Axa S.A. Has $24.26 Million Stake in The Walt Disney Company (NYSE:DIS)

AXA S.A. lowered its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 23.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 217,861 shares of the entertainment giant's stock after selling 66,437 shares during the quarter. AXA S.A.'s holdings in Walt Disney were worth $24,259,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. acquired a new stake in Walt Disney in the 4th quarter valued at approximately $28,000. Tacita Capital Inc increased its holdings in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Walt Disney during the fourth quarter valued at about $32,000. Midwest Capital Advisors LLC acquired a new stake in Walt Disney in the fourth quarter worth about $34,000. Finally, Bay Harbor Wealth Management LLC bought a new position in Walt Disney in the 4th quarter valued at about $35,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Down 0.4 %

Shares of NYSE DIS traded down $0.39 during mid-day trading on Monday, reaching $92.10. The company had a trading volume of 10,224,320 shares, compared to its average volume of 10,124,503. The stock has a market capitalization of $166.50 billion, a PE ratio of 30.00, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The stock's 50 day moving average is $94.69 and its 200-day moving average is $104.09.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research note on Tuesday, April 22nd. Loop Capital upped their target price on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Barclays lowered their price target on Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Macquarie restated a "neutral" rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Finally, Morgan Stanley lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $123.75.

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.