Cullen Investment Group LTD. Has $4.24 Million Stake in The Walt Disney Company (NYSE:DIS)

Cullen Investment Group LTD. boosted its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 48.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,954 shares of the entertainment giant's stock after acquiring an additional 13,957 shares during the period. Cullen Investment Group LTD.'s holdings in Walt Disney were worth $4,240,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in DIS. Mpwm Advisory Solutions LLC bought a new stake in Walt Disney during the fourth quarter valued at $27,000. FPC Investment Advisory Inc. bought a new stake in Walt Disney during the fourth quarter valued at $28,000. Tacita Capital Inc increased its stake in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in Walt Disney during the fourth quarter valued at $32,000. Finally, Midwest Capital Advisors LLC bought a new stake in Walt Disney during the fourth quarter valued at $34,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Prescient Securities lowered their price target on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. UBS Group upped their price target on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Morgan Stanley upped their price target on shares of Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Barclays upped their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Finally, Needham & Company LLC restated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research report on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $123.54.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the company's 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 transaction, the executive vice president now owns 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. Insiders own 0.16% of the company's stock.

Walt Disney Price Performance

NYSE DIS traded up $1.03 on Friday, reaching $113.05. The company's stock had a trading volume of 12,878,557 shares, compared to its average volume of 10,048,260. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The stock has a market cap of $203.24 billion, a PE ratio of 36.82, a PEG ratio of 1.80 and a beta of 1.49. The firm's 50 day moving average is $97.05 and its two-hundred day moving average is $105.68.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company had revenue of $23.62 billion during the quarter, compared to analyst estimates of $23.15 billion. During the same period in the prior year, the firm earned $1.21 earnings per share. The business's quarterly revenue was up 7.0% on a year-over-year basis. As a group, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

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.