HS Management Partners LLC Has $75.50 Million Stake in The Walt Disney Company (NYSE:DIS)

HS Management Partners LLC decreased its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 5.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 764,950 shares of the entertainment giant's stock after selling 45,875 shares during the period. Walt Disney accounts for 6.1% of HS Management Partners LLC's investment portfolio, making the stock its 4th largest holding. HS Management Partners LLC's holdings in Walt Disney were worth $75,501,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of DIS. Mpwm Advisory Solutions LLC acquired a new stake in Walt Disney during the 4th quarter worth $27,000. Kessler Investment Group LLC raised its position 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 buying an additional 200 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in Walt Disney during the 4th quarter worth $32,000. Copia Wealth Management purchased a new position in Walt Disney during the 4th quarter worth $36,000. Finally, Vermillion Wealth Management Inc. purchased a new position in Walt Disney during the 4th quarter worth $39,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Loop Capital increased their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Morgan Stanley increased their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Citigroup increased their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Jefferies Financial Group raised shares of Walt Disney from a "hold" rating to a "buy" rating and raised their price target for the stock from $100.00 to $144.00 in a research note on Monday, June 30th. Finally, Guggenheim raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research note on Friday, June 27th. Five research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Walt Disney currently has a consensus rating of "Moderate Buy" and a consensus price target of $128.13.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the sale, the executive vice president owned 46,831 shares in the company, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.16% of the company's stock.

Walt Disney Stock Performance

Shares of DIS traded down $0.85 during midday trading on Friday, hitting $121.36. 9,472,100 shares of the stock traded hands, compared to its average volume of 10,008,257. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The firm has a market capitalization of $218.17 billion, a PE ratio of 24.82, a price-to-earnings-growth ratio of 1.78 and a beta of 1.56. 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 business's 50 day moving average price is $117.00 and its two-hundred day moving average price is $106.97.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.24. The business had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The company's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.21 earnings per share. Equities research analysts predict that The Walt Disney Company will post 5.47 EPS 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.