Quantbot Technologies LP Takes Position in The Walt Disney Company $DIS

Key Points

• Quantbot Technologies LP acquired 62,275 shares of The Walt Disney Company, worth approximately $6.1 million, during the first quarter of the year.
• Walt Disney's stock has recently been rated with a consensus "Moderate Buy" and a price target of $131.18, reflecting optimism from multiple analysts.
• The company reported a quarterly earnings per share (EPS) of $1.61, surpassing analysts' expectations, with revenue slightly below estimates at $23.65 billion.

Quantbot Technologies LP acquired a new position in The Walt Disney Company (NYSE:DIS - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 62,275 shares of the entertainment giant's stock, valued at approximately $6,147,000.

A number of other institutional investors have also recently made changes to their positions in DIS. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Walt Disney during the 1st quarter valued at $26,000. Mpwm Advisory Solutions LLC purchased a new position in shares of Walt Disney during the 4th quarter valued at $27,000. Kessler Investment Group LLC lifted its position in shares of Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock valued at $27,000 after buying an additional 200 shares during the last quarter. Copia Wealth Management purchased a new position in shares of Walt Disney during the 4th quarter valued at $36,000. Finally, Vermillion Wealth Management Inc. purchased a new position in shares of Walt Disney during the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Price Performance

NYSE DIS traded up $2.4990 during trading on Friday, reaching $118.7090. The company's stock had a trading volume of 4,865,527 shares, compared to its average volume of 9,698,891. The stock has a market capitalization of $213.43 billion, a PE ratio of 18.60, a P/E/G ratio of 1.69 and a beta of 1.56. 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 firm has a fifty day moving average of $119.20 and a 200 day moving average of $108.21. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

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

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of analyst reports. Chardan Capital reiterated a "buy" rating on shares of Walt Disney in a research note on Monday, August 11th. Barclays boosted their price objective on Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Citigroup boosted their price objective on Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Stephens reiterated a "buy" rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Morgan Stanley boosted their price objective on Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a research note on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company presently 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.