Robeco Institutional Asset Management B.V. Raises Holdings in The Walt Disney Company $DIS

Key Points

• Robeco Institutional Asset Management B.V. increased its holdings in The Walt Disney Company by 107.9% during the second quarter, owning a total of 847,655 shares valued at $105.1 million.
• Walt Disney's stock has a market cap of $201.62 billion and showed a quarterly revenue increase of 2.1% year-over-year, with earnings per share beating estimates at $1.61.
• Analysts have given The Walt Disney Company a consensus rating of "Moderate Buy", with an average price target set at $131.18, and a strong rating from Citigroup and Evercore ISI projecting price increases.

Robeco Institutional Asset Management B.V. lifted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 107.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 847,655 shares of the entertainment giant's stock after buying an additional 439,985 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Walt Disney were worth $105,118,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of DIS. DiNuzzo Private Wealth Inc. grew its stake in shares of Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant's stock worth $26,000 after purchasing an additional 94 shares during the period. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Walt Disney during the first quarter worth about $26,000. Kessler Investment Group LLC grew its position in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after buying an additional 200 shares during the period. Wolff Wiese Magana LLC increased its holdings in Walt Disney by 41.5% in the second quarter. Wolff Wiese Magana LLC now owns 460 shares of the entertainment giant's stock valued at $57,000 after buying an additional 135 shares in the last quarter. Finally, First PREMIER Bank lifted its position in shares of Walt Disney by 72.2% during the 1st quarter. First PREMIER Bank now owns 489 shares of the entertainment giant's stock valued at $48,000 after acquiring an additional 205 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods restated a "market perform" rating on shares of Walt Disney in a report on Monday, August 11th. Susquehanna reiterated a "neutral" rating on shares of Walt Disney in a research report on Monday, August 11th. Stephens restated a "buy" rating on shares of Walt Disney in a research report on Monday, August 11th. Citigroup lifted their price target on Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Finally, Evercore ISI increased their price objective on shares of Walt Disney from $134.00 to $140.00 and gave the company an "outperform" rating in a research note on Monday, August 4th. Nineteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and an average price target of $131.18.

Walt Disney Trading Down 0.7%

Walt Disney stock opened at $112.14 on Friday. The stock has a 50-day moving average price of $116.30 and a 200 day moving average price of $109.86. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The stock has a market cap of $201.62 billion, a PE ratio of 17.58, a P/E/G ratio of 1.48 and a beta of 1.54. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.