Teacher Retirement System of Texas Boosts Holdings in The Walt Disney Company (NYSE:DIS)

Teacher Retirement System of Texas lifted its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 21.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 491,034 shares of the entertainment giant's stock after buying an additional 85,358 shares during the period. Teacher Retirement System of Texas' holdings in Walt Disney were worth $48,465,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of DIS. Brighton Jones LLC boosted its position in shares of Walt Disney by 7.7% during the 4th 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. Victory Capital Management Inc. lifted its holdings in shares of Walt Disney by 12.0% during the fourth quarter. Victory Capital Management Inc. now owns 662,659 shares of the entertainment giant's stock worth $73,787,000 after purchasing an additional 71,141 shares during the period. Cookson Peirce & Co. Inc. acquired a new position in shares of Walt Disney during the fourth quarter worth $293,000. J.Safra Asset Management Corp lifted its holdings in shares of Walt Disney by 305.6% during the fourth quarter. J.Safra Asset Management Corp now owns 2,734 shares of the entertainment giant's stock worth $303,000 after purchasing an additional 2,060 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of Walt Disney by 330.0% during the fourth quarter. Assetmark Inc. now owns 139,247 shares of the entertainment giant's stock worth $15,505,000 after purchasing an additional 106,862 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction that occurred on 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 directly owned 46,831 shares in the company, valued at $5,190,748.04. This represents a 2.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.16% of the stock is owned by corporate insiders.

Walt Disney Stock Performance

Shares of DIS stock traded up $1.00 during trading on Friday, reaching $123.98. 4,252,305 shares of the company's stock traded hands, compared to its average volume of 10,037,800. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $222.88 billion, a P/E ratio of 25.35, a PEG ratio of 1.80 and a beta of 1.56. The firm's 50-day moving average is $111.19 and its 200 day moving average is $106.29.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DIS shares. Rosenblatt Securities lifted their price target on shares of Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Needham & Company LLC reiterated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a report on Thursday, May 8th. Morgan Stanley lifted their price target on shares of Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. UBS Group boosted their target price on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Finally, Barclays boosted their target price 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. Five research 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. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $125.83.

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.