Savant Capital LLC Purchases 3,969 Shares of The Walt Disney Company (NYSE:DIS)

Savant Capital LLC boosted its position in The Walt Disney Company (NYSE:DIS) by 8.4% during the second quarter, HoldingsChannel reports. The fund owned 51,114 shares of the entertainment giant’s stock after buying an additional 3,969 shares during the quarter. Savant Capital LLC’s holdings in Walt Disney were worth $5,075,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mcdonald Partners LLC lifted its stake in shares of Walt Disney by 0.5% during the 1st quarter. Mcdonald Partners LLC now owns 17,975 shares of the entertainment giant’s stock valued at $2,199,000 after buying an additional 88 shares in the last quarter. McKinley Carter Wealth Services Inc. raised its holdings in Walt Disney by 1.5% during the 1st quarter. McKinley Carter Wealth Services Inc. now owns 5,894 shares of the entertainment giant’s stock valued at $721,000 after acquiring an additional 89 shares during the period. Sendero Wealth Management LLC lifted its position in shares of Walt Disney by 2.0% during the first quarter. Sendero Wealth Management LLC now owns 4,649 shares of the entertainment giant’s stock worth $569,000 after acquiring an additional 89 shares in the last quarter. Pflug Koory LLC boosted its holdings in shares of Walt Disney by 1.0% in the first quarter. Pflug Koory LLC now owns 8,993 shares of the entertainment giant’s stock worth $1,100,000 after acquiring an additional 91 shares during the period. Finally, Regent Peak Wealth Advisors LLC grew its position in shares of Walt Disney by 3.5% in the first quarter. Regent Peak Wealth Advisors LLC now owns 2,801 shares of the entertainment giant’s stock valued at $343,000 after purchasing an additional 94 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Buying and Selling

In related news, Director Calvin Mcdonald acquired 11,756 shares of the stock in a transaction on Thursday, August 8th. The stock was purchased at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the transaction, the director now owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.10% of the stock is owned by corporate insiders.

Walt Disney Trading Down 0.8 %

Shares of DIS opened at $87.94 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The firm has a 50 day moving average price of $91.98 and a 200-day moving average price of $103.22. The firm has a market cap of $160.32 billion, a price-to-earnings ratio of 95.59, a PEG ratio of 1.34 and a beta of 1.40.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.19. The business had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The company’s revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.03 earnings per share. As a group, equities research analysts forecast that The Walt Disney Company will post 4.92 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have commented on DIS. Moffett Nathanson cut their target price on Walt Disney from $130.00 to $125.00 and set a “buy” rating for the company in a research note on Tuesday, July 2nd. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. JPMorgan Chase & Co. decreased their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Needham & Company LLC reduced their price target on shares of Walt Disney from $145.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Finally, Wells Fargo & Company lowered their price objective on Walt Disney from $136.00 to $116.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $117.95.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.