The Walt Disney Company (NYSE:DIS) Shares Purchased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale boosted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 1.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,432,788 shares of the entertainment giant's stock after buying an additional 16,251 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.08% of Walt Disney worth $138,664,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC purchased a new stake in Walt Disney during the fourth quarter valued at approximately $27,000. Kessler Investment Group LLC raised its position in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock valued at $27,000 after purchasing an additional 200 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new stake in Walt Disney during the fourth quarter valued at approximately $32,000. Copia Wealth Management purchased a new stake in Walt Disney during the fourth quarter valued at approximately $36,000. Finally, Vermillion Wealth Management Inc. purchased a new stake in Walt Disney during the fourth quarter valued at approximately $39,000. 65.71% of the stock is owned by institutional investors.

Walt Disney Trading Down 1.0%

DIS traded down $1.25 during trading on Tuesday, hitting $121.91. 6,619,041 shares of the stock were exchanged, compared to its average volume of 10,018,104. 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 firm has a market cap of $219.16 billion, a price-to-earnings ratio of 24.93, a P/E/G ratio of 1.81 and a beta of 1.56. The firm has a 50 day simple moving average of $112.53 and a 200 day simple moving average of $106.38. 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 earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The business's revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.21 EPS. As a group, equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on DIS. UBS Group upped their price objective on Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Jefferies Financial Group upgraded Walt Disney from a "hold" rating to a "buy" rating and upped their price objective for the company from $100.00 to $144.00 in a research report on Monday, June 30th. Loop Capital boosted their target price on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th. Barclays increased their price target on Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Finally, Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target for the company in a research note on Monday, April 21st. Five analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $125.83.

Insider Buying and Selling at Walt Disney

In other 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 completion of the sale, the executive vice president owned 46,831 shares of the company's stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.16% of the stock is owned by insiders.

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.