LS Investment Advisors LLC Has $7.27 Million Stake in The Walt Disney Company (NYSE:DIS)

LS Investment Advisors LLC increased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 4.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,696 shares of the entertainment giant's stock after acquiring an additional 3,075 shares during the quarter. LS Investment Advisors LLC's holdings in Walt Disney were worth $7,274,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in DIS. Norges Bank acquired a new stake in Walt Disney during the 4th quarter worth $2,415,427,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of Walt Disney by 1,900.0% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 5,735,961 shares of the entertainment giant's stock worth $638,699,000 after purchasing an additional 5,449,158 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Walt Disney by 75.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant's stock worth $1,209,050,000 after purchasing an additional 4,680,930 shares during the period. Raymond James Financial Inc. bought a new stake in Walt Disney in the fourth quarter valued at about $358,151,000. Finally, Boston Partners acquired a new position in Walt Disney in the fourth quarter valued at about $350,707,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Stock Up 1.3%

Shares of DIS traded up $1.42 during mid-day trading on Friday, hitting $113.95. 5,786,189 shares of the company's stock were exchanged, compared to its average volume of 10,016,980. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63. The company has a market cap of $204.85 billion, a PE ratio of 37.12, a P/E/G ratio of 1.80 and a beta of 1.49. The company has a 50-day simple moving average of $98.14 and a 200 day simple moving average of $105.80.

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

Wall Street Analyst Weigh In

DIS has been the subject of several analyst reports. Guggenheim decreased their target price on Walt Disney from $130.00 to $120.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Loop Capital lifted their price objective on shares of Walt Disney from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. UBS Group upped their target price on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Barclays lifted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Finally, Morgan Stanley upped their price objective on shares of 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 given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $123.75.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the company'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 now owns 46,831 shares in the company, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.16% of the company's stock.

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.