China Universal Asset Management Co. Ltd. Has $993,000 Stake in The Walt Disney Company (NYSE:DIS)

China Universal Asset Management Co. Ltd. boosted its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 2,166.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,065 shares of the entertainment giant's stock after purchasing an additional 9,621 shares during the period. China Universal Asset Management Co. Ltd.'s holdings in Walt Disney were worth $993,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Waterloo Capital L.P. raised its stake in Walt Disney by 3.2% in the 4th quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant's stock worth $349,000 after purchasing an additional 97 shares in the last quarter. Quadrant Capital Group LLC raised its stake in Walt Disney by 0.4% in the 4th quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant's stock worth $2,523,000 after purchasing an additional 98 shares in the last quarter. Acorns Advisers LLC raised its stake in Walt Disney by 2.6% in the 4th quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant's stock worth $426,000 after purchasing an additional 98 shares in the last quarter. Allegheny Financial Group raised its stake in Walt Disney by 2.3% in the 4th quarter. Allegheny Financial Group now owns 4,624 shares of the entertainment giant's stock worth $515,000 after purchasing an additional 106 shares in the last quarter. Finally, 1620 Investment Advisors Inc. raised its stake in Walt Disney by 1.8% in the 4th quarter. 1620 Investment Advisors Inc. now owns 6,236 shares of the entertainment giant's stock worth $694,000 after purchasing an additional 108 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Price Performance

Shares of Walt Disney stock traded up $0.93 during midday trading on Thursday, hitting $121.54. 6,884,396 shares of the company traded hands, compared to its average volume of 10,012,746. The firm's fifty day moving average price is $113.74 and its 200-day moving average price is $106.58. 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 Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The stock has a market cap of $218.50 billion, a price-to-earnings ratio of 24.85, a PEG ratio of 1.76 and a beta of 1.56.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping 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 the consensus estimate of $23.15 billion. During the same period last year, the company earned $1.21 EPS. The firm's revenue was up 7.0% compared to the same quarter last year. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred 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 in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on DIS. 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 note on Tuesday, June 10th. UBS Group lifted their price objective on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Barclays raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Wednesday. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a report on Monday, April 21st. Finally, Guggenheim raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a report on Friday, June 27th. Five investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $127.35.

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.