MSA Advisors LLC Buys 14,180 Shares of The Walt Disney Company (NYSE:DIS)

Key Points

• MSA Advisors LLC increased its stake in The Walt Disney Company by 16.3%, now owning 101,170 shares valued at approximately $9.99 million, making it the firm's 11th largest holding.
• Several large investors have significantly boosted their holdings in Walt Disney, with DZ BANK AG increasing its stake by 1,900% and GAMMA Investing LLC by an astonishing 10,567.3% during the first quarter.
• Walt Disney's stock is rated as a "Moderate Buy" with a consensus price target of $131.14, reflecting a strong interest from analysts despite a recent earnings performance that exceeded estimates.

MSA Advisors LLC lifted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 16.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,170 shares of the entertainment giant's stock after acquiring an additional 14,180 shares during the quarter. Walt Disney accounts for approximately 2.6% of MSA Advisors LLC's portfolio, making the stock its 11th largest holding. MSA Advisors LLC's holdings in Walt Disney were worth $9,985,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. J. Safra Sarasin Holding AG grew its holdings in shares of Walt Disney by 8.1% in the 1st quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant's stock worth $21,983,000 after acquiring an additional 16,781 shares during the period. Planning Directions Inc. acquired a new stake in shares of Walt Disney in the 1st quarter worth approximately $326,000. WoodTrust Financial Corp grew its holdings in shares of Walt Disney by 6.7% in the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock worth $9,491,000 after acquiring an additional 6,047 shares during the period. Bank of Stockton grew its holdings in shares of Walt Disney by 4.4% in the 1st quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock worth $897,000 after acquiring an additional 383 shares during the period. Finally, Rheos Capital Works Inc. grew its holdings in shares of Walt Disney by 164.7% in the 1st quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock worth $39,026,000 after acquiring an additional 246,000 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Up 0.2%

NYSE DIS traded up $0.17 during trading on Monday, reaching $112.60. The company's stock had a trading volume of 8,526,534 shares, compared to its average volume of 8,920,482. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $202.45 billion, a PE ratio of 17.65, a PEG ratio of 1.62 and a beta of 1.56. The business has a 50-day moving average price of $119.16 and a 200-day moving average price of $107.98. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion during the quarter, compared to analysts' expectations of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company's revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.39 earnings per share. On average, research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction on 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 approximately $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.16% of the company's stock.

Analyst Ratings Changes

DIS has been the topic of several research reports. Needham & Company LLC reiterated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research report on Thursday. Susquehanna reiterated a "neutral" rating on shares of Walt Disney in a research report on Monday. UBS Group increased their price target on shares of Walt Disney from $120.00 to $138.00 and gave the company a "buy" rating in a research report on Wednesday, July 16th. Chardan Capital reiterated a "buy" rating on shares of Walt Disney in a research report on Monday. Finally, JPMorgan Chase & Co. increased their price target on shares of Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. Eight analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price 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.