The Walt Disney Company (NYSE:DIS) Shares Bought by Cooke & Bieler LP

Cooke & Bieler LP raised its position in The Walt Disney Company (NYSE:DIS) by 37.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 901,141 shares of the entertainment giant’s stock after buying an additional 244,733 shares during the period. Cooke & Bieler LP’s holdings in Walt Disney were worth $88,943,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Walt Disney during the fourth quarter worth approximately $2,415,427,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Walt Disney by 1,900.0% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 5,735,961 shares of the entertainment giant’s stock worth $638,699,000 after purchasing an additional 5,449,158 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Walt Disney by 75.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant’s stock worth $1,209,050,000 after acquiring an additional 4,680,930 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Walt Disney by 21.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,867,017 shares of the entertainment giant’s stock worth $1,878,142,000 after purchasing an additional 3,016,339 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in Walt Disney by 10,567.3% in the 1st quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant’s stock valued at $241,884,000 after acquiring an additional 2,427,728 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DIS shares. Wall Street Zen raised Walt Disney from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 12th. Guggenheim upped their price target on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, June 27th. Wolfe Research raised Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 target price for the company in a report on Monday, April 21st. UBS Group increased their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Jefferies Financial Group raised shares of Walt Disney from a “hold” rating to a “buy” rating and lifted their target price for the stock from $100.00 to $144.00 in a research note on Monday, June 30th. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.13.

Insider Activity at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the firm’s stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the sale, the executive vice president owned 46,831 shares of the company’s stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.16% of the stock is currently owned by corporate insiders.

Walt Disney Stock Performance

DIS stock opened at $119.79 on Thursday. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34. The stock’s 50 day simple moving average is $116.35 and its 200 day simple moving average is $106.86. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The firm has a market cap of $215.36 billion, a P/E ratio of 24.50, a P/E/G ratio of 1.74 and a beta of 1.56.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.24. The firm had revenue of $23.62 billion during the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. Walt Disney’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.21 EPS. As a group, equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

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.