Zurcher Kantonalbank Zurich Cantonalbank Has $59.57 Million Stock Position in The Walt Disney Company $DIS

Zurcher Kantonalbank Zurich Cantonalbank trimmed its holdings in shares of The Walt Disney Company (NYSE:DISFree Report) by 55.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 523,560 shares of the entertainment giant’s stock after selling 652,443 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Walt Disney were worth $59,565,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Copeland Capital Management LLC acquired a new stake in shares of Walt Disney in the third quarter worth $25,000. Strengthening Families & Communities LLC bought a new position in shares of Walt Disney during the 3rd quarter worth about $29,000. JPL Wealth Management LLC bought a new stake in shares of Walt Disney in the 3rd quarter worth about $30,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the third quarter valued at $33,000. Finally, Bare Financial Services Inc lifted its position in Walt Disney by 48.5% during the 3rd quarter. Bare Financial Services Inc now owns 291 shares of the entertainment giant’s stock worth $33,000 after buying an additional 95 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Price Performance

Walt Disney stock opened at $106.42 on Tuesday. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $188.52 billion, a P/E ratio of 15.65, a PEG ratio of 1.49 and a beta of 1.44. The business has a 50-day moving average of $101.36 and a 200-day moving average of $107.20. The Walt Disney Company has a 1 year low of $82.98 and a 1 year high of $124.69.

Walt Disney (NYSE:DISGet Free Report) last released its quarterly earnings data on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.06. Walt Disney had a net margin of 12.80% and a return on equity of 8.90%. The business had revenue of $25.98 billion for the quarter, compared to analyst estimates of $25.54 billion. During the same quarter last year, the firm earned $1.40 EPS. Walt Disney’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, equities analysts anticipate that The Walt Disney Company will post 6.61 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DIS. Raymond James Financial upgraded shares of Walt Disney from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research report on Wednesday, April 1st. Wells Fargo & Company cut their target price on shares of Walt Disney from $150.00 to $148.00 and set an “overweight” rating on the stock in a research report on Friday, March 27th. Morgan Stanley assumed coverage on shares of Walt Disney in a research report on Tuesday, February 3rd. They set an “overweight” rating and a $135.00 price target for the company. UBS Group restated a “mixed” rating on shares of Walt Disney in a report on Monday, February 2nd. Finally, Weiss Ratings cut shares of Walt Disney from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, February 3rd. Seventeen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $133.53.

Check Out Our Latest Stock Report on DIS

Walt Disney News Roundup

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Walt Disney Company Profile

(Free Report)

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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