last posted its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping the consensus estimate of $1.53 by $0.05. The company had revenue of $14.24 billion during the quarter, compared to the consensus estimate of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The firm’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.62 earnings per share. On average, equities research analysts anticipate that Walt Disney Company will post $5.82 EPS for the current year.

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Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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

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