Versor Investments LP Takes $827,000 Position in The Walt Disney Company $DIS

Key Points

• Versor Investments LP acquired 8,379 shares of The Walt Disney Company valued at approximately $827,000 during the first quarter.
• Walt Disney reported an EPS of $1.61 for the latest quarter, surpassing expectations by 16 cents, and a 2.1% increase in revenue year-over-year.
• Analysts have a consensus price target of $131.18 for Disney shares, with many giving the stock an overall rating of "Moderate Buy".

Versor Investments LP bought a new position in The Walt Disney Company (NYSE:DIS - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 8,379 shares of the entertainment giant's stock, valued at approximately $827,000.

Several other institutional investors have also recently made changes to their positions in DIS. Brighton Jones LLC boosted its holdings in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock worth $2,980,000 after buying an additional 1,904 shares during the last quarter. Jump Financial LLC purchased a new stake in Walt Disney during the fourth quarter valued at about $1,162,000. Freedom Investment Management Inc. purchased a new stake in Walt Disney during the fourth quarter valued at about $330,000. First Trust Advisors LP lifted its holdings in Walt Disney by 349.6% during the fourth quarter. First Trust Advisors LP now owns 366,221 shares of the entertainment giant's stock valued at $40,779,000 after purchasing an additional 284,761 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC lifted its holdings in shares of Walt Disney by 0.4% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 66,502 shares of the entertainment giant's stock worth $7,405,000 after buying an additional 276 shares in the last quarter. Institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Citigroup increased their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Needham & Company LLC reissued a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a report on Thursday, August 7th. Raymond James Financial restated a "neutral" rating on shares of Walt Disney in a research report on Monday, August 11th. Jefferies Financial Group cut shares of Walt Disney from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 11th. Finally, Loop Capital upped their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $131.18.

Walt Disney Trading Down 0.7%

Shares of NYSE:DIS traded down $0.8650 during trading on Thursday, reaching $116.1750. 3,782,139 shares of the company traded hands, compared to its average volume of 9,713,241. The firm has a market capitalization of $208.87 billion, a price-to-earnings ratio of 18.22, a P/E/G ratio of 1.68 and a beta of 1.56. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The business's fifty day moving average is $119.25 and its 200-day moving average is $108.20.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating analysts' consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.39 earnings per share. As a group, analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

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.