Loomis Sayles & Co. L P Has $1.59 Billion Stock Holdings in The Walt Disney Company (NYSE:DIS)

Loomis Sayles & Co. L P reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 3.3% in the 4th quarter, Holdings Channel reports. The firm owned 14,312,144 shares of the entertainment giant’s stock after selling 486,929 shares during the period. Walt Disney accounts for approximately 172.2% of Loomis Sayles & Co. L P’s holdings, making the stock its 13th largest position. Loomis Sayles & Co. L P’s holdings in Walt Disney were worth $1,593,658,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AssuredPartners Investment Advisors LLC acquired a new stake in shares of Walt Disney in the 4th quarter valued at approximately $647,000. NEOS Investment Management LLC lifted its stake in Walt Disney by 11.6% in the 4th quarter. NEOS Investment Management LLC now owns 95,792 shares of the entertainment giant’s stock valued at $10,666,000 after purchasing an additional 9,946 shares during the last quarter. UniSuper Management Pty Ltd boosted its position in Walt Disney by 5.1% in the fourth quarter. UniSuper Management Pty Ltd now owns 453,921 shares of the entertainment giant’s stock valued at $50,544,000 after buying an additional 22,169 shares in the last quarter. Sava Infond d.o.o. bought a new stake in shares of Walt Disney during the fourth quarter worth $2,714,000. Finally, WINTON GROUP Ltd acquired a new position in shares of Walt Disney during the fourth quarter worth $3,624,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Down 0.9 %

Shares of NYSE DIS opened at $100.65 on Thursday. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The firm has a market cap of $181.95 billion, a PE ratio of 32.79, a P/E/G ratio of 1.80 and a beta of 1.41. The company’s fifty day simple moving average is $107.61 and its 200 day simple moving average is $105.04.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

DIS has been the topic of several recent research reports. Rosenblatt Securities reissued a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Jefferies Financial Group started coverage on Walt Disney in a research note on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price objective for the company. Macquarie reiterated a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Finally, The Goldman Sachs Group boosted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Six analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney 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.