Cedar Brook Financial Partners LLC Has $675,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

Cedar Brook Financial Partners LLC boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 19.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,559 shares of the entertainment giant’s stock after purchasing an additional 1,243 shares during the period. Cedar Brook Financial Partners LLC’s holdings in Walt Disney were worth $675,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of DIS. Dark Forest Capital Management LP acquired a new position in Walt Disney during the first quarter valued at approximately $28,000. Worth Asset Management LLC acquired a new position in Walt Disney during the first quarter valued at approximately $29,000. MBM Wealth Consultants LLC boosted its position in Walt Disney by 197.6% during the fourth quarter. MBM Wealth Consultants LLC now owns 366 shares of the entertainment giant’s stock valued at $33,000 after purchasing an additional 243 shares during the last quarter. Silicon Valley Capital Partners acquired a new position in Walt Disney during the fourth quarter valued at approximately $35,000. Finally, Fortis Capital Advisors LLC acquired a new stake in shares of Walt Disney in the fourth quarter valued at approximately $39,000. 61.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DIS. Credit Suisse Group cut their price objective on Walt Disney from $126.00 to $122.00 and set an “outperform” rating for the company in a research report on Monday, August 21st. KeyCorp cut their price objective on Walt Disney from $120.00 to $107.00 and set an “overweight” rating for the company in a research report on Thursday, May 25th. Morgan Stanley cut their price objective on Walt Disney from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, July 26th. Rosenblatt Securities raised their price objective on Walt Disney from $102.00 to $104.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Walt Disney from $131.00 to $120.00 in a research note on Tuesday, August 8th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $115.35.

Insider Activity at Walt Disney

In related news, EVP Sonia L. Coleman sold 959 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $89.05, for a total transaction of $85,398.95. Following the sale, the executive vice president now owns 961 shares of the company’s stock, valued at approximately $85,577.05. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by company insiders.

Walt Disney Price Performance

Walt Disney stock opened at $84.48 on Friday. The stock’s fifty day moving average price is $85.92 and its two-hundred day moving average price is $91.85. The Walt Disney Company has a one year low of $79.75 and a one year high of $118.18. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.07 and a quick ratio of 1.00. The firm has a market cap of $154.58 billion, a PE ratio of 68.68, a price-to-earnings-growth ratio of 1.68 and a beta of 1.28.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 9th. The entertainment giant reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.04. Walt Disney had a return on equity of 6.45% and a net margin of 2.56%. The company had revenue of $22.33 billion for the quarter, compared to analyst estimates of $22.50 billion. During the same quarter last year, the company posted $1.09 EPS. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, research analysts expect that The Walt Disney Company will post 3.68 EPS for the current fiscal year.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.