Candriam S.C.A. Has $48.88 Million Stock Holdings in The Walt Disney Company $DIS

Candriam S.C.A. increased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 21.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 394,172 shares of the entertainment giant’s stock after purchasing an additional 70,392 shares during the period. Candriam S.C.A.’s holdings in Walt Disney were worth $48,883,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in DIS. Kondo Wealth Advisors Inc. grew its position in shares of Walt Disney by 1.2% during the 2nd quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock worth $904,000 after buying an additional 84 shares during the period. Cornerstone Advisory LLC boosted its stake in Walt Disney by 1.5% during the second quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock worth $730,000 after acquiring an additional 86 shares in the last quarter. Physician Wealth Advisors Inc. grew its holdings in Walt Disney by 3.5% in the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after purchasing an additional 87 shares during the period. Childress Capital Advisors LLC grew its holdings in Walt Disney by 3.3% in the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock worth $341,000 after purchasing an additional 87 shares during the period. Finally, Apollon Financial LLC increased its stake in Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after purchasing an additional 87 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the company. Wall Street Zen downgraded Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 price target on shares of Walt Disney in a report on Friday, October 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of Walt Disney in a research note on Wednesday, October 8th. Morgan Stanley upped their target price on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Finally, Arete Research raised shares of Walt Disney to a “strong sell” rating in a research report on Tuesday, October 28th. Nineteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $132.90.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $116.79 on Thursday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a market cap of $209.99 billion, a PE ratio of 18.31, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55. The stock’s fifty day simple moving average is $113.25 and its two-hundred day simple moving average is $114.34. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69.

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.