Maltin Wealth Management Inc. increased its stake in shares of Walt Disney Co (NYSE:DIS) by 11.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,504 shares of the entertainment giant’s stock after buying an additional 257 shares during the quarter. Maltin Wealth Management Inc.’s holdings in Walt Disney were worth $242,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of DIS. LGL Partners LLC boosted its position in Walt Disney by 23.2% during the 1st quarter. LGL Partners LLC now owns 5,561 shares of the entertainment giant’s stock worth $537,000 after acquiring an additional 1,049 shares during the period. Motley Fool Asset Management LLC boosted its position in Walt Disney by 4.4% during the 1st quarter. Motley Fool Asset Management LLC now owns 32,574 shares of the entertainment giant’s stock worth $3,147,000 after acquiring an additional 1,369 shares during the period. Motley Fool Wealth Management LLC boosted its position in Walt Disney by 106.1% during the 1st quarter. Motley Fool Wealth Management LLC now owns 32,006 shares of the entertainment giant’s stock worth $3,092,000 after acquiring an additional 16,480 shares during the period. Cornerstone Wealth Management LLC boosted its position in Walt Disney by 81.2% during the 1st quarter. Cornerstone Wealth Management LLC now owns 19,974 shares of the entertainment giant’s stock worth $1,929,000 after acquiring an additional 8,949 shares during the period. Finally, Pictet Asset Management Ltd. boosted its position in Walt Disney by 1.0% during the 1st quarter. Pictet Asset Management Ltd. now owns 998,918 shares of the entertainment giant’s stock worth $96,496,000 after acquiring an additional 10,358 shares during the period. Hedge funds and other institutional investors own 62.81% of the company’s stock.

Several analysts have recently weighed in on DIS shares. Bank of America restated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a report on Wednesday, February 26th. Guggenheim downgraded Walt Disney from a “buy” rating to a “neutral” rating and set a $100.00 target price for the company. in a report on Thursday, April 2nd. Credit Suisse Group lowered Walt Disney from an “outperform” rating to a “neutral” rating and set a $116.00 price target on the stock. in a research report on Monday, April 20th. TheStreet lowered Walt Disney from a “b-” rating to a “c+” rating in a research report on Thursday, March 12th. Finally, Cowen upped their price target on Walt Disney from $154.00 to $159.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and thirteen have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $126.50.

Shares of DIS stock traded up $3.16 during trading hours on Wednesday, hitting $121.91. 8,520,988 shares of the company were exchanged, compared to its average volume of 21,672,342. Walt Disney Co has a 52-week low of $79.07 and a 52-week high of $153.41. The stock has a market capitalization of $214.49 billion, a price-to-earnings ratio of 41.02, a P/E/G ratio of 14.06 and a beta of 1.09. The company has a current ratio of 0.94, a quick ratio of 0.89 and a debt-to-equity ratio of 0.45. The firm has a fifty day simple moving average of $109.06 and a 200 day simple moving average of $126.20.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). Walt Disney had a return on equity of 9.09% and a net margin of 6.88%. The company had revenue of $18.01 billion for the quarter, compared to the consensus estimate of $17.49 billion. During the same period in the prior year, the firm posted $1.61 earnings per share. The business’s revenue was up 20.7% on a year-over-year basis. Sell-side analysts anticipate that Walt Disney Co will post 1.66 EPS for the current year.

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

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