46,226 Shares in The Walt Disney Company (NYSE:DIS) Acquired by Koss Olinger Consulting LLC

Koss Olinger Consulting LLC purchased a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 46,226 shares of the entertainment giant’s stock, valued at approximately $4,590,000.

A number of other institutional investors also recently modified their holdings of DIS. Gryphon Financial Partners LLC acquired a new stake in Walt Disney in the 4th quarter valued at approximately $603,000. AGF Management Ltd. boosted its position in shares of Walt Disney by 6,508.2% in the fourth quarter. AGF Management Ltd. now owns 340,787 shares of the entertainment giant’s stock valued at $30,770,000 after acquiring an additional 335,630 shares during the period. QRG Capital Management Inc. boosted its position in shares of Walt Disney by 10.4% in the fourth quarter. QRG Capital Management Inc. now owns 132,092 shares of the entertainment giant’s stock valued at $11,927,000 after acquiring an additional 12,495 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of Walt Disney by 2.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 61,002 shares of the entertainment giant’s stock worth $5,508,000 after acquiring an additional 1,644 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in Walt Disney by 1.6% during the fourth quarter. Principal Financial Group Inc. now owns 2,225,868 shares of the entertainment giant’s stock worth $200,974,000 after acquiring an additional 35,440 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

DIS has been the subject of a number of research analyst reports. Morgan Stanley cut their price objective on shares of Walt Disney from $130.00 to $110.00 and set an “overweight” rating for the company in a research report on Monday, August 5th. Macquarie reduced their price objective on Walt Disney from $107.00 to $94.00 and set a “neutral” rating for the company in a research report on Monday, August 12th. Raymond James decreased their price objective on Walt Disney from $123.00 to $101.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. The Goldman Sachs Group assumed coverage on Walt Disney in a research note on Tuesday, June 25th. They issued a “buy” rating and a $125.00 target price for the company. Finally, Wells Fargo & Company lowered their price target on shares of Walt Disney from $136.00 to $116.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $117.95.

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 company 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. The stock has a fifty day moving average price of $91.98 and a two-hundred day moving average price of $103.22. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.19. The business had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.03 earnings per share. Analysts predict that The Walt Disney Company will post 4.92 EPS for the current fiscal year.

Insider Transactions at Walt Disney

In other news, Director Calvin Mcdonald acquired 11,756 shares of the firm’s stock in a transaction on Thursday, August 8th. The shares were purchased at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the transaction, the director now owns 22,313 shares of the company’s stock, valued at $1,897,943.78. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 0.10% of the stock is owned by company insiders.

Walt Disney Profile

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.