Oak Thistle LLC Makes New $1.57 Million Investment in The Walt Disney Company (NYSE:DIS)

Oak Thistle LLC acquired a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 15,950 shares of the entertainment giant's stock, valued at approximately $1,574,000.

Other institutional investors have also recently modified their holdings of the company. AllSquare Wealth Management LLC grew its stake in Walt Disney by 21.9% in the 1st quarter. AllSquare Wealth Management LLC now owns 1,124 shares of the entertainment giant's stock worth $111,000 after acquiring an additional 202 shares during the period. Proficio Capital Partners LLC grew its stake in Walt Disney by 1.3% in the 1st quarter. Proficio Capital Partners LLC now owns 17,038 shares of the entertainment giant's stock worth $1,671,000 after acquiring an additional 223 shares during the period. KLP Kapitalforvaltning AS grew its stake in Walt Disney by 1.2% in the 1st quarter. KLP Kapitalforvaltning AS now owns 711,812 shares of the entertainment giant's stock worth $70,256,000 after acquiring an additional 8,600 shares during the period. Alecta Tjanstepension Omsesidigt grew its stake in Walt Disney by 2.5% in the 1st quarter. Alecta Tjanstepension Omsesidigt now owns 3,659,400 shares of the entertainment giant's stock worth $361,110,000 after acquiring an additional 90,000 shares during the period. Finally, Homestead Advisers Corp grew its stake in Walt Disney by 12.0% in the 1st quarter. Homestead Advisers Corp now owns 862,000 shares of the entertainment giant's stock worth $85,079,000 after acquiring an additional 92,100 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on DIS. Loop Capital lifted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Rosenblatt Securities boosted their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a research note on Tuesday, June 3rd. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective for the company in a research note on Monday, April 21st. Barclays boosted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Finally, UBS Group boosted their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Five investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $128.13.

Insider Activity at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president directly owned 46,831 shares of the company's stock, 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.16% of the company's stock.

Walt Disney Stock Down 0.7%

Shares of Walt Disney stock traded down $0.91 during trading on Thursday, reaching $122.03. The company had a trading volume of 6,670,559 shares, compared to its average volume of 7,666,218. The company has a market cap of $219.38 billion, a price-to-earnings ratio of 24.95, a price-to-earnings-growth ratio of 1.80 and a beta of 1.56. The firm's fifty day moving average is $117.81 and its 200-day moving average is $107.30. 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 Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates 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 revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.21 EPS. On average, analysts anticipate that The Walt Disney Company will post 5.47 EPS 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.