Calamos Advisors LLC Has $61.28 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Calamos Advisors LLC boosted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 0.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 620,848 shares of the entertainment giant's stock after purchasing an additional 5,007 shares during the period. Calamos Advisors LLC's holdings in Walt Disney were worth $61,278,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Cohen Investment Advisors LLC grew its stake in shares of Walt Disney by 14.3% in the first quarter. Cohen Investment Advisors LLC now owns 23,473 shares of the entertainment giant's stock valued at $2,317,000 after buying an additional 2,929 shares in the last quarter. Aviance Capital Partners LLC lifted its stake in Walt Disney by 6.9% in the first quarter. Aviance Capital Partners LLC now owns 37,001 shares of the entertainment giant's stock valued at $3,652,000 after acquiring an additional 2,396 shares during the last quarter. Aurora Private Wealth Inc. acquired a new stake in Walt Disney in the first quarter valued at $1,337,000. Goelzer Investment Management Inc. grew its position in shares of Walt Disney by 3.6% in the 1st quarter. Goelzer Investment Management Inc. now owns 31,527 shares of the entertainment giant's stock valued at $3,112,000 after acquiring an additional 1,096 shares during the period. Finally, Checchi Capital Advisers LLC increased its stake in shares of Walt Disney by 3.0% during the 1st quarter. Checchi Capital Advisers LLC now owns 17,600 shares of the entertainment giant's stock worth $1,737,000 after purchasing an additional 519 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Price Performance

Walt Disney stock traded up $1.00 during trading hours on Friday, reaching $123.98. 4,252,305 shares of the stock were exchanged, compared to its average volume of 10,037,800. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The company has a market cap of $222.88 billion, a P/E ratio of 25.35, a price-to-earnings-growth ratio of 1.81 and a beta of 1.56. The stock has a 50 day moving average of $111.87 and a two-hundred day moving average of $106.37.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. The company 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 firm's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.21 EPS. Equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction 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 sale, the executive vice president owned 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.16% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on DIS. Morgan Stanley lifted their target price on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Loop Capital lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective on the stock in a report on Monday, April 21st. Jefferies Financial Group upgraded shares of Walt Disney from a "hold" rating to a "buy" rating and raised their target price for the stock from $100.00 to $144.00 in a research note on Monday, June 30th. Finally, Guggenheim upped their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research note on Friday, June 27th. Five investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $125.83.

Walt Disney Company 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.