LifePro Asset Management Makes New $409,000 Investment in The Walt Disney Company (NYSE:DIS)

LifePro Asset Management acquired a new position in The Walt Disney Company (NYSE:DIS) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 4,582 shares of the entertainment giant’s stock, valued at approximately $409,000.

Several other hedge funds and other institutional investors have also bought and sold shares of DIS. Dark Forest Capital Management LP purchased a new position in Walt Disney in the first quarter worth $28,000. Worth Asset Management LLC purchased a new position in Walt Disney in the first quarter worth $29,000. MBM Wealth Consultants LLC boosted its position in Walt Disney by 197.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 366 shares of the entertainment giant’s stock worth $33,000 after purchasing an additional 243 shares during the last quarter. Silicon Valley Capital Partners purchased a new position in Walt Disney in the fourth quarter worth $35,000. Finally, Fortis Capital Advisors LLC purchased a new position in Walt Disney in the fourth quarter worth $39,000. Hedge funds and other institutional investors own 61.17% of the company’s stock.

Insider Transactions at Walt Disney

In other news, EVP Sonia L. Coleman sold 959 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $89.05, for a total value of $85,398.95. Following the completion of the transaction, the executive vice president now owns 961 shares of the company’s stock, valued at approximately $85,577.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

DIS has been the topic of several research reports. KeyCorp lowered their target price on Walt Disney from $120.00 to $107.00 and set an “overweight” rating on the stock in a research note on Thursday, May 25th. Loop Capital lowered their target price on Walt Disney from $120.00 to $110.00 in a research note on Monday, June 26th. Citigroup lowered their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, August 16th. StockNews.com initiated coverage on Walt Disney in a research note on Thursday, August 17th. They issued a “sell” rating on the stock. Finally, Rosenblatt Securities boosted their target price on Walt Disney from $102.00 to $104.00 and gave the company a “buy” rating in a research note on Tuesday, September 12th. Two analysts have rated the stock with a sell rating, three have given a hold rating and eighteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $114.58.

Walt Disney Trading Down 0.6 %

DIS opened at $85.03 on Tuesday. The business has a 50 day simple moving average of $85.78 and a two-hundred day simple moving average of $91.59. The firm has a market capitalization of $155.58 billion, a price-to-earnings ratio of 69.13, a PEG ratio of 1.72 and a beta of 1.28. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.07 and a quick ratio of 1.00. The Walt Disney Company has a one year low of $79.75 and a one year high of $118.18.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, August 9th. The entertainment giant reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. The business had revenue of $22.33 billion during the quarter, compared to analyst estimates of $22.50 billion. Walt Disney had a return on equity of 6.45% and a net margin of 2.56%. Walt Disney’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.09 EPS. Analysts predict that The Walt Disney Company will post 3.68 EPS for the current year.

About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.