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

Investors Asset Management of Georgia Inc. GA ADV raised its holdings in The Walt Disney Company (NYSE:DIS) by 4.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,125 shares of the entertainment giant’s stock after buying an additional 589 shares during the quarter. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Walt Disney were worth $1,359,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. ESL Trust Services LLC bought a new stake in shares of Walt Disney in the 1st quarter worth approximately $31,000. William B. Walkup & Associates Inc. bought a new stake in shares of Walt Disney in the 2nd quarter worth approximately $32,000. Mascoma Wealth Management LLC grew its position in shares of Walt Disney by 38.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after buying an additional 122 shares during the last quarter. First PREMIER Bank lifted its stake in shares of Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 256 shares during the period. Finally, Iron Horse Wealth Management LLC lifted its stake in shares of Walt Disney by 148.7% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock valued at $55,000 after purchasing an additional 333 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Walt Disney Stock Performance

Shares of DIS traded down $0.39 during trading hours on Friday, hitting $95.81. The stock had a trading volume of 7,944,869 shares, compared to its average volume of 10,790,926. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a 12 month low of $81.82 and a 12 month high of $123.74. The firm has a market capitalization of $173.76 billion, a PE ratio of 36.85, a PEG ratio of 1.51 and a beta of 1.40. The stock has a fifty day moving average price of $93.16 and a 200 day moving average price of $97.57.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, topping the consensus estimate of $1.20 by $0.19. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The company had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. During the same quarter in the previous year, the company posted $1.03 earnings per share. Walt Disney’s revenue was up 3.9% compared to the same quarter last year. Analysts anticipate that The Walt Disney Company will post 4.93 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently commented on DIS. Evercore ISI lowered their target price on Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. Needham & Company LLC restated a “buy” rating and issued a $110.00 target price on shares of Walt Disney in a research note on Wednesday, October 23rd. Raymond James restated a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Wells Fargo & Company lowered their target price on Walt Disney from $136.00 to $116.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Finally, Piper Sandler began coverage on Walt Disney in a research note on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 target price for the company. Five investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $118.05.

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.