Investors Asset Management of Georgia Inc. GA ADV Buys 589 Shares of The Walt Disney Company (NYSE:DIS)

Investors Asset Management of Georgia Inc. GA ADV raised its stake in shares of The Walt Disney Company (NYSE:DIS) by 4.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 14,125 shares of the entertainment giant’s stock after purchasing an additional 589 shares during the period. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Walt Disney were worth $1,359,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. ESL Trust Services LLC purchased a new position in shares of Walt Disney in the first quarter valued at about $31,000. William B. Walkup & Associates Inc. purchased a new position in shares of Walt Disney in the second quarter valued at about $32,000. Mascoma Wealth Management LLC lifted its position in shares of Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after acquiring an additional 122 shares in the last quarter. First PREMIER Bank lifted its position in shares of Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after acquiring an additional 256 shares in the last quarter. Finally, Iron Horse Wealth Management LLC lifted its position in shares of Walt Disney by 148.7% in the second quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock valued at $55,000 after acquiring an additional 333 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Buying and Selling

In other news, Director Calvin Mcdonald acquired 11,756 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The shares were bought at an average price of $85.06 per share, with a total value of $999,965.36. Following the completion of the purchase, the director now directly owns 22,313 shares in the company, valued at $1,897,943.78. This trade represents a 100.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.10% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on DIS shares. Barclays lowered their price objective on Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Deutsche Bank Aktiengesellschaft decreased their target price on Walt Disney from $130.00 to $115.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Bank of America decreased their target price on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Finally, Raymond James reiterated a “market perform” rating on shares of Walt Disney in a research report on Tuesday, October 1st. Five analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $118.05.

Walt Disney Trading Down 0.4 %

Shares of DIS traded down $0.39 during mid-day trading on Friday, reaching $95.81. 7,944,869 shares of the company’s stock traded hands, compared to its average volume of 10,790,926. The stock has a market cap of $173.76 billion, a P/E ratio of 36.85, a P/E/G ratio of 1.51 and a beta of 1.40. The stock’s 50-day moving average is $93.16 and its two-hundred day moving average is $97.57. The Walt Disney Company has a 12 month low of $81.82 and a 12 month high of $123.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.19. The firm had revenue of $23.20 billion for 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 company’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.03 earnings per share. Research analysts forecast that The Walt Disney Company will post 4.93 earnings per share for the current fiscal year.

Walt Disney Company 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.