TD Private Client Wealth LLC Grows Stock Holdings in The Walt Disney Company (NYSE:DIS)

TD Private Client Wealth LLC grew its position in The Walt Disney Company (NYSE:DIS - Free Report) by 26.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,252 shares of the entertainment giant's stock after acquiring an additional 5,958 shares during the period. TD Private Client Wealth LLC's holdings in Walt Disney were worth $2,788,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Mpwm Advisory Solutions LLC acquired a new position in shares of Walt Disney in the fourth quarter worth about $27,000. Kessler Investment Group LLC increased its stake in shares of 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 purchasing an additional 200 shares in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Walt Disney during the fourth quarter worth about $32,000. Copia Wealth Management purchased a new stake in shares of Walt Disney during the fourth quarter worth about $36,000. Finally, Vermillion Wealth Management Inc. purchased a new stake in shares of Walt Disney during the fourth quarter worth about $39,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the transaction, the executive vice president directly owned 46,831 shares of the company's stock, valued at approximately $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 at the SEC website. 0.16% of the stock is owned by corporate insiders.

Walt Disney Stock Up 0.4%

Walt Disney stock traded up $0.53 during mid-day trading on Thursday, reaching $121.14. 3,947,537 shares of the company's stock were exchanged, compared to its average volume of 9,992,547. The company has a market cap of $217.78 billion, a P/E ratio of 24.77, a P/E/G ratio of 1.78 and a beta of 1.56. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The company has a fifty day moving average of $113.74 and a 200-day moving average of $106.58.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The company had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same period in the prior year, the business earned $1.21 EPS. The firm's quarterly revenue was up 7.0% on a year-over-year basis. Sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on DIS shares. Barclays boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Wednesday. Rosenblatt Securities upped their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a research note on Tuesday, June 3rd. Jefferies Financial Group raised shares of Walt Disney from a "hold" rating to a "buy" rating and upped their price objective for the company from $100.00 to $144.00 in a research note on Monday, June 30th. UBS Group upped their price objective on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research note on Thursday, May 8th. Five equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $127.35.

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.