Assenagon Asset Management S.A. Has $147.20 Million Holdings in The Walt Disney Company (NYSE:DIS)

Assenagon Asset Management S.A. boosted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 251.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,491,406 shares of the entertainment giant's stock after purchasing an additional 1,067,299 shares during the period. Assenagon Asset Management S.A. owned 0.08% of Walt Disney worth $147,202,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC bought a new position in Walt Disney during the fourth quarter valued at about $27,000. FPC Investment Advisory Inc. bought a new position in Walt Disney during the fourth quarter valued at about $28,000. Tacita Capital Inc raised its holdings in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after buying an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in Walt Disney during the fourth quarter valued at about $32,000. Finally, Midwest Capital Advisors LLC bought a new position in Walt Disney during the fourth quarter valued at about $34,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Analyst Ratings Changes

DIS has been the topic of a number of recent analyst reports. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective on the stock in a research note on Monday, April 21st. Needham & Company LLC reiterated a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Thursday, May 8th. Guggenheim dropped their price objective on Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. UBS Group lifted their price objective on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Finally, Loop Capital lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney presently has a consensus rating of "Moderate Buy" and an average target price of $123.96.

Walt Disney Price Performance

NYSE DIS traded down $0.76 during trading on Friday, reaching $117.85. 13,143,189 shares of the company traded hands, compared to its average volume of 10,094,029. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The stock's 50 day moving average price is $101.58 and its two-hundred day moving average price is $105.92. The company has a market cap of $211.86 billion, a price-to-earnings ratio of 38.39, a P/E/G ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $120.50.

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 for the quarter, beating analysts' consensus estimates of $1.21 by $0.24. The company had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The company's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.21 earnings per share. As a group, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president now directly owns 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company 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.