AMF Tjanstepension AB Has $22.79 Million Stock Holdings in The Walt Disney Company $DIS

Key Points

• AMF Tjanstepension AB reduced its stake in The Walt Disney Company by 39.1%, now owning 183,649 shares valued at approximately $22.79 million.
• Shares of Disney (NYSE: DIS) opened at $112.49, with a market capitalization of $202.25 billion and a PE ratio of 17.63.
• Analysts have largely rated the stock as a "Moderate Buy", with an average price target of $131.18, reflecting confidence in its future performance.

AMF Tjanstepension AB decreased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 39.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,649 shares of the entertainment giant's stock after selling 117,847 shares during the period. AMF Tjanstepension AB's holdings in Walt Disney were worth $22,787,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. boosted its holdings in shares of Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant's stock worth $26,000 after buying an additional 94 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new position in Walt Disney during the first quarter worth $26,000. Kessler Investment Group LLC grew its holdings in Walt Disney by 274.0% in the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after purchasing an additional 200 shares during the period. Wolff Wiese Magana LLC increased its stake in Walt Disney by 41.5% in the second quarter. Wolff Wiese Magana LLC now owns 460 shares of the entertainment giant's stock valued at $57,000 after purchasing an additional 135 shares in the last quarter. Finally, First PREMIER Bank raised its holdings in shares of Walt Disney by 72.2% during the first quarter. First PREMIER Bank now owns 489 shares of the entertainment giant's stock valued at $48,000 after purchasing an additional 205 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Price Performance

Shares of NYSE DIS opened at $112.49 on Friday. The company has a market capitalization of $202.25 billion, a PE ratio of 17.63, a PEG ratio of 1.47 and a beta of 1.54. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The stock's 50 day moving average price is $116.12 and its 200-day moving average price is $109.95. The Walt Disney Company has a twelve month low of $80.10 and a twelve month 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 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same period last year, the company posted $1.39 earnings per share. Walt Disney's quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on DIS. Chardan Capital restated a "buy" rating on shares of Walt Disney in a research note on Monday, August 11th. JPMorgan Chase & Co. raised their price objective on Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a research note on Tuesday, July 29th. Citigroup upped their target price on Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Raymond James Financial reiterated a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Loop Capital boosted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, June 10th. Nineteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $131.18.

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.

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