The Walt Disney Company $DIS Position Boosted by APG Asset Management N.V.

APG Asset Management N.V. grew its holdings in shares of The Walt Disney Company (NYSE:DIS) by 6.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,758,280 shares of the entertainment giant’s stock after purchasing an additional 103,187 shares during the period. APG Asset Management N.V.’s holdings in Walt Disney were worth $160,658,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Smartleaf Asset Management LLC boosted its position in shares of Walt Disney by 2.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 16,708 shares of the entertainment giant’s stock valued at $1,639,000 after purchasing an additional 346 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Walt Disney by 2.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 269,019 shares of the entertainment giant’s stock valued at $26,552,000 after buying an additional 6,376 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in Walt Disney by 0.8% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 543,180 shares of the entertainment giant’s stock valued at $53,612,000 after buying an additional 4,262 shares in the last quarter. Haverford Trust Co lifted its stake in Walt Disney by 2.8% during the first quarter. Haverford Trust Co now owns 68,044 shares of the entertainment giant’s stock valued at $6,716,000 after buying an additional 1,831 shares in the last quarter. Finally, Groupe la Francaise lifted its stake in Walt Disney by 4.8% during the first quarter. Groupe la Francaise now owns 42,415 shares of the entertainment giant’s stock valued at $4,237,000 after buying an additional 1,933 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of DIS opened at $118.6640 on Friday. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The firm’s 50 day moving average price is $119.22 and its 200 day moving average price is $108.25. The firm has a market cap of $213.35 billion, a PE ratio of 18.60, a PEG ratio of 1.68 and a beta of 1.56.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter last year, the company posted $1.39 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on DIS shares. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Guggenheim increased their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, June 27th. Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.18.

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.