Fort Washington Investment Advisors Inc. OH Purchases 4,279 Shares of The Walt Disney Company (NYSE:DIS)

Fort Washington Investment Advisors Inc. OH increased its position in shares of The Walt Disney Company (NYSE:DIS) by 0.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 633,490 shares of the entertainment giant’s stock after acquiring an additional 4,279 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Walt Disney were worth $62,525,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC raised its stake in Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in shares of Walt Disney in the 4th quarter worth $77,000. Sovran Advisors LLC bought a new position in shares of Walt Disney in the 4th quarter worth $743,000. Quent Capital LLC raised its position in shares of Walt Disney by 2.7% during the 4th quarter. Quent Capital LLC now owns 7,150 shares of the entertainment giant’s stock valued at $796,000 after buying an additional 187 shares in the last quarter. Finally, Montz Harcus Wealth Management LLC bought a new stake in shares of Walt Disney during the 4th quarter worth $227,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 0.6%

Shares of NYSE:DIS opened at $119.41 on Thursday. The stock’s 50-day moving average is $100.15 and its 200 day moving average is $105.82. The company has a market cap of $214.67 billion, a PE ratio of 38.90, a P/E/G ratio of 1.80 and a beta of 1.54. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $120.50.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.24. The firm had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period last year, the company earned $1.21 EPS. Sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the sale, the executive vice president now directly owns 46,831 shares of the company’s stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on DIS. Guggenheim reduced their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th. Wolfe Research upgraded Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price objective on the stock in a research report on Monday, April 21st. UBS Group raised their price objective on Walt Disney from $105.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research note on Thursday, May 8th. Finally, Morgan Stanley increased their price target on shares of Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, May 8th. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and an average price target of $123.96.

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.