Principal Financial Group Inc. Has $289.34 Million Position in Walt Disney Company (The) (DIS)

Principal Financial Group Inc. boosted its position in Walt Disney Company (The) (NYSE:DIS) by 27.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,723,151 shares of the entertainment giant’s stock after buying an additional 582,853 shares during the period. Principal Financial Group Inc. owned approximately 0.17% of Walt Disney worth $289,335,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Ariel Capital Advisors LLC boosted its position in shares of Walt Disney by 4.9% during the 1st quarter. Ariel Capital Advisors LLC now owns 28,046 shares of the entertainment giant’s stock worth $3,180,000 after purchasing an additional 1,298 shares in the last quarter. Tocqueville Asset Management L.P. raised its stake in shares of Walt Disney by 8.9% during the 1st quarter. Tocqueville Asset Management L.P. now owns 475,780 shares of the entertainment giant’s stock worth $53,949,000 after buying an additional 38,985 shares during the last quarter. Canal Capital Management LLC raised its stake in shares of Walt Disney by 17.4% during the 1st quarter. Canal Capital Management LLC now owns 4,998 shares of the entertainment giant’s stock worth $567,000 after buying an additional 742 shares during the last quarter. Cookson Peirce & Co. Inc. raised its stake in shares of Walt Disney by 27.5% during the 1st quarter. Cookson Peirce & Co. Inc. now owns 2,886 shares of the entertainment giant’s stock worth $327,000 after buying an additional 622 shares during the last quarter. Finally, Advisor Partners LLC raised its stake in shares of Walt Disney by 18.0% during the 1st quarter. Advisor Partners LLC now owns 26,083 shares of the entertainment giant’s stock worth $2,958,000 after buying an additional 3,985 shares during the last quarter. Hedge funds and other institutional investors own 60.40% of the company’s stock.

Several research analysts have recently issued reports on the company. Piper Jaffray Companies reaffirmed a “buy” rating and set a $120.00 price target on shares of Walt Disney in a research note on Wednesday, November 22nd. BMO Capital Markets reaffirmed a “sell” rating and set a $90.00 price target on shares of Walt Disney in a research note on Wednesday, November 22nd. Vetr raised shares of Walt Disney from a “hold” rating to a “buy” rating and set a $107.20 target price for the company in a research note on Tuesday, November 21st. Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. Finally, Royal Bank Of Canada set a $125.00 target price on shares of Walt Disney and gave the company a “buy” rating in a research note on Sunday, November 12th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eighteen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $112.56.

Walt Disney Company (DIS) opened at $102.64 on Monday. The firm has a market capitalization of $155,018.42, a P/E ratio of 18.01, a price-to-earnings-growth ratio of 2.18 and a beta of 1.37. Walt Disney Company has a fifty-two week low of $96.20 and a fifty-two week high of $116.10. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). The company had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The firm’s revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.10 EPS. equities analysts forecast that Walt Disney Company will post 6.24 earnings per share for the current year.

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Walt Disney Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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