Sender Co & Partners Inc. Makes New $5.15 Million Investment in The Walt Disney Company $DIS

Key Points

• Sender Co & Partners Inc. has invested approximately $5.15 million in The Walt Disney Company, acquiring 52,127 shares, making Disney the 8th largest position in its portfolio.
• Walt Disney recently reported earnings of $1.61 per share, exceeding analyst estimates, with revenues of $23.65 billion, reflecting a 2.1% year-over-year increase.
• Overall, hedge funds and institutional investors own 65.71% of Walt Disney's stock, highlighting strong institutional interest in the company.

Sender Co & Partners Inc. acquired a new position in The Walt Disney Company (NYSE:DIS - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 52,127 shares of the entertainment giant's stock, valued at approximately $5,145,000. Walt Disney makes up 2.7% of Sender Co & Partners Inc.'s investment portfolio, making the stock its 8th biggest position.

Other large investors have also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. bought a new position in Walt Disney in the first quarter worth about $26,000. Mpwm Advisory Solutions LLC purchased a new position in shares of Walt Disney during the 4th quarter worth approximately $27,000. Kessler Investment Group LLC raised its position in shares of Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after acquiring an additional 200 shares in the last quarter. Copia Wealth Management purchased a new position in shares of Walt Disney in the 4th quarter valued at approximately $36,000. Finally, Vermillion Wealth Management Inc. purchased a new position in shares of Walt Disney in the 4th quarter valued at approximately $39,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Stock Down 1.2%

Walt Disney stock traded down $1.41 during trading hours on Tuesday, hitting $117.43. The stock had a trading volume of 5,441,597 shares, compared to its average volume of 6,049,631. The stock's 50-day moving average price is $118.78 and its 200-day moving average price is $108.90. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $211.13 billion, a P/E ratio of 18.41, a price-to-earnings-growth ratio of 1.72 and a beta of 1.55.

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

Wall Street Analyst Weigh In

DIS has been the subject of a number of research reports. Keefe, Bruyette & Woods reiterated a "market perform" rating on shares of Walt Disney in a report on Monday, August 11th. Stephens reaffirmed a "buy" rating on shares of Walt Disney in a research report on Monday, August 11th. Loop Capital increased their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Rosenblatt Securities lifted their price target on shares of Walt Disney from $140.00 to $141.00 and gave the company a "buy" rating in a research report on Monday, August 11th. Finally, Citigroup upped their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target 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.