The Walt Disney Company (NYSE:DIS) Shares Purchased by Baird Financial Group Inc.

Baird Financial Group Inc. increased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,345,892 shares of the entertainment giant's stock after buying an additional 81,754 shares during the period. Baird Financial Group Inc. owned about 0.19% of Walt Disney worth $372,565,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Farmers Trust Co. boosted its stake in shares of Walt Disney by 1.1% during the fourth quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant's stock valued at $945,000 after purchasing an additional 92 shares in the last quarter. Pathway Financial Advisors LLC boosted its position in Walt Disney by 2.7% during the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock valued at $386,000 after acquiring an additional 92 shares in the last quarter. Prossimo Advisors LLC increased its holdings in shares of Walt Disney by 1.1% in the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock valued at $972,000 after acquiring an additional 92 shares during the period. Saxon Interests Inc. raised its position in shares of Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant's stock worth $380,000 after acquiring an additional 93 shares in the last quarter. Finally, Onefund LLC lifted its stake in shares of Walt Disney by 2.0% during the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock worth $541,000 after purchasing an additional 93 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DIS has been the subject of a number of recent research reports. Rosenblatt Securities reiterated a "buy" rating and issued a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. Prescient Securities lowered their target price on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. Needham & Company LLC reissued a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Tuesday, April 22nd. Wolfe Research raised shares of 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. Finally, Loop Capital boosted their price target on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $123.75.

Walt Disney Trading Up 0.1 %

NYSE DIS traded up $0.09 on Tuesday, reaching $92.20. 11,789,668 shares of the company were exchanged, compared to its average volume of 10,106,684. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The business's fifty day moving average price is $94.69 and its 200 day moving average price is $104.09. The stock has a market capitalization of $166.68 billion, a P/E ratio of 30.03, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Analysts forecast that The Walt Disney Company will post 5.47 earnings per share 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.