Kintegral Advisory LLC Acquires 11,912 Shares of The Walt Disney Company (NYSE:DIS)

Kintegral Advisory LLC raised its holdings in The Walt Disney Company (NYSE:DIS) by 22.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,541 shares of the entertainment giant’s stock after acquiring an additional 11,912 shares during the quarter. Kintegral Advisory LLC’s holdings in Walt Disney were worth $6,508,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Gold Investment Management Ltd. bought a new stake in Walt Disney during the 4th quarter valued at about $28,000. ESL Trust Services LLC bought a new position in Walt Disney during the 1st quarter worth about $31,000. Partnership Wealth Management LLC bought a new position in shares of Walt Disney during the fourth quarter valued at approximately $33,000. Frank Rimerman Advisors LLC bought a new position in Walt Disney in the fourth quarter worth approximately $37,000. Finally, Beaird Harris Wealth Management LLC lifted its holdings in Walt Disney by 30.7% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 498 shares of the entertainment giant’s stock worth $45,000 after buying an additional 117 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

DIS stock traded down $1.41 during mid-day trading on Wednesday, reaching $89.49. 8,494,609 shares of the company’s stock were exchanged, compared to its average volume of 11,509,095. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.75 and a quick ratio of 0.69. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74. The stock’s 50 day moving average is $93.95 and its 200 day moving average is $104.38. The company has a market cap of $163.14 billion, a price-to-earnings ratio of 97.27, a price-to-earnings-growth ratio of 1.15 and a beta of 1.40.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.19. The business had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 EPS. On average, research analysts expect that The Walt Disney Company will post 4.77 EPS for the current year.

Insider Activity

In other news, Director Calvin Mcdonald acquired 11,756 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was bought at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the purchase, the director now owns 22,313 shares in the company, valued at $1,897,943.78. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Redburn Atlantic upgraded Walt Disney from a “sell” rating to a “neutral” rating and set a $100.00 price objective for the company in a research note on Tuesday, May 21st. Loop Capital decreased their price target on shares of Walt Disney from $139.00 to $130.00 and set a “buy” rating for the company in a research report on Tuesday, July 30th. Raymond James lowered their price target on shares of Walt Disney from $123.00 to $101.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Evercore ISI decreased their target price on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Three analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. According to MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $117.95.

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.