The Walt Disney Company (NYSE:DIS) Shares Bought by Achmea Investment Management B.V.

Achmea Investment Management B.V. boosted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 42.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,237 shares of the entertainment giant's stock after acquiring an additional 26,002 shares during the period. Achmea Investment Management B.V.'s holdings in Walt Disney were worth $8,610,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. 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. GPM Growth Investors Inc. grew its holdings in shares of Walt Disney by 4.3% during the fourth quarter. GPM Growth Investors Inc. now owns 2,342 shares of the entertainment giant's stock valued at $261,000 after buying an additional 96 shares during the last quarter. Waterloo Capital L.P. grew its holdings in shares of Walt Disney by 3.2% during the fourth quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant's stock valued at $349,000 after buying an additional 97 shares during the last quarter. Quadrant Capital Group LLC grew its stake in Walt Disney by 0.4% during the 4th quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant's stock valued at $2,523,000 after purchasing an additional 98 shares during the last quarter. Finally, Acorns Advisers LLC raised its stake in shares of Walt Disney by 2.6% in the fourth quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant's stock worth $426,000 after purchasing an additional 98 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Up 0.8%

Shares of NYSE:DIS traded up $0.93 during trading hours on Friday, reaching $122.39. The stock had a trading volume of 13,368,267 shares, compared to its average volume of 10,072,401. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $122.94. The firm's 50 day moving average is $108.25 and its 200-day moving average is $105.96. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The stock has a market capitalization of $220.02 billion, a price-to-earnings ratio of 25.03, a P/E/G ratio of 1.79 and a beta of 1.54.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.24. The business had revenue of $23.62 billion during the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The business's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.21 EPS. Research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

DIS has been the topic of several analyst reports. Barclays raised their target price on Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Loop Capital raised their target price on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, June 10th. Morgan Stanley raised their target price on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 target price on shares of Walt Disney in a report on Thursday, May 8th. Finally, Rosenblatt Securities raised their price objective on Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, June 3rd. Six investment 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 stock. According to MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and an average price target of $124.79.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the sale, the executive vice president now directly owns 46,831 shares of the company's stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.16% of the company's stock.

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.