Ransom Advisory Ltd Acquires Shares of 11,917 The Walt Disney Company $DIS

Key Points

• Ransom Advisory Ltd has acquired a new stake in The Walt Disney Company, purchasing 11,917 shares valued at approximately $1.176 million.
• Institutional investors hold 65.71% of Walt Disney's stock, with notable increases in holdings from companies like Vanguard Group and UBS Asset Management.
• The stock recently reported earnings per share of $1.61, beating analyst estimates, with expected earnings per share for the current year at 5.47.

Ransom Advisory Ltd acquired a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 11,917 shares of the entertainment giant's stock, valued at approximately $1,176,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Aspen Investment Management Inc lifted its stake in shares of Walt Disney by 3.5% during the 1st quarter. Aspen Investment Management Inc now owns 2,938 shares of the entertainment giant's stock worth $290,000 after purchasing an additional 100 shares during the last quarter. Ilmarinen Mutual Pension Insurance Co lifted its stake in shares of Walt Disney by 4.6% during the 1st quarter. Ilmarinen Mutual Pension Insurance Co now owns 285,000 shares of the entertainment giant's stock worth $28,130,000 after purchasing an additional 12,604 shares during the last quarter. Advisory Alpha LLC increased its position in Walt Disney by 10.1% during the 1st quarter. Advisory Alpha LLC now owns 7,390 shares of the entertainment giant's stock valued at $729,000 after buying an additional 680 shares in the last quarter. SCS Capital Management LLC acquired a new position in Walt Disney during the 1st quarter valued at about $1,007,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Walt Disney by 9.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant's stock valued at $1,826,930,000 after buying an additional 1,642,907 shares in the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Performance

Shares of DIS stock traded down $1.06 during mid-day trading on Friday, reaching $116.02. The stock had a trading volume of 7,638,964 shares, compared to its average volume of 9,437,372. The business's fifty day moving average is $118.50 and its 200-day moving average is $108.99. 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 firm has a market cap of $208.60 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 1.67 and a beta of 1.55. 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 announced its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating 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 revenue was up 2.1% on a year-over-year basis. During the same period in the prior 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 year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on DIS shares. Morgan Stanley upped their target price on Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a research report on Monday, August 4th. Loop Capital upped their target price on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th. Jefferies Financial Group lowered Walt Disney from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 11th. JPMorgan Chase & Co. upped their target price on Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research report on Thursday, September 4th. One equities research 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, Walt Disney currently has an average rating of "Moderate Buy" and a consensus target price of $131.18.

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.