The Walt Disney Company (NYSE:DIS) Shares Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 1.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 212,753 shares of the entertainment giant's stock after purchasing an additional 2,311 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Walt Disney were worth $20,999,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Geode Capital Management LLC boosted its holdings in shares of Walt Disney by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 38,482,309 shares of the entertainment giant's stock worth $4,272,590,000 after purchasing an additional 809,989 shares during the last quarter. Northern Trust Corp raised its position in shares of Walt Disney by 10.4% in the 4th quarter. Northern Trust Corp now owns 22,242,415 shares of the entertainment giant's stock worth $2,476,693,000 after buying an additional 2,096,431 shares during the period. Norges Bank purchased a new position in shares of Walt Disney in the 4th quarter worth $2,415,427,000. Bank of New York Mellon Corp raised its position in shares of Walt Disney by 4.2% in the 1st quarter. Bank of New York Mellon Corp now owns 17,821,361 shares of the entertainment giant's stock worth $1,758,968,000 after buying an additional 717,066 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Walt Disney by 21.8% in 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 worth $1,878,142,000 after buying an additional 3,016,339 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Down 1.0%

NYSE:DIS traded down $1.25 during mid-day trading on Tuesday, reaching $121.91. The stock had a trading volume of 6,619,041 shares, compared to its average volume of 10,025,511. The company has a market capitalization of $219.16 billion, a price-to-earnings ratio of 24.93, a price-to-earnings-growth ratio of 1.80 and a beta of 1.56. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The stock's 50 day simple moving average is $112.53 and its two-hundred day simple moving average is $106.38. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. The business had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The company's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the firm earned $1.21 earnings per share. Equities analysts anticipate that The Walt Disney Company will post 5.47 EPS 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 dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the transaction, the executive vice president directly owned 46,831 shares in the company, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.16% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on DIS shares. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a research report on Monday, April 21st. Rosenblatt Securities increased their target price on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, June 3rd. Barclays increased their target price on Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Guggenheim increased their target price on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, June 27th. Finally, Jefferies Financial Group raised Walt Disney from a "hold" rating to a "buy" rating and increased their target price for the stock from $100.00 to $144.00 in a research report on Monday, June 30th. Five investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $125.83.

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.