The Walt Disney Company (NYSE:DIS) Shares Acquired by Cohen Investment Advisors LLC

Cohen Investment Advisors LLC boosted its position in The Walt Disney Company (NYSE:DIS - Free Report) by 14.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,473 shares of the entertainment giant's stock after purchasing an additional 2,929 shares during the period. Cohen Investment Advisors LLC's holdings in Walt Disney were worth $2,317,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Trek Financial LLC increased its stake in Walt Disney by 479.9% in the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock valued at $4,044,000 after purchasing an additional 30,057 shares in the last quarter. WoodTrust Financial Corp increased its position in shares of Walt Disney by 6.7% in the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock valued at $9,491,000 after buying an additional 6,047 shares in the last quarter. Bank of Stockton increased its position in shares of Walt Disney by 4.4% in the first quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock valued at $897,000 after buying an additional 383 shares in the last quarter. Rheos Capital Works Inc. increased its position in shares of Walt Disney by 164.7% in the first quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock valued at $39,026,000 after buying an additional 246,000 shares in the last quarter. Finally, Merit Financial Group LLC increased its holdings in Walt Disney by 47.0% during the 1st quarter. Merit Financial Group LLC now owns 57,172 shares of the entertainment giant's stock valued at $5,643,000 after acquiring an additional 18,272 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walt Disney

In related 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 transaction of $110,840.00. Following the completion of the sale, the executive vice president owned 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.16% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on DIS shares. Morgan Stanley raised their target price on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Jefferies Financial Group raised shares of Walt Disney from a "hold" rating to a "buy" rating and raised their price objective for the stock from $100.00 to $144.00 in a research note on Monday, June 30th. Rosenblatt Securities raised their price target on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, June 3rd. Needham & Company LLC reissued a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research report on Thursday, May 8th. Finally, UBS Group raised their price target on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Five analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $125.83.

Walt Disney Trading Up 0.8%

Shares of DIS stock traded up $1.00 on Friday, reaching $123.98. 4,252,305 shares of the stock were exchanged, compared to its average volume of 10,043,772. The stock 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 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 50 day moving average of $111.87 and a two-hundred day moving average of $106.34. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly 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. The company had revenue of $23.62 billion during the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The firm's revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.21 earnings per share. On average, research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

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.