Walt Disney Co (NYSE:DIS) Shares Bought by Staley Capital Advisers Inc.

Staley Capital Advisers Inc. increased its holdings in Walt Disney Co (NYSE:DIS) by 153.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 51,173 shares of the entertainment giant’s stock after purchasing an additional 30,983 shares during the quarter. Staley Capital Advisers Inc.’s holdings in Walt Disney were worth $4,943,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Norges Bank acquired a new position in shares of Walt Disney during the fourth quarter valued at approximately $2,572,048,000. Fisher Asset Management LLC raised its holdings in shares of Walt Disney by 5,464.7% during the first quarter. Fisher Asset Management LLC now owns 4,504,570 shares of the entertainment giant’s stock valued at $435,141,000 after acquiring an additional 4,423,621 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in shares of Walt Disney by 782.9% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,724,769 shares of the entertainment giant’s stock valued at $391,758,000 after acquiring an additional 2,416,143 shares during the last quarter. M&G Investment Management Ltd. acquired a new position in shares of Walt Disney during the fourth quarter valued at approximately $194,314,000. Finally, Swiss National Bank raised its holdings in shares of Walt Disney by 23.1% during the first quarter. Swiss National Bank now owns 6,995,071 shares of the entertainment giant’s stock valued at $675,724,000 after acquiring an additional 1,314,800 shares during the last quarter. 63.10% of the stock is owned by institutional investors.

A number of brokerages have commented on DIS. Imperial Capital reduced their target price on Walt Disney from $118.00 to $107.00 and set an “in-line” rating for the company in a report on Thursday, April 2nd. Guggenheim lowered Walt Disney from a “buy” rating to a “neutral” rating and set a $100.00 price target for the company. in a research report on Thursday, April 2nd. Cowen upped their price target on Walt Disney from $154.00 to $159.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. Citigroup dropped their price target on Walt Disney from $161.00 to $135.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Finally, Morgan Stanley dropped their price target on Walt Disney from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Fourteen analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $126.58.

Shares of NYSE DIS traded up $0.19 during mid-day trading on Friday, hitting $118.02. The company had a trading volume of 9,279,862 shares, compared to its average volume of 22,923,716. The company has a market capitalization of $212.83 billion, a PE ratio of 39.87, a price-to-earnings-growth ratio of 11.04 and a beta of 1.08. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.89. Walt Disney Co has a 1-year low of $79.07 and a 1-year high of $153.41. The business’s 50-day simple moving average is $104.80 and its 200 day simple moving average is $127.09.

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

Walt Disney 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.

Further Reading: Net Margin – Understanding the Different Kinds of Profit

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

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