Fort Washington Investment Advisors Inc. OH Acquires 4,279 Shares of The Walt Disney Company (NYSE:DIS)

Fort Washington Investment Advisors Inc. OH lifted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 0.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 633,490 shares of the entertainment giant's stock after buying an additional 4,279 shares during the period. Fort Washington Investment Advisors Inc. OH's holdings in Walt Disney were worth $62,525,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pathway Financial Advisors LLC lifted its holdings in Walt Disney by 2.7% in the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock worth $386,000 after purchasing an additional 92 shares during the last quarter. Prossimo Advisors LLC increased its position in Walt Disney by 1.1% in the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock worth $972,000 after buying an additional 92 shares during the period. Onefund LLC increased its position in Walt Disney by 2.0% in the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock worth $541,000 after buying an additional 93 shares during the period. Boston Financial Mangement LLC increased its position in Walt Disney by 1.5% in the 4th quarter. Boston Financial Mangement LLC now owns 6,287 shares of the entertainment giant's stock worth $700,000 after buying an additional 94 shares during the period. Finally, GPM Growth Investors Inc. increased its position in Walt Disney by 4.3% in the 4th quarter. GPM Growth Investors Inc. now owns 2,342 shares of the entertainment giant's stock worth $261,000 after buying an additional 96 shares during the period. 65.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the 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 sale, the executive vice president now directly owns 46,831 shares in the company, valued at $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.16% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on DIS shares. Guggenheim dropped their price target on Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. 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 report on Tuesday. Barclays boosted their price objective on Walt Disney from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Needham & Company LLC restated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research report on Thursday, May 8th. Finally, 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 report on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and a consensus price target of $123.96.

Walt Disney Trading Down 0.9%

NYSE:DIS traded down $1.02 during mid-day trading on Thursday, hitting $118.50. The company had a trading volume of 7,915,404 shares, compared to its average volume of 10,069,840. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $120.50. The business's fifty day moving average is $100.15 and its two-hundred day moving average is $105.82. 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 firm has a market cap of $213.03 billion, a P/E ratio of 38.60, a P/E/G ratio of 1.80 and a beta of 1.54.

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

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.