Jaffetilchin Investment Partners LLC Takes $553,000 Position in Walt Disney Co (DIS)
Jaffetilchin Investment Partners LLC acquired a new stake in Walt Disney Co (NYSE:DIS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,144 shares of the entertainment giant’s stock, valued at approximately $553,000.
A number of other institutional investors have also recently made changes to their positions in the stock. Vantage Financial Partners Ltd. Inc. bought a new position in shares of Walt Disney during the second quarter valued at approximately $925,000. Legacy Advisors LLC bought a new position in shares of Walt Disney during the third quarter valued at approximately $137,000. Malaga Cove Capital LLC bought a new position in shares of Walt Disney during the third quarter valued at approximately $140,000. Krilogy Financial LLC grew its holdings in shares of Walt Disney by 13.2% during the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after purchasing an additional 166 shares during the last quarter. Finally, BDO Wealth Advisors LLC bought a new position in shares of Walt Disney during the second quarter valued at approximately $153,000. 61.23% of the stock is owned by hedge funds and other institutional investors.
DIS has been the subject of several recent research reports. Morgan Stanley lowered their target price on Walt Disney from $130.00 to $120.00 and set an “overweight” rating for the company in a report on Tuesday, October 31st. Piper Jaffray Companies set a $130.00 target price on Walt Disney and gave the company a “buy” rating in a report on Tuesday, October 31st. Citigroup reaffirmed a “buy” rating and set a $119.00 target price on shares of Walt Disney in a report on Wednesday, November 1st. Zacks Investment Research raised Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Finally, B. Riley reaffirmed a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. Walt Disney currently has a consensus rating of “Buy” and a consensus price target of $118.59.
Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.28. The firm had revenue of $15.35 billion during the quarter, compared to the consensus estimate of $15.47 billion. Walt Disney had a return on equity of 20.44% and a net margin of 19.61%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.55 earnings per share. equities analysts predict that Walt Disney Co will post 6.95 EPS for the current fiscal year.
About Walt Disney
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.
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