Sicart Associates LLC grew its position in shares of Walt Disney Co (NYSE:DIS) by 24.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,721 shares of the entertainment giant’s stock after buying an additional 6,466 shares during the quarter. Walt Disney makes up about 1.2% of Sicart Associates LLC’s investment portfolio, making the stock its 24th largest holding. Sicart Associates LLC’s holdings in Walt Disney were worth $3,649,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Global Trust Asset Management LLC lifted its holdings in Walt Disney by 111.6% in the 1st quarter. Global Trust Asset Management LLC now owns 4,418 shares of the entertainment giant’s stock worth $441,000 after purchasing an additional 2,330 shares during the last quarter. Foundations Investment Advisors LLC lifted its holdings in Walt Disney by 13.8% in the 1st quarter. Foundations Investment Advisors LLC now owns 2,126 shares of the entertainment giant’s stock worth $202,000 after purchasing an additional 257 shares during the last quarter. Chemung Canal Trust Co. lifted its holdings in Walt Disney by 1.9% in the 1st quarter. Chemung Canal Trust Co. now owns 67,214 shares of the entertainment giant’s stock worth $6,493,000 after purchasing an additional 1,258 shares during the last quarter. Independent Investors Inc. lifted its holdings in Walt Disney by 1.5% in the 1st quarter. Independent Investors Inc. now owns 51,171 shares of the entertainment giant’s stock worth $4,943,000 after purchasing an additional 776 shares during the last quarter. Finally, Triangle Securities Wealth Management lifted its holdings in Walt Disney by 1.1% in the 1st quarter. Triangle Securities Wealth Management now owns 23,735 shares of the entertainment giant’s stock worth $2,293,000 after purchasing an additional 255 shares during the last quarter. Institutional investors and hedge funds own 62.66% of the company’s stock.

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. restated a “buy” rating on shares of Walt Disney in a report on Friday, May 8th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research report on Wednesday, May 6th. Wells Fargo & Co lifted their price target on Walt Disney from $107.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Friday, June 19th. UBS Group reaffirmed a “hold” rating and issued a $126.00 price target on shares of Walt Disney in a research report on Thursday, June 25th. Finally, SunTrust Banks lifted their price target on Walt Disney from $110.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and thirteen have given a buy rating to the company. Walt Disney has a consensus rating of “Hold” and a consensus price target of $125.35.

NYSE:DIS traded up $1.28 during trading hours on Friday, reaching $116.94. The company had a trading volume of 9,623,821 shares, compared to its average volume of 10,175,387. The stock has a 50-day moving average of $115.68 and a two-hundred day moving average of $117.27. Walt Disney Co has a one year low of $79.07 and a one year high of $153.41. The firm has a market capitalization of $211.22 billion, a PE ratio of 39.51, a PEG ratio of 13.50 and a beta of 1.10. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 0.45.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The company had revenue of $18.01 billion during the quarter, compared to the consensus estimate of $17.49 billion. During the same quarter last year, the company earned $1.61 earnings per share. The business’s revenue was up 20.7% on a year-over-year basis. As a group, sell-side analysts expect that Walt Disney Co will post 1.38 earnings per share 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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