Flossbach Von Storch SE Grows Stock Holdings in The Walt Disney Company (NYSE:DIS)

Flossbach Von Storch SE raised its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 0.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 389,507 shares of the entertainment giant's stock after acquiring an additional 2,224 shares during the period. Flossbach Von Storch SE's holdings in Walt Disney were worth $38,444,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock valued at $2,980,000 after buying an additional 1,904 shares during the last quarter. Proficio Capital Partners LLC grew its position in shares of Walt Disney by 13.6% in the 4th quarter. Proficio Capital Partners LLC now owns 16,815 shares of the entertainment giant's stock valued at $1,872,000 after buying an additional 2,016 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Walt Disney by 6.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 459,737 shares of the entertainment giant's stock valued at $51,192,000 after buying an additional 26,678 shares during the last quarter. Sage Mountain Advisors LLC grew its position in shares of Walt Disney by 19.1% in the 4th quarter. Sage Mountain Advisors LLC now owns 7,059 shares of the entertainment giant's stock valued at $786,000 after buying an additional 1,134 shares during the last quarter. Finally, Cornerstone Advisors LLC grew its position in shares of Walt Disney by 1.7% in the 4th quarter. Cornerstone Advisors LLC now owns 89,100 shares of the entertainment giant's stock valued at $9,921,000 after buying an additional 1,500 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Performance

Shares of NYSE:DIS traded down $1.74 during trading on Friday, hitting $119.82. 6,107,624 shares of the company were exchanged, compared to its average volume of 9,997,239. The company has a market cap of $215.41 billion, a PE ratio of 24.50, a P/E/G ratio of 1.76 and a beta of 1.56. The stock has a 50 day moving average of $114.35 and a 200 day moving average of $106.65. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. 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 issued its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The company had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. During the same quarter last year, the business posted $1.21 earnings per share. The firm's revenue was up 7.0% compared to the same quarter last year. As a group, equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The shares were 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 directly owned 46,831 shares in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.16% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on DIS. Loop Capital boosted their price objective on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, June 10th. Rosenblatt Securities boosted their price objective on Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a research note on Tuesday, June 3rd. Morgan Stanley boosted their price objective on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Guggenheim upped their price target on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research note on Friday, June 27th. Finally, Needham & Company LLC reissued a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Thursday, May 8th. Five research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $127.35.

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.