Mn Services Vermogensbeheer B.V. Purchases 2,200 Shares of The Walt Disney Company $DIS

Key Points

• Mn Services Vermogensbeheer B.V. increased its holdings in The Walt Disney Company by 2,200 shares, bringing its total ownership to 676,770 shares, which represent 0.6% of its portfolio.
• Walt Disney's stock has received positive ratings from analysts, with a consensus rating of "Moderate Buy" and a price target averaging $131.18.
• For the latest quarter, Walt Disney reported an EPS of $1.61, surpassing expectations of $1.45, although revenue slightly missed analysts' estimates at $23.65 billion.

Mn Services Vermogensbeheer B.V. increased its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 0.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 676,770 shares of the entertainment giant's stock after purchasing an additional 2,200 shares during the quarter. Walt Disney makes up 0.6% of Mn Services Vermogensbeheer B.V.'s investment portfolio, making the stock its 28th largest holding. Mn Services Vermogensbeheer B.V.'s holdings in Walt Disney were worth $83,926,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of DIS. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Walt Disney during the 1st quarter worth about $26,000. Mpwm Advisory Solutions LLC acquired a new stake in Walt Disney during the 4th quarter worth about $27,000. Kessler Investment Group LLC boosted 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 acquiring an additional 200 shares during the period. Copia Wealth Management acquired a new stake in Walt Disney during the 4th quarter worth about $36,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in Walt Disney during the 4th quarter worth about $39,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Stock Performance

DIS traded down $1.20 on Thursday, hitting $114.90. The company had a trading volume of 9,447,558 shares, compared to its average volume of 6,133,088. The company's fifty day moving average price is $117.83 and its 200 day moving average price is $109.11. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The stock has a market cap of $206.59 billion, a price-to-earnings ratio of 18.01, a price-to-earnings-growth ratio of 1.68 and a beta of 1.55.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping the consensus estimate of $1.45 by $0.16. The company 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 company's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.39 EPS. Equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on DIS shares. Rosenblatt Securities raised their price objective on Walt Disney from $140.00 to $141.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Jefferies Financial Group lowered Walt Disney from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 11th. Barclays raised their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 9th. UBS Group raised their price objective on Walt Disney from $120.00 to $138.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Finally, JPMorgan Chase & Co. lifted their price target on Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a report on Tuesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $131.18.

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.