AustralianSuper Pty Ltd Acquires Shares of 9,415 The Walt Disney Company (NYSE:DIS)

AustralianSuper Pty Ltd bought a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,415 shares of the entertainment giant's stock, valued at approximately $929,000.

A number of other institutional investors have also recently bought and sold shares of DIS. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney in the 4th quarter valued at approximately $27,000. Kessler Investment Group LLC lifted its holdings in shares of Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock valued at $27,000 after buying an additional 200 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney during the 4th quarter valued at about $32,000. Copia Wealth Management bought a new stake in shares of Walt Disney in the 4th quarter valued at approximately $36,000. Finally, Vermillion Wealth Management Inc. acquired a new position in Walt Disney in the fourth quarter worth approximately $39,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Price Performance

DIS traded down $0.85 during midday trading on Friday, hitting $121.36. The company had a trading volume of 9,472,100 shares, compared to its average volume of 10,008,257. 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 company has a market capitalization of $218.17 billion, a PE ratio of 24.82, a P/E/G ratio of 1.78 and a beta of 1.56. The firm's 50-day simple moving average is $117.00 and its 200-day simple moving average is $106.97. 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 earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. The firm had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The business's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.21 earnings per share. Equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on DIS. Citigroup raised their target price on Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Jefferies Financial Group upgraded shares of Walt Disney from a "hold" rating to a "buy" rating and upped their price target for the company from $100.00 to $144.00 in a report on Monday, June 30th. Loop Capital lifted their price target on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. Rosenblatt Securities increased their price objective on Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a research report on Tuesday, June 3rd. Finally, UBS Group boosted their target price on shares of Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a research report on Wednesday. Five equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Walt Disney has a consensus rating of "Moderate Buy" and an average price target of $128.13.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the sale, the executive vice president directly owned 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.16% of the company's stock.

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.