Staley Capital Advisers Inc. raised its holdings in Walt Disney Co (NYSE:DIS) by 153.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 51,173 shares of the entertainment giant’s stock after acquiring an additional 30,983 shares during the period. Staley Capital Advisers Inc.’s holdings in Walt Disney were worth $4,943,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Landscape Capital Management L.L.C. purchased a new stake in shares of Walt Disney during the 4th quarter valued at $1,297,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Walt Disney by 14.8% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 496,070 shares of the entertainment giant’s stock valued at $71,747,000 after buying an additional 63,786 shares during the period. Brighton Jones LLC grew its stake in shares of Walt Disney by 6.7% during the 4th quarter. Brighton Jones LLC now owns 18,451 shares of the entertainment giant’s stock valued at $2,669,000 after buying an additional 1,165 shares during the period. Exchange Traded Concepts LLC purchased a new stake in shares of Walt Disney during the 1st quarter valued at $507,000. Finally, Augustine Asset Management Inc. grew its stake in shares of Walt Disney by 3.4% during the 4th quarter. Augustine Asset Management Inc. now owns 2,883 shares of the entertainment giant’s stock valued at $417,000 after buying an additional 95 shares during the period. 63.10% of the stock is owned by institutional investors.
A number of brokerages recently weighed in on DIS. SunTrust Banks upped their price target on shares of Walt Disney from $110.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, April 14th. Morgan Stanley decreased their price target on shares of Walt Disney from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Credit Suisse Group cut shares of Walt Disney from an “outperform” rating to a “neutral” rating and set a $116.00 price target for the company. in a research report on Monday, April 20th. Sanford C. Bernstein decreased their price target on shares of Walt Disney from $100.00 to $96.00 and set a “market perform” rating for the company in a research report on Wednesday, May 6th. Finally, Citigroup decreased their price target on shares of Walt Disney from $161.00 to $135.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Fourteen equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $126.58.
DIS traded up $0.19 on Friday, hitting $118.02. 9,279,862 shares of the company’s stock were exchanged, compared to its average volume of 22,923,716. The firm has a market cap of $212.83 billion, a PE ratio of 39.87, a P/E/G ratio of 11.04 and a beta of 1.08. Walt Disney Co has a twelve month low of $79.07 and a twelve month high of $153.41. The stock has a fifty day moving average of $104.80 and a two-hundred day moving average of $127.09. The company has a current ratio of 0.94, a quick ratio of 0.89 and a debt-to-equity ratio of 0.45.
Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.23). The business had revenue of $18.01 billion for the quarter, compared to analyst estimates of $17.49 billion. Walt Disney had a return on equity of 9.09% and a net margin of 6.88%. Walt Disney’s revenue was up 20.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.61 EPS. On average, analysts predict that Walt Disney Co will post 2.09 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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