Hara Capital LLC Purchases 1,201 Shares of The Walt Disney Company (NYSE:DIS)

Hara Capital LLC lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 17.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,020 shares of the entertainment giant’s stock after purchasing an additional 1,201 shares during the period. Hara Capital LLC’s holdings in Walt Disney were worth $771,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC boosted its position in shares of Walt Disney by 8.4% in the third quarter. Concurrent Investment Advisors LLC now owns 66,744 shares of the entertainment giant’s stock valued at $6,420,000 after acquiring an additional 5,184 shares during the period. Lmcg Investments LLC boosted its holdings in Walt Disney by 18.6% in the 3rd quarter. Lmcg Investments LLC now owns 147,353 shares of the entertainment giant’s stock valued at $14,174,000 after purchasing an additional 23,116 shares during the period. PGGM Investments acquired a new position in shares of Walt Disney during the 1st quarter worth approximately $1,036,000. Nisa Investment Advisors LLC increased its holdings in shares of Walt Disney by 22.2% during the third quarter. Nisa Investment Advisors LLC now owns 704,887 shares of the entertainment giant’s stock worth $67,803,000 after purchasing an additional 127,859 shares during the period. Finally, Advisors Asset Management Inc. raised its position in shares of Walt Disney by 30.8% in the first quarter. Advisors Asset Management Inc. now owns 25,987 shares of the entertainment giant’s stock valued at $3,180,000 after buying an additional 6,118 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Trading Up 0.3 %

NYSE:DIS traded up $0.25 during trading hours on Thursday, hitting $99.14. 1,410,697 shares of the company were exchanged, compared to its average volume of 10,708,922. The stock has a market capitalization of $179.80 billion, a price-to-earnings ratio of 38.03, a price-to-earnings-growth ratio of 1.52 and a beta of 1.40. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a fifty day simple moving average of $93.54 and a 200 day simple moving average of $97.12. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $23.08 billion. During the same period last year, the company earned $1.03 earnings per share. The firm’s revenue was up 3.9% compared to the same quarter last year. Sell-side analysts expect that The Walt Disney Company will post 4.93 EPS for the current fiscal year.

Analysts Set New Price Targets

DIS has been the topic of a number of recent research reports. Needham & Company LLC restated a “buy” rating and set a $110.00 price objective on shares of Walt Disney in a research note on Wednesday, October 23rd. 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. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, Evercore ISI decreased their price objective on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Five research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $118.05.

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.