The Walt Disney Company (NYSE:DIS) Position Increased by Osprey Private Wealth LLC

Osprey Private Wealth LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 23.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,725 shares of the entertainment giant's stock after acquiring an additional 6,740 shares during the period. Walt Disney comprises about 2.1% of Osprey Private Wealth LLC's investment portfolio, making the stock its 22nd biggest holding. Osprey Private Wealth LLC's holdings in Walt Disney were worth $3,526,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quintet Private Bank Europe S.A. increased its stake in shares of Walt Disney by 2.6% in the first quarter. Quintet Private Bank Europe S.A. now owns 691,799 shares of the entertainment giant's stock worth $68,281,000 after buying an additional 17,593 shares during the last quarter. Tobam grew its holdings in Walt Disney by 49.6% during the 1st quarter. Tobam now owns 6,654 shares of the entertainment giant's stock worth $657,000 after acquiring an additional 2,207 shares in the last quarter. Legacy Trust grew its holdings in Walt Disney by 1.0% during the 1st quarter. Legacy Trust now owns 35,642 shares of the entertainment giant's stock worth $3,518,000 after acquiring an additional 357 shares in the last quarter. Thomasville National Bank increased its position in shares of Walt Disney by 3.4% in the 1st quarter. Thomasville National Bank now owns 7,611 shares of the entertainment giant's stock worth $751,000 after purchasing an additional 251 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its stake in shares of Walt Disney by 0.7% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 633,490 shares of the entertainment giant's stock valued at $62,525,000 after purchasing an additional 4,279 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Stock Performance

DIS stock traded down $0.76 during trading on Friday, reaching $117.85. 13,143,189 shares of the company's stock were exchanged, compared to its average volume of 10,094,029. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $120.50. The firm has a market cap of $211.86 billion, a PE ratio of 38.39, a P/E/G ratio of 1.80 and a beta of 1.54. The company's fifty day moving average price is $101.58 and its 200-day moving average price is $105.85. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS - Get Free Report) last issued 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 for the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company's revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.21 earnings per share. On average, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction 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 transaction, the executive vice president now directly owns 46,831 shares in the company, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.16% of the company's stock.

Analysts Set New Price Targets

DIS has been the subject of a number of research reports. Rosenblatt Securities lifted their price target on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a research report on Monday, April 21st. Guggenheim lowered their price target on Walt Disney from $130.00 to $120.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Barclays raised their price objective on Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Thursday, May 8th. Six investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given 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 target price of $123.96.

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.