Aberdeen Group plc Has $154.19 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Aberdeen Group plc lowered its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 12.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,577,212 shares of the entertainment giant's stock after selling 232,504 shares during the quarter. Aberdeen Group plc owned approximately 0.09% of Walt Disney worth $154,188,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. J. Safra Sarasin Holding AG increased its position in Walt Disney by 8.1% during the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant's stock worth $21,983,000 after buying an additional 16,781 shares during the last quarter. Planning Directions Inc. acquired a new position in Walt Disney during the first quarter worth approximately $326,000. WoodTrust Financial Corp increased its position in Walt Disney by 6.7% during the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock worth $9,491,000 after buying an additional 6,047 shares during the last quarter. Bank of Stockton increased its position in Walt Disney by 4.4% during the first quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock worth $897,000 after buying an additional 383 shares during the last quarter. Finally, Rheos Capital Works Inc. increased its position in Walt Disney by 164.7% during the first quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock worth $39,026,000 after buying an additional 246,000 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Trading Down 0.3%

Shares of DIS stock opened at $116.34 on Friday. 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 stock has a market cap of $209.17 billion, a P/E ratio of 18.24, a price-to-earnings-growth ratio of 1.69 and a beta of 1.56. The stock has a 50 day simple moving average of $119.30 and a 200 day simple moving average of $108.11. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. The business had revenue of $23.65 billion during the quarter, compared to analysts' expectations of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%. The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.39 earnings per share. On average, research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on DIS shares. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target on the stock in a research report on Monday, April 21st. Susquehanna reissued a "neutral" rating on shares of Walt Disney in a research report on Monday. Wall Street Zen downgraded Walt Disney from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 20th. Citigroup boosted their price target on Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Finally, UBS Group boosted their price target on Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Eight research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $131.18.

Walt Disney 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.

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