The Walt Disney Company $DIS Shares Acquired by Border to Coast Pensions Partnership Ltd

Key Points

• Border to Coast Pensions Partnership Ltd increased its position in Walt Disney Company by 13.6%, owning 502,961 shares valued at approximately $62.37 million.
• Walt Disney has seen substantial investments from other institutional investors, with notable stakes purchased by firms such as Kingstone Capital Partners and Diamond Hill Capital Management.
• Walt Disney reported a net margin of 12.22% in its latest earnings, beating expectations with earnings of $1.61 per share, and received multiple upgrades in price targets from analysts.

Border to Coast Pensions Partnership Ltd increased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 13.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 502,961 shares of the entertainment giant's stock after buying an additional 60,353 shares during the period. Walt Disney comprises approximately 1.1% of Border to Coast Pensions Partnership Ltd's investment portfolio, making the stock its 25th biggest holding. Border to Coast Pensions Partnership Ltd's holdings in Walt Disney were worth $62,372,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Physician Wealth Advisors Inc. increased its position in shares of Walt Disney by 3.5% during the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant's stock worth $323,000 after purchasing an additional 87 shares in the last quarter. Bruce G. Allen Investments LLC increased its position in shares of Walt Disney by 9.1% during the second quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant's stock worth $139,000 after purchasing an additional 94 shares in the last quarter. Clearstead Trust LLC increased its position in shares of Walt Disney by 0.6% during the first quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant's stock worth $1,629,000 after purchasing an additional 99 shares in the last quarter. Aspen Investment Management Inc increased its position in shares of Walt Disney by 3.5% during the first quarter. Aspen Investment Management Inc now owns 2,938 shares of the entertainment giant's stock worth $290,000 after purchasing an additional 100 shares in the last quarter. Finally, Hemington Wealth Management increased its position in shares of Walt Disney by 1.9% during the first quarter. Hemington Wealth Management now owns 5,628 shares of the entertainment giant's stock worth $555,000 after purchasing an additional 105 shares in the last quarter. Institutional investors own 65.71% of the company's stock.

Walt Disney Price Performance

DIS traded down $1.32 during trading on Monday, reaching $112.44. The company's stock had a trading volume of 15,433,461 shares, compared to its average volume of 9,505,472. 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 firm has a fifty day simple moving average of $117.71 and a two-hundred day simple moving average of $109.17. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The company has a market cap of $202.16 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 1.65 and a beta of 1.55.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. 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 EPS. The business's revenue was up 2.1% on a year-over-year basis. As a group, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on DIS shares. Guggenheim upped their price target on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, June 27th. Susquehanna reissued a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Morgan Stanley raised their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Wall Street Zen lowered Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 20th. Finally, Evercore ISI lifted their price objective on Walt Disney from $134.00 to $140.00 and gave the stock an "outperform" rating in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently 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.