6,027 Shares in The Walt Disney Company (NYSE:DIS) Acquired by Brookwood Investment Group LLC

Key Points

• Brookwood Investment Group LLC has made a new investment of approximately $595,000 in The Walt Disney Company by acquiring 6,027 shares during the first quarter.
• The company recently reported $1.45 earnings per share for the last quarter, exceeding analysts' expectations, with revenue reaching $23.62 billion, a 7% increase year-over-year.
• Walt Disney's stock is rated with a consensus of "Moderate Buy", with several analysts raising their target prices, the highest being $144.00 from Jefferies Financial Group.

Brookwood Investment Group LLC bought a new position in The Walt Disney Company (NYSE:DIS - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,027 shares of the entertainment giant's stock, valued at approximately $595,000.

Several other hedge funds also recently made changes to their positions in the company. Norges Bank purchased a new position in Walt Disney during the 4th quarter valued at $2,415,427,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in Walt Disney by 1,900.0% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 5,735,961 shares of the entertainment giant's stock valued at $638,699,000 after purchasing an additional 5,449,158 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Walt Disney by 75.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant's stock valued at $1,209,050,000 after purchasing an additional 4,680,930 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Walt Disney by 21.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,867,017 shares of the entertainment giant's stock valued at $1,878,142,000 after purchasing an additional 3,016,339 shares during the period. Finally, Diamond Hill Capital Management Inc. increased its position in Walt Disney by 1,080.7% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant's stock valued at $277,993,000 after purchasing an additional 2,578,004 shares during the period. 65.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president owned 46,831 shares in the company, valued at $5,190,748.04. This represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.16% of the stock is owned by company insiders.

Walt Disney Stock Performance

DIS traded down $1.07 during midday trading on Monday, hitting $120.40. 2,360,182 shares of the company traded hands, compared to its average volume of 9,794,012. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $216.45 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.78 and a beta of 1.56. The company's 50-day moving average is $117.97 and its 200 day moving average is $107.34. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The business had revenue of $23.62 billion for the quarter, compared to analysts' expectations of $23.15 billion. During the same quarter in the prior year, the business earned $1.21 EPS. The business's revenue for the quarter was up 7.0% compared to the same quarter last year. On average, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of research analyst reports. Needham & Company LLC reissued a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research report on Thursday, May 8th. Barclays boosted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a research report on Wednesday, July 9th. Rosenblatt Securities boosted their target price on shares of Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, June 3rd. Citigroup boosted their target price on shares of Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Finally, UBS Group boosted their target price on shares of Walt Disney from $120.00 to $138.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. Five analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $128.13.

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.