Dimensional Fund Advisors LP Has $714.81 Million Holdings in The Walt Disney Company (NYSE:DIS)

Dimensional Fund Advisors LP increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 17.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,197,458 shares of the entertainment giant’s stock after acquiring an additional 1,047,560 shares during the period. Dimensional Fund Advisors LP owned about 0.39% of Walt Disney worth $714,806,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DIS. Jennison Associates LLC bought a new stake in shares of Walt Disney in the first quarter valued at about $1,490,492,000. Capital World Investors lifted its stake in Walt Disney by 3,332.4% in the 1st quarter. Capital World Investors now owns 6,267,593 shares of the entertainment giant’s stock valued at $766,903,000 after acquiring an additional 6,084,993 shares in the last quarter. ValueAct Holdings L.P. acquired a new position in Walt Disney during the 4th quarter worth approximately $459,245,000. Swedbank AB bought a new position in shares of Walt Disney during the 1st quarter worth approximately $493,715,000. Finally, Ontario Teachers Pension Plan Board acquired a new stake in shares of Walt Disney in the first quarter valued at approximately $425,567,000. 65.71% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Calvin Mcdonald acquired 11,756 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was purchased at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the acquisition, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 0.10% of the stock is owned by company insiders.

Walt Disney Stock Performance

Shares of DIS stock opened at $90.55 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74. The firm has a 50 day moving average of $91.06 and a 200-day moving average of $102.49. The company has a market cap of $164.22 billion, a price-to-earnings ratio of 98.42, a price-to-earnings-growth ratio of 1.31 and a beta of 1.40.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.19. The firm had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The business’s revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.03 earnings per share. On average, equities analysts forecast that The Walt Disney Company will post 4.92 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DIS. Needham & Company LLC decreased their target price on shares of Walt Disney from $145.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. JPMorgan Chase & Co. lowered their target price on Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. UBS Group reduced their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Evercore ISI lowered their price target on Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. Finally, Bank of America decreased their target price on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $117.95.

About Walt Disney

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.