Parkside Financial Bank & Trust grew its position in Walt Disney Co (NYSE:DIS) by 8.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 4,315 shares of the entertainment giant’s stock after buying an additional 329 shares during the period. Parkside Financial Bank & Trust’s holdings in Walt Disney were worth $563,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Centerpoint Advisors LLC lifted its holdings in Walt Disney by 276.5% during the second quarter. Centerpoint Advisors LLC now owns 192 shares of the entertainment giant’s stock worth $27,000 after acquiring an additional 141 shares in the last quarter. JJJ Advisors Inc. increased its position in shares of Walt Disney by 96.8% in the third quarter. JJJ Advisors Inc. now owns 244 shares of the entertainment giant’s stock valued at $32,000 after acquiring an additional 120 shares during the last quarter. Garrett Wealth Advisory Group LLC acquired a new stake in shares of Walt Disney in the third quarter valued at about $36,000. SRS Capital Advisors Inc. acquired a new stake in shares of Walt Disney in the second quarter valued at about $39,000. Finally, Advocacy Wealth Management Services LLC increased its position in shares of Walt Disney by 52.8% in the third quarter. Advocacy Wealth Management Services LLC now owns 382 shares of the entertainment giant’s stock valued at $50,000 after acquiring an additional 132 shares during the last quarter. 68.42% of the stock is owned by institutional investors.
A number of analysts recently issued reports on DIS shares. Needham & Company LLC reaffirmed a “hold” rating on shares of Walt Disney in a research report on Friday, September 27th. Imperial Capital lowered their target price on Walt Disney from $140.00 to $139.00 and set an “in-line” rating on the stock in a research report on Thursday, September 19th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $150.00 target price on shares of Walt Disney in a research report on Friday. Sanford C. Bernstein set a $130.00 target price on Walt Disney and gave the company a “hold” rating in a research report on Thursday, September 12th. Finally, UBS Group lowered their target price on Walt Disney from $165.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday. Six equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. Walt Disney has a consensus rating of “Buy” and a consensus price target of $150.47.
Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.12. The firm had revenue of $19.10 billion for the quarter, compared to the consensus estimate of $19.02 billion. Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The business’s revenue was up 33.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.48 earnings per share. On average, analysts forecast that Walt Disney Co will post 5.74 earnings per share for the current 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 businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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