The Walt Disney Company $DIS Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in The Walt Disney Company (NYSE:DIS) by 107.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 847,655 shares of the entertainment giant’s stock after acquiring an additional 439,985 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Walt Disney were worth $105,118,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of DIS. Physician Wealth Advisors Inc. boosted 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 valued at $323,000 after acquiring an additional 87 shares during the last quarter. Childress Capital Advisors LLC raised its holdings in shares of Walt Disney by 3.3% in the 2nd 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. Bruce G. Allen Investments LLC lifted its stake in shares of Walt Disney by 9.1% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock valued at $139,000 after purchasing an additional 94 shares in the last quarter. DiNuzzo Private Wealth Inc. grew its holdings in shares of Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 94 shares during the period. Finally, Clearstead Trust LLC increased its position in Walt Disney by 0.6% during the 1st quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock worth $1,629,000 after purchasing an additional 99 shares in the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Down 0.7%

Shares of Walt Disney stock opened at $112.14 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The business has a 50-day moving average of $116.30 and a 200-day moving average of $109.86. The company has a market capitalization of $201.62 billion, a PE ratio of 17.58, a P/E/G ratio of 1.48 and a beta of 1.54.

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DIS. Loop Capital lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, June 10th. Citigroup lifted their target price on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. Morgan Stanley upped their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Wall Street Zen cut Walt Disney from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 20th. Finally, UBS Group upped their target price on Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Nineteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.18.

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.