Geo Capital Gestora de Recursos Ltd Has $1.72 Million Stake in The Walt Disney Company $DIS

Geo Capital Gestora de Recursos Ltd decreased its stake in The Walt Disney Company (NYSE:DIS) by 8.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,424 shares of the entertainment giant’s stock after selling 1,612 shares during the quarter. Walt Disney makes up about 2.4% of Geo Capital Gestora de Recursos Ltd’s investment portfolio, making the stock its 21st largest position. Geo Capital Gestora de Recursos Ltd’s holdings in Walt Disney were worth $1,720,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of DIS. Brighton Jones LLC boosted its stake in Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after buying an additional 1,904 shares in the last quarter. Freedom Investment Management Inc. acquired a new stake in Walt Disney in the 4th quarter valued at $330,000. First Trust Advisors LP boosted its stake in Walt Disney by 349.6% in the fourth quarter. First Trust Advisors LP now owns 366,221 shares of the entertainment giant’s stock worth $40,779,000 after purchasing an additional 284,761 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its stake in Walt Disney by 0.4% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 66,502 shares of the entertainment giant’s stock worth $7,405,000 after purchasing an additional 276 shares in the last quarter. Finally, Nippon Life Global Investors Americas Inc. acquired a new position in Walt Disney in the fourth quarter worth $32,288,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on DIS shares. Stephens reissued a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Loop Capital boosted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, June 10th. Barclays boosted their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 9th. Citigroup boosted their price objective on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Finally, Jefferies Financial Group downgraded Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Trading Down 0.3%

NYSE DIS opened at $116.2030 on Wednesday. The stock has a 50-day simple moving average of $119.29 and a 200 day simple moving average of $108.14. The company has a market capitalization of $208.92 billion, a PE ratio of 18.21, a P/E/G ratio of 1.68 and a beta of 1.56. 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 Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

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

About Walt Disney

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.