The Walt Disney Company $DIS Shares Bought by Edmond DE Rothschild Holding S.A.

Key Points

• Edmond DE Rothschild Holding S.A. increased its stake in The Walt Disney Company by 5.0%, acquiring an additional 12,458 shares, bringing its total holdings to 260,213 shares valued at approximately $25.68 million.
• Walt Disney recently reported an earnings per share (EPS) of $1.61, surpassing analysts' expectations of $1.45, with quarterly revenues reaching $23.65 billion.
• Institutional investors, including several hedge funds, hold 65.71% of Walt Disney's stock, indicating strong institutional interest in the entertainment giant.

Edmond DE Rothschild Holding S.A. raised its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 5.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 260,213 shares of the entertainment giant's stock after purchasing an additional 12,458 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in Walt Disney were worth $25,683,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DIS. Mpwm Advisory Solutions LLC purchased a new stake in shares of Walt Disney in the 4th quarter valued at $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Walt Disney during the 1st quarter worth about $26,000. Kessler Investment Group LLC increased its holdings in Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after purchasing an additional 200 shares during the period. Copia Wealth Management purchased a new position in shares of Walt Disney in the 4th quarter valued at about $36,000. Finally, Vermillion Wealth Management Inc. purchased a new position in shares of Walt Disney in the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Morgan Stanley increased their price objective on Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Monday, August 4th. Wall Street Zen downgraded shares of Walt Disney from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 20th. Loop Capital increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th. Keefe, Bruyette & Woods reaffirmed a "market perform" rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Susquehanna reaffirmed a "neutral" rating on shares of Walt Disney in a research report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $131.18.

Walt Disney Stock Performance

NYSE:DIS traded down $0.88 during mid-day trading on Friday, reaching $117.93. 6,668,217 shares of the stock were exchanged, compared to its average volume of 6,294,819. The company has a 50 day simple moving average of $119.01 and a 200-day simple moving average of $108.78. The stock has a market capitalization of $212.03 billion, a P/E ratio of 18.48, a P/E/G ratio of 1.71 and a beta of 1.55. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. 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 released its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.39 EPS. Analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.