Quintet Private Bank Europe S.A. Grows Holdings in The Walt Disney Company (NYSE:DIS)

Quintet Private Bank Europe S.A. lifted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 2.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 691,799 shares of the entertainment giant's stock after acquiring an additional 17,593 shares during the period. Walt Disney makes up 4.0% of Quintet Private Bank Europe S.A.'s portfolio, making the stock its 7th biggest position. Quintet Private Bank Europe S.A.'s holdings in Walt Disney were worth $68,281,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DIS. Brighton Jones LLC increased its position in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock worth $2,980,000 after acquiring an additional 1,904 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in shares of Walt Disney in the fourth quarter worth $77,000. Great Lakes Retirement Inc. increased its position in shares of Walt Disney by 5.0% in the fourth quarter. Great Lakes Retirement Inc. now owns 6,426 shares of the entertainment giant's stock worth $716,000 after acquiring an additional 304 shares in the last quarter. Naples Global Advisors LLC increased its position in shares of Walt Disney by 8.7% in the fourth quarter. Naples Global Advisors LLC now owns 16,977 shares of the entertainment giant's stock worth $1,899,000 after acquiring an additional 1,363 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in shares of Walt Disney by 89.3% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,342 shares of the entertainment giant's stock worth $706,000 after acquiring an additional 2,992 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price target on shares of Walt Disney in a report on Thursday, May 8th. Rosenblatt Securities raised their price target on shares of Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, June 3rd. Barclays raised their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Guggenheim lowered their price target on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Finally, Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target for the company in a report on Monday, April 21st. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus price target of $123.96.

Insider Activity at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president now directly owns 46,831 shares in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.16% of the stock is currently owned by insiders.

Walt Disney Stock Performance

Shares of Walt Disney stock traded down $0.76 during trading hours on Friday, reaching $117.85. The company's stock had a trading volume of 13,143,189 shares, compared to its average volume of 10,094,029. The stock has a market cap of $211.86 billion, a P/E ratio of 38.39, a price-to-earnings-growth ratio of 1.80 and a beta of 1.54. The company's 50 day simple moving average is $101.58 and its 200 day simple moving average is $105.85. The Walt Disney Company has a one year low of $80.10 and a one year high of $120.50. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

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 the consensus estimate of $1.21 by $0.24. The firm had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Walt Disney's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period last year, the firm posted $1.21 EPS. As a group, analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.