UniSuper Management Pty Ltd boosted its holdings in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 5.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 453,921 shares of the entertainment giant’s stock after purchasing an additional 22,169 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Walt Disney were worth $50,544,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of DIS. United Bank increased its stake in shares of Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after purchasing an additional 712 shares in the last quarter. Baldwin Investment Management LLC boosted its holdings in Walt Disney by 12.3% in the 3rd quarter. Baldwin Investment Management LLC now owns 8,666 shares of the entertainment giant’s stock worth $834,000 after buying an additional 948 shares during the last quarter. Townsquare Capital LLC increased its stake in Walt Disney by 20.3% during the 3rd quarter. Townsquare Capital LLC now owns 192,719 shares of the entertainment giant’s stock worth $18,538,000 after buying an additional 32,584 shares in the last quarter. RBO & Co. LLC raised its holdings in shares of Walt Disney by 2.1% during the third quarter. RBO & Co. LLC now owns 149,444 shares of the entertainment giant’s stock valued at $14,375,000 after acquiring an additional 3,012 shares during the last quarter. Finally, RS Crum Inc. lifted its position in shares of Walt Disney by 0.8% in the third quarter. RS Crum Inc. now owns 16,651 shares of the entertainment giant’s stock valued at $1,602,000 after acquiring an additional 127 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the company. 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. Needham & Company LLC reiterated a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Prescient Securities lowered their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Loop Capital increased their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Finally, The Goldman Sachs Group boosted their target price on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $125.64.
Walt Disney Stock Performance
Shares of DIS stock opened at $100.65 on Thursday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The firm’s 50 day moving average price is $107.61 and its 200-day moving average price is $105.04. The firm has a market cap of $181.95 billion, a P/E ratio of 32.79, a P/E/G ratio of 1.80 and a beta of 1.41.
Walt Disney (NYSE:DIS – Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping 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, equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.
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.
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