The Walt Disney Company $DIS Shares Acquired by Woodline Partners LP

Key Points

• Woodline Partners LP increased its stake in The Walt Disney Company by 63.6% during the 1st quarter, owning 522,126 shares valued at approximately $51.5 million.
• Multiple analysts have recently set new price targets for Disney, with Barclays raising it from $120.00 to $140.00 and a consensus average target price of $131.18.
• Walt Disney reported an earnings per share of $1.61 for the last quarter, surpassing analysts' expectations and showing a revenue increase of 2.1% compared to the same period last year.

Woodline Partners LP increased its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 63.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 522,126 shares of the entertainment giant's stock after purchasing an additional 203,060 shares during the period. Woodline Partners LP's holdings in Walt Disney were worth $51,534,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Walt Disney in the first quarter valued at $26,000. Mpwm Advisory Solutions LLC purchased a new position in Walt Disney in the 4th quarter valued at about $27,000. Kessler Investment Group LLC boosted its stake in shares of Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after purchasing an additional 200 shares during the last quarter. 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. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

DIS has been the topic of several recent analyst reports. Chardan Capital reissued a "buy" rating on shares of Walt Disney in a research note on Monday, August 11th. Loop Capital increased their price target on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Susquehanna restated a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research report on Thursday, September 4th. Finally, Barclays upped their target price on Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Walt Disney presently has a consensus rating of "Moderate Buy" and an average target price of $131.18.

Walt Disney Trading Up 0.7%

Shares of DIS opened at $118.77 on Tuesday. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The firm has a market capitalization of $213.54 billion, a P/E ratio of 18.62, a price-to-earnings-growth ratio of 1.71 and a beta of 1.55. 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 stock's fifty day simple moving average is $118.90 and its 200 day simple moving average is $108.84.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly 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 firm had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.39 earnings per share. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current 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.

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