HC Financial Advisors Inc. bought a new stake in shares of Walt Disney Co (NYSE:DIS) during the 2nd quarter, Holdings Channel reports. The firm bought 28,505 shares of the entertainment giant’s stock, valued at approximately $2,988,000. Walt Disney comprises approximately 2.9% of HC Financial Advisors Inc.’s investment portfolio, making the stock its 7th largest position.

A number of other large investors have also added to or reduced their stakes in DIS. Live Your Vision LLC lifted its holdings in Walt Disney by 91.6% in the 2nd quarter. Live Your Vision LLC now owns 1,046 shares of the entertainment giant’s stock worth $113,000 after purchasing an additional 500 shares during the last quarter. Trilogy Capital Inc. acquired a new stake in Walt Disney in the 1st quarter worth approximately $107,000. BDO Wealth Advisors LLC lifted its holdings in Walt Disney by 184.3% in the 1st quarter. BDO Wealth Advisors LLC now owns 1,140 shares of the entertainment giant’s stock worth $114,000 after purchasing an additional 739 shares during the last quarter. Bruderman Asset Management LLC acquired a new stake in Walt Disney in the 1st quarter worth approximately $116,000. Finally, Marshall & Sullivan Inc. WA acquired a new stake in Walt Disney in the 2nd quarter worth approximately $121,000. 63.05% of the stock is currently owned by institutional investors.

In other news, EVP Brent Woodford sold 768 shares of the company’s stock in a transaction that occurred on Monday, July 2nd. The stock was sold at an average price of $104.35, for a total transaction of $80,140.80. Following the completion of the transaction, the executive vice president now directly owns 28,493 shares in the company, valued at $2,973,244.55. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Mary Jayne Parker sold 130,074 shares of the company’s stock in a transaction that occurred on Monday, August 6th. The stock was sold at an average price of $114.99, for a total value of $14,957,209.26. Following the transaction, the executive vice president now owns 43,048 shares of the company’s stock, valued at $4,950,089.52. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 710,954 shares of company stock valued at $80,620,932. Corporate insiders own 0.38% of the company’s stock.

DIS has been the subject of several analyst reports. Zacks Investment Research upgraded Walt Disney from a “sell” rating to a “hold” rating in a report on Monday. BMO Capital Markets boosted their target price on Walt Disney from $100.00 to $110.00 and gave the stock a “market perform” rating in a report on Wednesday, August 8th. Pivotal Research lowered Walt Disney from a “hold” rating to a “sell” rating and set a $93.00 target price for the company. in a report on Monday, June 18th. ValuEngine upgraded Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, June 15th. Finally, B. Riley reduced their target price on Walt Disney from $123.00 to $121.00 and set a “buy” rating for the company in a report on Wednesday, August 8th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $119.45.

Shares of DIS stock opened at $110.67 on Friday. Walt Disney Co has a 12 month low of $96.80 and a 12 month high of $117.90. The company has a market cap of $163.00 billion, a PE ratio of 19.42, a price-to-earnings-growth ratio of 1.45 and a beta of 1.31. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.88 and a quick ratio of 0.81.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, August 7th. The entertainment giant reported $1.87 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.10). Walt Disney had a return on equity of 21.37% and a net margin of 20.76%. The business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.49 billion. During the same quarter last year, the firm earned $1.58 earnings per share. equities analysts anticipate that Walt Disney Co will post 6.92 earnings per share for the current fiscal year.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

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

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