Disney's Stock Price Rises as Business Accelerates

FNY Investment Advisers LLC has acquired an 8,000-share position in The Walt Disney Company (NYSE:DIS) valued at approximately $770,000. This is according to the company's most recent Form 13F filing with the Securities and Exchange Commission.

Disney reported its quarterly earnings results on August 5th, exceeding analysts' expectations with a profit of $2.06 per share, up from $1.86. The entertainment giant also saw revenue rise by 6.8% year over year to $25.25 billion.

Other large investors have also made adjustments to their stakes in Disney. Pinnacle Bancorp Inc. lifted its position in Walt Disney by 1.5% during the fourth quarter, while Alesco Advisors LLC grew its holdings in shares of Walt Disney by 2.7%. Providence Wealth Advisors LLC increased its position in shares of Walt Disney by 1.1%, and Guardian Partners Inc. increased its position in shares of Walt Disney by 0.3%

Walt Disney has a market capitalization of $181.67 billion, with a P/E ratio of 21.57, a price-to-earnings-growth ratio of 1.32, and a beta of 1.39.