The Walt Disney Company $DIS Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its position in shares of The Walt Disney Company (NYSE:DIS) by 4.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 515,072 shares of the entertainment giant’s stock after acquiring an additional 24,038 shares during the quarter. Teacher Retirement System of Texas’ holdings in Walt Disney were worth $63,874,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DIS. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Walt Disney during the first quarter worth about $26,000. DiNuzzo Private Wealth Inc. lifted its holdings in shares of Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after acquiring an additional 94 shares during the last quarter. Harbor Asset Planning Inc. acquired a new position in shares of Walt Disney in the 2nd quarter worth approximately $37,000. RMG Wealth Management LLC acquired a new position in shares of Walt Disney in the 2nd quarter worth approximately $49,000. Finally, Core Alternative Capital lifted its holdings in shares of Walt Disney by 71.0% in the 1st quarter. Core Alternative Capital now owns 542 shares of the entertainment giant’s stock worth $53,000 after acquiring an additional 225 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Trading Down 1.2%

Shares of DIS stock opened at $111.64 on Monday. 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 stock has a market capitalization of $200.72 billion, a P/E ratio of 17.50, a price-to-earnings-growth ratio of 1.46 and a beta of 1.54. The company has a 50 day moving average price of $114.64 and a 200 day moving average price of $111.99. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter in the previous year, the business posted $1.39 EPS. The firm’s revenue was up 2.1% on a year-over-year basis. Equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Barclays upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Susquehanna restated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Nineteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and a consensus price target of $132.90.

Walt Disney 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.