Schroder Investment Management Group Purchases 855,500 Shares of The Walt Disney Company $DIS

Schroder Investment Management Group lifted its position in The Walt Disney Company (NYSE:DIS) by 79.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,938,252 shares of the entertainment giant’s stock after purchasing an additional 855,500 shares during the period. Schroder Investment Management Group owned about 0.11% of Walt Disney worth $221,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Varma Mutual Pension Insurance Co boosted its stake in Walt Disney by 8.8% during the third quarter. Varma Mutual Pension Insurance Co now owns 284,894 shares of the entertainment giant’s stock valued at $32,620,000 after buying an additional 23,100 shares during the last quarter. Sterling Investment Counsel LLC grew its holdings in Walt Disney by 130.5% during the 3rd quarter. Sterling Investment Counsel LLC now owns 13,590 shares of the entertainment giant’s stock valued at $1,556,000 after buying an additional 7,695 shares in the last quarter. SVB Wealth LLC bought a new stake in Walt Disney in the 2nd quarter worth approximately $1,352,000. Baron Silver Stevens Financial Advisors LLC raised its holdings in shares of Walt Disney by 244.6% during the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 10,365 shares of the entertainment giant’s stock worth $1,187,000 after acquiring an additional 7,357 shares in the last quarter. Finally, Rakuten Investment Management Inc. bought a new position in shares of Walt Disney during the 3rd quarter valued at approximately $21,177,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Down 0.8%

DIS opened at $101.57 on Monday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.61 and a current ratio of 0.67. The stock’s 50 day moving average price is $109.07 and its 200-day moving average price is $110.89. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The stock has a market cap of $179.93 billion, a price-to-earnings ratio of 14.94, a P/E/G ratio of 1.38 and a beta of 1.42.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.06. The company had revenue of $25.98 billion during the quarter, compared to analysts’ expectations of $25.54 billion. Walt Disney had a net margin of 12.80% and a return on equity of 8.90%. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.40 EPS. On average, equities analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on DIS shares. Phillip Securities raised shares of Walt Disney to a “moderate buy” rating in a report on Monday, January 12th. Evercore increased their price objective on shares of Walt Disney from $140.00 to $142.00 and gave the company an “outperform” rating in a research report on Friday, November 14th. Raymond James Financial reissued a “market perform” rating on shares of Walt Disney in a research note on Friday, November 14th. Morgan Stanley assumed coverage on shares of Walt Disney in a report on Tuesday, February 3rd. They issued an “overweight” rating and a $135.00 target price on the stock. Finally, UBS Group restated a “mixed” rating on shares of Walt Disney in a research report on Monday, February 2nd. Seventeen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $135.80.

Walt Disney Profile

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.