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Published: Thu, May 10, 2018
Tech | By Dwayne Harmon

Walt Disney Co Shares Rise Slightly on Q2 Earnings Beat

Walt Disney Co Shares Rise Slightly on Q2 Earnings Beat

Delpha Capital Management LLC purchased a new stake in The Walt Disney Company (NYSE:DIS) in the fourth quarter, HoldingsChannel.com reports.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter. $153.06 billion is the Disney Walt Co's market cap. Solus Alternative Asset Management Lp sold 1.02 million shares as the company's stock rose 16.86% while stock markets declined.

Several brokerages recently weighed in on DIS. B. Riley restated a "hold" rating and set a $122.00 target price on shares of The Walt Disney in a research note on Monday, January 29th. The Walt Disney Company has a 1 year low of $96.20 and a 1 year high of $113.19. It's now trading about -9.46% below its 52-week high. The share price has moved forward from its 20 days moving average, trading at a distance of 2.12% and stays 0.83% away from its 50 days moving average. Relative volume is the comparison of current volume to average volume for the same time of day, and it's displayed as a ratio. The stock's quarterly performance indicates a negative momentum of -2.12 percent, whereas its last one month trend is optimistic with 2.12 percent.

Profitability analysis helps a great deal in making investment decision. However it has a net margin of 19.60%.

Price to earnings ratio, which is used in determining how expensive a stock may or may not be, can help you narrow down your search within the Services. Total debt to equity ratio of the company for most recent quarter is 0.60 whereas long term debt to equity ratio for most recent quarter is 0.46.

The Walt Disney (NYSE:DIS)'s stock had its "hold" rating reissued by research analysts at Pivotal Research in a research report issued on Wednesday. Over the last five days, shares have managed 2.14% gains and now is down -1% since hitting its 200-day moving average of $104.38. Applied Materials, Inc. (NASDAQ:AMAT) for the trailing twelve months paying dividend with the payout ratio of 11.07% to its shareholders. The difference between the actual and Estimated EPS is $0.28. It also reduced its holding in Jpmorgan Chase & Co (NYSE:JPM) by 68,653 shares in the quarter, leaving it with 1.17 million shares, and cut its stake in Johnson & Johnson (NYSE:JNJ). 896.07 million shares or 0.31% less from 898.84 million shares in 2017Q3 were reported.

EPS growth for the next 5 years is 11.14 percent. During the key period of last 5 years, Applied Materials, Inc. More recently, the quarter over quarter sales growth is 3.80%. Tuesday reported a 9 percent jump in revenue during the second quarter, compared to the same quarter a year ago.

PEG ratio or Price/Earnings-Growth ratio is an attempt to normalize the P/E ratio with the expected earnings growth rate of the company. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. Bridge Creek Capital Management LLC boosted its holdings in shares of The Walt Disney by 1.4% during the 4th quarter.

Shares of DIS stock opened at $101.79 on Wednesday. Moreover, South Texas Money Mngmt has 1.38% invested in The Walt Disney Company (NYSE:DIS).

According to Zacks, "Disney's shares have underperformed the industry in the past year". Parnassus Investments CA now owns 6,941,130 shares of the entertainment giant's stock valued at $684,187,000 after acquiring an additional 1,123,949 shares in the last quarter. Also, the number of hedge funds holding Nuveen Senior Income Fund in top ten holdings was flat from 0 to 0 for the same number. The Walt Disney Company's institutional ownership is 64.3%, while its institutional transactions stand at 0.4%.

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