The Walt Disney Company $DIS Shares Purchased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in The Walt Disney Company by 21.6%, bringing its total holdings to 140,069 shares worth approximately $13.8 million.
• Several analysts have maintained a "buy" rating for Disney, with price targets ranging from $140.00 to $141.00, while the stock has an average price target of $131.18.
• The Walt Disney Company reported better-than-expected quarterly earnings with an EPS of $1.61, exceeding analysts' estimates of $1.45, alongside a revenue of $23.65 billion.

B. Metzler seel. Sohn & Co. AG boosted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 21.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,069 shares of the entertainment giant's stock after purchasing an additional 24,854 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Walt Disney were worth $13,825,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DIS. Brighton Jones LLC grew its stake in Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock valued at $2,980,000 after acquiring an additional 1,904 shares during the last quarter. Boothbay Fund Management LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth about $253,000. Aquatic Capital Management LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth about $1,999,000. Schonfeld Strategic Advisors LLC boosted its stake in shares of Walt Disney by 71.2% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 307,843 shares of the entertainment giant's stock worth $34,278,000 after purchasing an additional 128,061 shares during the last quarter. Finally, Evergreen Wealth Solutions LLC boosted its stake in shares of Walt Disney by 5.2% during the 4th quarter. Evergreen Wealth Solutions LLC now owns 7,032 shares of the entertainment giant's stock worth $783,000 after purchasing an additional 349 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Stock Up 0.6%

NYSE:DIS traded up $0.75 during trading hours on Friday, hitting $118.39. The stock had a trading volume of 5,210,979 shares, compared to its average volume of 9,580,361. 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 Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The business has a 50 day simple moving average of $119.18 and a two-hundred day simple moving average of $108.45. The company has a market cap of $212.86 billion, a PE ratio of 18.56, a price-to-earnings-growth ratio of 1.71 and a beta of 1.56.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data 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. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter last year, the company earned $1.39 earnings per share. Walt Disney's revenue for the quarter was up 2.1% on a year-over-year basis. Analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

DIS has been the topic of several analyst reports. Barclays raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Evercore ISI raised their price target on shares of Walt Disney from $134.00 to $140.00 and gave the stock an "outperform" rating in a research note on Monday, August 4th. JPMorgan Chase & Co. raised their price target on shares of Walt Disney from $130.00 to $138.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 29th. Chardan Capital reiterated a "buy" rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Keefe, Bruyette & Woods reiterated a "market perform" rating on shares of Walt Disney in a report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average 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.