Northwestern Mutual Investment Management Company LLC Acquires 107,181 Shares of Walt Disney Co (NYSE:DIS)

Northwestern Mutual Investment Management Company LLC grew its holdings in shares of Walt Disney Co (NYSE:DIS) by 153.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 177,195 shares of the entertainment giant’s stock after buying an additional 107,181 shares during the quarter. Northwestern Mutual Investment Management Company LLC’s holdings in Walt Disney were worth $17,117,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Carolina Wealth Advisors LLC purchased a new stake in shares of Walt Disney in the fourth quarter valued at approximately $31,000. Cox Capital Mgt LLC purchased a new stake in shares of Walt Disney in the first quarter valued at approximately $34,000. TI Trust Inc. purchased a new stake in shares of Walt Disney in the fourth quarter valued at approximately $39,000. Moser Wealth Advisors LLC purchased a new stake in shares of Walt Disney in the fourth quarter valued at approximately $43,000. Finally, TD Capital Management LLC purchased a new stake in shares of Walt Disney in the first quarter valued at approximately $29,000. 63.10% of the stock is currently owned by hedge funds and other institutional investors.

Shares of DIS opened at $118.02 on Friday. Walt Disney Co has a 12 month low of $79.07 and a 12 month high of $153.41. The stock has a fifty day moving average price of $104.80 and a 200-day moving average price of $127.09. The company has a current ratio of 0.94, a quick ratio of 0.89 and a debt-to-equity ratio of 0.45. The firm has a market cap of $212.83 billion, a PE ratio of 39.87, a P/E/G ratio of 11.04 and a beta of 1.08.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.23). Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The business had revenue of $18.01 billion for the quarter, compared to analysts’ expectations of $17.49 billion. During the same quarter in the prior year, the company posted $1.61 EPS. The business’s revenue for the quarter was up 20.7% on a year-over-year basis. As a group, research analysts forecast that Walt Disney Co will post 2.09 EPS for the current year.

A number of brokerages recently issued reports on DIS. Credit Suisse Group lowered Walt Disney from an “outperform” rating to a “neutral” rating and set a $116.00 price target for the company. in a report on Monday, April 20th. Morgan Stanley lowered their price target on Walt Disney from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Royal Bank of Canada lowered their price target on Walt Disney from $110.00 to $108.00 and set a “sector perform” rating for the company in a report on Wednesday, May 6th. Cowen upped their target price on Walt Disney from $154.00 to $159.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Finally, UBS Group set a $114.00 target price on Walt Disney and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Fourteen research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $126.58.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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