Broderick Brian C raised its position in shares of Walt Disney Co (NYSE:DIS) by 22.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,290 shares of the entertainment giant’s stock after acquiring an additional 6,187 shares during the quarter. Walt Disney makes up about 1.5% of Broderick Brian C’s holdings, making the stock its 27th largest holding. Broderick Brian C’s holdings in Walt Disney were worth $4,469,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Marshall Wace LLP raised its holdings in shares of Walt Disney by 571.8% during the second quarter. Marshall Wace LLP now owns 1,168,468 shares of the entertainment giant’s stock valued at $163,166,000 after acquiring an additional 994,529 shares during the last quarter. Koshinski Asset Management Inc. raised its holdings in shares of Walt Disney by 6.4% during the second quarter. Koshinski Asset Management Inc. now owns 11,115 shares of the entertainment giant’s stock valued at $1,552,000 after acquiring an additional 667 shares during the last quarter. Halbert Hargrove Russell LLC acquired a new position in shares of Walt Disney during the second quarter valued at approximately $599,000. Markel Corp raised its holdings in shares of Walt Disney by 0.9% during the second quarter. Markel Corp now owns 1,823,000 shares of the entertainment giant’s stock valued at $254,564,000 after acquiring an additional 16,500 shares during the last quarter. Finally, Cramer Rosenthal Mcglynn LLC acquired a new position in shares of Walt Disney during the second quarter valued at approximately $15,573,000. 68.42% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts have commented on DIS shares. Credit Suisse Group reissued a “buy” rating and set a $150.00 target price on shares of Walt Disney in a report on Thursday, August 8th. Morgan Stanley set a $160.00 price target on Walt Disney and gave the company a “buy” rating in a research report on Friday, August 2nd. Moffett Nathanson set a $150.00 price target on Walt Disney and gave the company a “buy” rating in a research report on Wednesday, August 7th. ValuEngine lowered Walt Disney from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Sanford C. Bernstein set a $130.00 price target on Walt Disney and gave the company a “hold” rating in a research report on Thursday, September 12th. Seven equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. Walt Disney currently has a consensus rating of “Buy” and a consensus price target of $151.31.
Shares of Walt Disney stock opened at $131.27 on Thursday. The firm has a market capitalization of $239.44 billion, a price-to-earnings ratio of 21.17, a PEG ratio of 4.48 and a beta of 0.96. Walt Disney Co has a fifty-two week low of $100.35 and a fifty-two week high of $147.15. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.67 and a current ratio of 0.70. The stock has a 50 day moving average of $131.01 and a 200 day moving average of $136.10.
Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, August 6th. The entertainment giant reported $1.35 earnings per share for the quarter, missing the consensus estimate of $1.76 by ($0.41). The business had revenue of $20.25 billion during the quarter, compared to analysts’ expectations of $21.40 billion. Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The company’s revenue was up 32.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.87 earnings per share. Analysts forecast that Walt Disney Co will post 5.74 EPS for the current year.
Walt Disney Company Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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