New York State Teachers Retirement System Has $180.88 Million Holdings in The Walt Disney Company $DIS

New York State Teachers Retirement System lifted its stake in The Walt Disney Company (NYSE:DIS) by 0.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,458,568 shares of the entertainment giant’s stock after buying an additional 1,220 shares during the period. New York State Teachers Retirement System’s holdings in Walt Disney were worth $180,877,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. J. Safra Sarasin Holding AG raised its holdings in shares of Walt Disney by 8.1% in the 1st quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock worth $21,983,000 after buying an additional 16,781 shares in the last quarter. Planning Directions Inc. acquired a new stake in Walt Disney during the 1st quarter valued at $326,000. Kingstone Capital Partners Texas LLC acquired a new stake in Walt Disney during the 2nd quarter valued at $4,220,599,000. Wedge Capital Management L L P NC increased its holdings in Walt Disney by 8,744.0% during the 2nd quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock valued at $39,724,000 after purchasing an additional 316,707 shares in the last quarter. Finally, WoodTrust Financial Corp increased its holdings in Walt Disney by 6.7% during the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock valued at $9,491,000 after purchasing an additional 6,047 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Up 0.5%

NYSE DIS opened at $111.74 on Thursday. The stock has a fifty day moving average of $114.96 and a 200-day moving average of $110.58. The stock has a market capitalization of $200.90 billion, a P/E ratio of 17.51, a price-to-earnings-growth ratio of 1.46 and a beta of 1.54. The Walt Disney Company has a 52 week low of $80.10 and a 52 week 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.

Walt Disney (NYSE:DIS) last released its 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 during the quarter, compared to analysts’ expectations of $23.69 billion. During the same period last year, the firm earned $1.39 EPS. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on DIS shares. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Barclays raised their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Walt Disney in a report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $132.90.

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.